Islamabad: The Pakistan Stock Exchange (PSX) saw a strong surge in early trading today, with the benchmark 100 Index gaining 970 points, reaching a level of 116,229 points.
Yesterday, the PSX closed with a notable gain of 3,907 points, ending at 115,259 points. The highest point recorded during the session was 115,422 points.
During yesterday’s trading, over 1.05 billion shares were exchanged, amounting to a total of 40.88 billion rupees. Market capitalization also saw an increase of 432 billion rupees, bringing the total to 14.558 trillion rupees.
In the forex market, the US dollar saw a slight dip, with a decrease of 8 paisas in early interbank trading. The dollar is currently trading at 278.40 rupees, down from yesterday’s close of 278.48 rupees, which had also seen a marginal decrease of one paisa.
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This positive momentum in the stock market and the slight depreciation of the dollar reflect investor confidence and stability in the economy.
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