Stock Market Opens on a Positive Note as Dollar Declines

Date:

February 13, 2025

Stock Market Opens on a Positive Note as Dollar Declines

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The Pakistan Stock Exchange (PSX) once again surpassed the 113,000-point mark, while the exchange rate of the US dollar saw a decline.

On the fourth trading day of the business week, the stock market opened on a positive trend, with the KSE-100 Index rising by 407 points to reach 113,322 points. The previous day, the index had also crossed the 113,000 threshold at the opening but ended in the negative zone by market close.

Meanwhile, fluctuations in the dollar’s value continued. According to the Exchange Companies Association, the interbank dollar rate dropped by 20 paisas, bringing its value down to Rs. 279.06.

Read More: Pakistan Stock Market Surge Amid Economic Crisis – What’s Behind It?

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