Pakistan Stock Exchange (PSX) reached another milestone on Monday as the benchmark KSE-100 Index first surpassed the 51,000 mark for the first time in over six years and later touched 51.419.86 during intraday trading. However, the market could not sustain the rally amid selling pressure as market closed with the KSE-100 settling at 51,070.82 after a net gain of 338.96, or 0.6. percent against the previous closing of 50,731.86. The overall trading volume for the KSE-100 Index was over 187 million shares.

Leave a Reply

Your email address will not be published.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

You May Also Like

Pakistan to export mobile phones claimed Razak Dawood

In a press conference, Adviser to the Prime Minister on Commerce and…

Pakistani rupee continues its downslide

Karachi: The declining trend of rupee continued on Wednesday as the currency…

IMF rejects Pakistan’s initial proposal on fuel subsidy

The International Monetary Fund (IMF) has rejected Pakistan’s initial proposal for subsidy…

Pakistani rupee falls over Rs 8 against US dollar

The Pakistani rupee continued its downward trend on Friday with the local…