Business
PSX boom, 78,000 points limit restored
PSX increased by 656 points with 100 Index trading at 78,397 points
Karachi: A positive trend has been seen in the Pakistan Stock Market on Friday.
In the fifth and last day of the business week, the Pakistan Stock Exchange (PSX) has increased by 656 points with the 100 Index of the stock market trading at a level of 78,397 points.
It is pertinent to note that the business in the Pakistan Stock Market ended in the negative zone yesterday due to which the 100 Index closed at 77,740 points with a decrease of 146 points.
US Dollar
On the other hand, the value of the US dollar has declined in interbank.
On the last day of the business week, the US currency depreciated by Rs0.16 at the interbank level, with the dollar depreciating from Rs278.66 to Rs278.50 at the interbank level.