At the start of business, the Pakistan Stock Exchange witnessed a boom while the dollar depreciated.
An increase of 324 points in the 100 index was seen in the Pakistan Stock Exchange, the index was seen trading at 79 thousand 118 points during the business.
The value of the dollar decreased by 2 paisa during the interbank business, the dollar is trading at 278 rupees 65 paisa during the interbank business.
It should be noted that the business activities in the Pakistan Stock Exchange continue to increase. The KSE-100 index increased by 532.56 points yesterday.
The finance minister’s statement on the approval of the new loan program to Pakistan in the executive board meeting of the International Monetary Fund (IMF) in September, the auction of market treasury bills at low yield, the Kybor rate will decrease in the coming days. Due to expectations of reduction in interest rate and positive trend, Pakistan Stock Exchange continued to rise yesterday.
Due to the boom in the stock market, the share prices increased by 55.17%, the value of the shares increased by 62 billion 79 crore 67 lakh 6 thousand 618 rupees. The graph continued to rise.
At one point the market witnessed a surge of 735 points but in the closing moments due to profit taking, the said rate of acceleration decreased and as a result the KSE-100 index closed at the level of 78793.41 points with an increase of 532.56 points at the close of business.
