Karachi: On Friday, Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index registered a relief rally. It gained more than 700 points in intraday trading as days-long political uncertainty began showing hints of abatement. The market opened on a positive note, with the index rising to 44,2361.81, a rise of nearly 450 points, within the first thirty minutes of trading.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Foreign Reserves fall to the lowest since 2014

The State Bank of Pakistan’s (SBP) foreign currency reserves dropped to the…

Pakistan receives $7.8bn in foreign assistance in FY23

A report from the Economic Affairs Division showed that Pakistan received $7.76…

Rupee registers highest single-day gain

Karachi: The Pakistani rupee recorded its highest single-day gain against the US…

India under fire after US says it ‘allowed’ Russian oil purchases

India’s Narendra Modi-led government has come under renewed criticism from opposition parties…