Business

New record in PSX, 110,000 points crossed

Positive trend was seen and 100 Index increased by 1,189 points

GNN Web Desk
Published 13 days ago on Dec 9th 2024, 12:42 pm
By Web Desk
New record in PSX, 110,000 points crossed

Karachi: The Pakistan Stock Exchange's 100 Index created a new history and crossed the psychological threshold of 110,000 points.

On the first day of the business week, trading began in the negative zone. The 100 index of the stock exchange fell below the high of 109,000 points. However, after some time, a positive trend was seen and the market's 100 Index increased by 1,189 points.

After an increase of 1,189 points, the 100 Index in the market is trading at the level of 110,243 points.

It is pertinent to note that last business week, trading in the stock exchange ended in the positive zone. During trading, the Pakistan Stock Market increased by 814 points and the 100 Index closed at the highest level of 109,053 points.

On the last day of the last business week, 658.480.122 shares worth Rs38.868.328.991 were traded in the stock market.