KSE 100 index witnessed upward trend after gaining 639 points

Pakistan Stock exchange witnessed an upward trend on Monday as KSE 100 Index gained 639 points and traded at the level of 43110.

According to the details, the KSE 100 Index gained 316 points and traded at the level of 39949 on the first day of the business week.

In the previous week, Pakistan Stock Exchange (PSX) benchmark KSE-100 shares index gained 0.39 percent or 164.56 points to close at 42,470.40 points level.

KSE-30 shares index followed suit with a high of 0.33 percent or 58.32 points to end at 17,730.15 points level.

Volumes of benchmark index increased to 557.610 million shares, as compared with the turnover of 472.363 million shares in the previous session.

On the other hand, the Central Bank has said that remittances from overseas Pakistanis into Roshan Digital Account touched another daily high today.

According to the State Bank of Pakistan,

“Inward remittances from overseas Pakistanis into #RoshanDigitalAccount touched another daily high with inflows of $11.2 million on 11Dec20. To this date, total inward remittances into RDA have reached $154.6 million, with $88.7 million invested in Naya Pakistan Certificates.”