Abb Takk News

PSX crosses 74,000 mark during morning trading today as 1380 points increase in 100 Index

Karachi: Pakistan Stock Exchange (PSX) on Thursday crossed 74000 limit while 1380 points increased in the 100 Index.

The trading is underway in the PSX on 74,178.

The PSX has crossed its limit as the government presented budget yesterday of Rs 18,870 billion.

The government increased salaries of the government employees from grade 1 to grade 16 by 25 percent.

While 20 percent hiked in the grade 17 to grade 22 government employees. Whereas the government has also increased pension of retired employees by 15 percent.

The government has also fixed minimum wage of any labour from Rs 32000 to Rs 37000.