Pakistan Stock Exchange report: Week ends with a positive trend

Komal FatimaWeb Editor

06th Feb, 2021. 10:08 am
Pakistan Stocks Exchange

The weekly report of the Pakistan Stock Exchange showed a bullish trend at the end of the business week.

As per the details, PSX 100 index increased by 520 points in a week.

PSX 100 index increased from 46385 to 46905 during the week.

Market capitalization increased by Rs 82 billion in a week due to an increase in the prices of shares. Market capitalization increased from 8398 to 8480 during the week.

Exports cross $2 billion for four consecutive months in eight years

Advisor of Prime Minister on Commerce Abdul Razak Dawood praised the success of exports of Pakistan.

He addressed the viewers via a video link to review the trade data till last month. He said that Pakistan’s exports have crossed the mark of two billion dollars for four consecutive months for the first time in the last eight years.

According to details, it has been found that exports in last month increased by eight percent to 2.135 billion dollars as compared to 1.978 billion in the same period last year.

Dawood was told that an increasing trend was witnessed in the export of value-added and non-traditional products last month. The exports of garments, pharmaceuticals, Plastics, Textiles, and Rice witnessed an increasing trend as compared to January last year.

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