Stock Market, Crosses 112,000 Points After Decline

News Desk
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After three consecutive days of decline, the Pakistan Stock Exchange (PSX) saw a positive trend as the index once again crossed the 112,000-point mark. Additionally, the value of the US dollar also witnessed a decline.

On the fourth day of the trading week, the stock market began on a positive note, with the PSX 100 index gaining 515 points. As a result, the index traded above 112,000 points.

While the stock market showed a mixed trend, the price of the dollar fell. According to the Exchange Companies Association, the dollar price in the interbank market dropped by 7 paisa, settling at 278.80 PKR.

It is worth noting that the stock market had been in a slump for three consecutive days, causing the index to lose thousands of points and resulting in losses for investors.

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