Based on the experiences, the Karachi Inventory Trade (KSE-100) index gained 207 factors and is at present buying and selling at 50,572 factors.
Yesterday, the Pakistan Inventory Trade’s benchmark KSE-100 index went above the 50,000 mark, a milestone that analysts mentioned occurred after six years.
The benchmark Karachi Inventory Trade (KSE) 100 Index gained 600 factors to commerce at 50,025 factors in intraday buying and selling.
The 50k stage crossed after six years (final seen on June 07, 2017).
In the meantime, the Pakistani rupee bounced again in opposition to the US greenback within the interbank market on Thursday.
The greenback which gained Rs1 in opposition to the PKR within the interbank on Wednesday, depreciated by Rs1.96 on the early buying and selling on Thursday afternoon.
The Pakistani rupee gained Rs1.96 in opposition to the US greenback and at present buying and selling at Rs278.30 within the interbank market, the foreign exchange sellers mentioned.
The banks are promoting the buck to the importers at Rs278.80, whereas the US forex additionally misplaced Rs1 in opposition to the native forex within the open market.