Pakistan Stock Exchange records bullish week
100-index witnessed a 3.77 percent rise in four days of trading
KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) saw an increase of 1,181 points in business conducted this week, Dunya News reported Saturday.
The stock exchange was reported bullish this week as 100-index had closed at 32,479 points on February 4.
100-index witnessed a 3.77 percent rise in four days of trading.
Total business conducted rose from Rs 11 crore to Rs 14 crore a day. Analysts have said that State Bank’s decision to maintain six percent interest caused the rise.
On the other hand, stability in Asian markets and increased oil prices in the international market have added to Pakistan Stock Exchange’s benefit.
