PSX hits all-time excessive, crosses monumental 71,500 factors

Buyers rejoiced because the PSX crossed the monumental threshold of 71,500 factors for the primary time, marking a major milestone within the nation’s financial panorama.

The bullish sentiment was palpable because the KSE-100 index surged over 600 factors, catapulting to a report excessive of 71,515 factors, underscoring the resilience and optimism prevalent within the Pakistani monetary market. This outstanding achievement displays traders’ confidence within the nation’s financial prospects and alerts strong progress prospects within the foreseeable future.

Concurrently, The US greenback has decreased in worth in opposition to the Pakistani rupee within the overseas change market. In response to foreign money sellers, on the primary day of the enterprise week, the rupee gained additional power within the interbank market, as the worth of the US greenback decreased by 11 paisas to Rs278.20 within the interbank market.