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KSE-100 index gains over 1,450 points

News Desk by News Desk
April 11, 2022
in Business, Lifestyle, National, Top News
Reading Time: 1 min read
Stock Market

KARACHI: Amid the current political scenario, the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) opened with positive signs and surpassed 44,000 points.

After the success of the no-confidence motion against former prime minister Imran Khan, the KSE-100 index gained over 1,450 points on Monday and traded at 45,894 points. Over the past week, the political crisis in the country had kept the PSX under pressure with the Exchange losing more than 900 points. However, with the new setup, the stock market showed progress.

The local currency also gained some value against the greenback and traded at Rs183.20. The dollar lost Rs1.83 in early trade. In the open market, the rupee stood at Rs185.

News Desk

News Desk

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