Pakistan stock market surges, index hits all-time high

Karachi: The Pakistan Stock Exchange has reached the highest level in the country's history.

The stock market witnessed a huge boom at the start of business on the fourth day of the business week.

During trading, the Pakistan Stock Exchange increased by more than 1,400 points, with the stock market's 100 Index touching the mark of 119,421 points.

It is pertinent to note that at the end of the previous business day, the stock market index closed at 117,974 points with an increase of 972 points.

On the other hand, the value of the US currency in the interbank has decreased by Rs0.11, with the dollar falling from Rs280.21 to Rs280.10 in the interbank market.