100 index crosses threshold of 73,000 points in PSX

Karachi: Investors' confidence started to recover as Pakistan stock market reached the highest level in the country's history.

On the first day of the business week, the 100 index crossed the 73,000 points mark in the Pakistan Stock Exchange (PSX).

The Pakistan Stock Market saw an increase of 522 points with the 100 index trading at a level of 73,265 points.

It is pertinent to note that the stock market increased by 771 points on the last day of the last business week after which the 100 index closed at an all-time high of 72,742 points.

On the other hand, the trend of increasing the value of the dollar in interbank continues.

The US currency rose by Rs0.12 on the first day of the business week, with the dollar trading at Rs278.50 at the interbank level.