KARAACHI: The Pakistan Stock Exchange (PSX) continued its positive momentum on Thursday, gaining 500 points on the KSE-100 index.
With the 500-point rise, the KSE-100 index crossed the 92,000 benchmark again.
This increase follows a slight decline the previous day, when the index closed at 92,021 points, down by 282 points at the end of Thursday’s trading session.
In the currency market, the Pakistani rupee strengthened slightly against the US dollar, with the dollar’s interbank rate dropping by four paisas to Rs277.85.
On the previous business day, the dollar had closed at Rs277.89 in the interbank market.
Market analysts attribute this positive momentum to increased investor confidence and stable economic signals, with further gains expected in the coming sessions.
