PSX up by more than 700 points

Karachi: A positive trend is being seen in the Pakistan Stock Exchange on Tuesday.

The second day of the business week also witnessed a strong rally in the stock market, with the Pakistan Stock Exchange 100 Index trading at 86,780 an increase of over 700 points.

It is pertinent to note that on the first day of the business week, the business in the Pakistan Stock Exchange ended in a positive zone and the 100 Index closed at the highest level of 86,057 points with an increase of 807 points.

US currency

On the other hand, the value of the Pakistani rupee has started to improve due to the fall of the dollar in the interbank market.

The US currency depreciated by another Rs0.9 on the second day of the business week with the dollar trading at Rs277.60 from Rs277.69 on the interbank.