The clouds of recession in Pakistan Stock Exchange have cleared, the business has picked up since last day, the business has started positively in Pakistan Stock Exchange today.
An increase of 246 points was seen in the 100 index, which brought the index to the level of 78 thousand 120 points. On the other hand, the value of the dollar decreased further in the inter-bank, during the business, the value of the dollar decreased by 4 paise in the inter-bank, during the business, the dollar is trading at 278 rupees 65 paise.
The index recovered to 77500 points yesterday, expectations of further reduction in interest rate in the coming days from auction of market treasury bills at 24 to 50 basis points, announcements of good financial results of other listed companies including banking, Mari Gas etc. Due to the factors, the share prices increased by 42% due to the market boom.
In the Pakistan Stock Exchange yesterday, the value of shares increased by 98 billion 86 crore 39 lakh 04 thousand 212 rupees. At the end of the business, the KSE 100 index closed at the level of 77874.22 points with an increase of 759.73 points.
Yesterday, the business volume was 10.18% higher than Wednesday and a total of 49 crore 30 lakh 90 thousand 983 shares were traded, while the scope of business activities was limited to the shares of 434 companies, of which 183 increased in price, 198 decreased in price and 54 prices remained stable.
