KARACHI: Due to fresh investments and positive expectations on sectoral basis, the Pakistan Stock Exchange was bullish on Monday with fluctuations, but despite the boom, 57.11% share prices fell, but the value of the shares was 9 billion 66 crore 33 lakh 65. A thousand 620 rupees have increased.
Trading started briskly, with a 660-point rally at one point followed by a 35-point decline due to profit-taking, but continued buying activity in other sectors, including oil and gas, led KSE to close at the end of trading. 100 index closed at the level of 79491.14 points with an increase of 158.08 points.
Meanwhile, the dollar continued to depreciate for the fifth consecutive day in the interbank market on Monday. At the close of business, the interbank rate of the dollar closed at Rs 278 12 paise by a decrease of 04 paisa, while on the contrary, the value of the dollar remained unchanged at the level of Rs 280 75 paisa in the open currency market.
Apart from this, the price of gold in the local exchange markets also reached a new high in history, due to which the price of 24 carat gold per tola increased by Rs 1,700 to a new high of Rs 268,000 per tola on Monday. The price of gram gold also rose by Rs 1458 to a high of Rs 229767.
