PSX commences robustly as the 100 Index ascends by more than 300 points
The Pakistan Stock Exchange (PSX) commenced the trading day favorably, with the 100 Index increasing by almost 300 points to attain 118,500 points.
The upswing is ascribed to heightened investor interest and positive economic indications, which have augmented share acquisitions during the initial trading hours.
In the interbank market, the Pakistani rupee has seen marginal enhancement, with the dollar price declining by 5 paisas, leading to the US dollar selling at Rs282.
Economists regard the restoration of investor confidence and the stabilization of the rupee’s value as positive indicators for the market.
