Boom in PSX, 74,000 points range restores again

Karachi: The day after the presentation of the federal budget, Pakistan's stock market has seen a huge boom, with the 100-Index again crossing the 74,000 points mark.

The stock market is in a bullish trend on the fourth day of the business week, with the 100-Index trading at 74,742 points after the stock market gained 1,945 points.

It is pertinent to note that yesterday the business in the stock market ended in a positive zone due to which the 100-Index closed at the level of 72,797 points with an increase of 208 points.

US Dollar

On the other hand, the value of the American currency has also increased in interbank.

On the fourth day of the business week, the US currency rose by Rs0.9 in the interbank trade, with the dollar trading at Rs278.70 in interbank.