Karachi: The upward trend in the Pakistan Stock Exchange continues, with the index crossing a new all-time high of 117,000. Meanwhile, the dollar’s value has decreased.
On the second business day of the week, the stock market opened with a negative trend but soon witnessed a surge. The 100 Index climbed 848 points to reach a historic high of 117,796.
Yesterday, the 100 Index set a new record by crossing two new milestones, and it had a remarkable start to trading.
On the other hand, the US dollar is depreciating in the interbank market. At the start of trading in the interbank, the dollar dropped by 7 paisas, declining from Rs. 278.17 to Rs. 278.10.