Pakistan Stock Exchange end closer to highest level of history
Shares
![Pakistan Stock Exchange end closer to highest level of history](https://timesofislamabad.com/digital_images/large/2023-10-13/pakistan-stock-exchange-end-closer-to-highest-level-of-history-1697138108-6198.jpg)
Pakistan Stock Exchange reached its highest level in over 6 years. Before this, the stock market had reached a level of 49,000 points in June 2016.
According to details, the Pakistan Stock Exchange saw continuous gains on the fourth day of the business week, with the index increasing by 2241 points in the past eight business days. Today, the market also closed on a positive note.
Today, the stock market's 100 index rose by 297 points, closing at 48,772 points. During this period, a total business of 11.73 billion rupees was conducted with 34 crore 22 lakh shares.
It is clear that the positive effects of the crackdown against mafia carried out by the government are evident, and the decline in the value of the US dollar continues. A series of reductions in the value of the dollar is ongoing in the open market and interbank.