Pakistan Stock Exchange Goes Bullish On First Day Of Week

Trading on the Pakistan Stock Exchange ended on a high note on the first day of the business week.

According to the details, the Pakistan Stock Exchange has recorded a positive trend in trading on the first day of the current business week in which the 100 Index recorded an increase of 584 points.

The index closed at 41,850 points with an increase of 1.42%, while the market capitalization has increased by Rs 70 billion due to the rise in the share price.

It may be recalled that according to the data released by the State Bank of Pakistan, the value of the dollar in the interbank market has declined by 32 paise.

According to Forex dealers, the dollar fell from 161.37 to close at 161.05 in the interbank market.

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On the other hand, according to the data released by the All Pakistan Jewelers Manufacturers Association, the price of gold per tola across the country has come down by Rs 230 to Rs 115,270 while the price of 10 grams of gold has come down by Rs 196. 98,825.

As a result of an increase in prices, the price of gold per tola in Karachi, Hyderabad, Lahore, Islamabad and Peshawar barter markets has come down by Rs 230 to Rs 115,270 while the price of 10 grams of gold has come down by Rs 196 to Rs 98. 1,825.