Pakistan Stock Exchange takes yet another big jump
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KARACHI – Pakistan Stock Exchange (PSX) crosses 40,000 points on Thursday.
PSX continued its bullish trajectory propelled by renewed investor confidence after Saudi Arabia pledged to provide Islamabad with $6 billion in financial assistance.
The benchmark KSE-100 index gained another 763 points to push the index above 40,000 points. It was trading at around 40,040 points as of 11am.
On Wednesday, the dollar value was declined by Rs1.89 in interbank market while it was traded around Rs132. In open market its value was recorded at Rs133 after a decline by 90 paisa.
