Pakistan Stock Exchange reached its highest level in over 6 years. Beforethis, the stock market had reached a level of 49,000 points in June 2016.
According to details, the Pakistan Stock Exchange saw continuous gains onthe fourth day of the business week, with the index increasing by 2241points in the past eight business days. Today, the market also closed on apositive note.
Today, the stock market’s 100 index rose by 297 points, closing at 48,772points. During this period, a total business of 11.73 billion rupees wasconducted with 34 crore 22 lakh shares.
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It is clear that the positive effects of the crackdown against mafiacarried out by the government are evident, and the decline in the value ofthe US dollar continues. A series of reductions in the value of the dollaris ongoing in the open market and interbank.