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Pakistan Stock Exchange records increase of 153 points


Syed Umarullah HussainiWeb Editor

06th Jul, 2020. 01:45 pm
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PSX MARKET

The Pakistan Stock Exchange recorded an increase of 153 points during trading on the first day of the business week.

The stock market started trading in the positive zone on the first day of the trading week.

The KSE 100 Index started at 35,051 points and initially recorded an increase of 101 points and the index wintessed trading at 35,152 points.

During the trading session, a decrease of 49 points was also recorded and the index fell to 35,002 points, but soon the stock market started trading in the positive zone.

During trading, 117,513,244 shares were traded in the KSE 100 Index of worth Rs 4,633,468,855.

Meanwhile, the SBP yesterday extended the employment scheme for another three months.

A SBP spokesperson had said that those who received financing from April to June would be able to get the same proportion of financing from July to September.

The spokesperson said that under the scheme, banks have sanctioned financing of Rs 112.80 billion for 1653 institutions till June 19.

According to the SBP, the scheme has saved one million jobs till June 19, while the government has increased the risk-sharing of the scheme from 40 to 60 percent.