The KSE 100 Index started trading at 36,618 points on second day of the business week.
During the first hour of trading, a decrease of 84 points was recorded and the index was seen trading at the level of 36 thousand 534 points.
Soon the business started hawked in the positive zone and reached the level of 36,785 with an increase of 167 points at the end of the first hour.
During the first hour of trading, 104,270,420 shares traded, valued at 5,453,853,553 in Pakistani rupees.
Monday Trading Data
The Pakistan Stock Exchange (PSX) recorded an increase of 376 points during trading on Monday.
The KSE 100 Index started at 36,190 points.
During the first hour of trading, an increase of 395 points recorded while the index trading at 36,585 points.
As many as 146,183,816 shares traded worth 7,066,312,905 in Pakistani rupees.
Presiding over a meeting of an economic think tank earlier, the Prime Minister Imran Khan said that the novel coronavirus has put a negative impact on the global economy, including Pakistan.
Prime Minister Imran Khan said that the government’s policy was to strike a balance between protecting the people from the epidemic and economic activities.
Providing aid to the most backward sections of society is a top priority.
In addition to this, he also said that providing aid to the most backward sections of society is a top priority.
He said that the government’s Ehsas program is of key importance for poverty alleviation.
Furthermore, the Ehsas program needs to expand to help the most deserving.
According to the latest disbursement figures of the Ehsas Emergency Cash Program, Rs 149.97 billion distributed to more than 12.39 million working people in Pakistan.
Coronavirus Cases in Pakistan
Coronavirus has killed 5,320 people and infected 253,604 in Pakistan, while 170,656 people have recovered from the disease.