Business

Big records in PSX, crossing 106,000 points for first time

Pakistan Stock Exchange increased by more than 1,600 points

GNN Web Desk
Published 22 days ago on Dec 5th 2024, 12:11 pm
By Web Desk
Big records in PSX, crossing 106,000 points for first time

Karachi: The Pakistan Stock Exchange continues to see a bullish trend, with the 100 Index reaching an all-time high on Thursday.

On the fourth day of the business week, the stock market has also seen a bullish trend at the start of trading.

During trading, the Pakistan Stock Exchange increased by more than 1,600 points, with the 100 Index trading at an all-time high of 106,757 points.

It is pertinent to note that on the third day of the business week, the 100 Index closed at a high of 105,104 points with an increase of 545 points.

US Dollar

On the other hand, the value of the Pakistani rupee has started to improve with dollar becoming cheaper in the interbank market.

On the fourth day of the business week, the US currency declined by another Rs0.7 in the interbank market, trading at Rs277.85 from Rs277.92.