Business
Another record set! PSX crosses 86,000 points limit
100 Index is trading at the level of 86,245 points
Karachi: Pakistan stock market continues to set record after record.
On the third day of the business week (Wednesday), a bullish trend was seen in the stock exchange, with which the 100 Index in the stock market crossed the psychological threshold of 86,000 points for the first time.
100 Index is trading at the level of 86,245 points in the stock exchange with a rise of 581 points during the trading.
It is pertinent to note that at the end of the business day yesterday, the 100 Index closed at the level of 85,663 points with an increase of more than 753 points in the stock exchange.
Notably, the 100 Index increased by more than 5,000 points in six business days of October.
US currency
On the other hand, the value of the US dollar continues to decline.
On the third day of the business week, the US currency fell by Rs0.7 at the interbank level with the dollar trading at Rs 277.60 from Rs 277.67 on the interbank basis.