The stock market increased by more than 1400 points, the 100 index also crossed the 66 thousand mark.
Due to the improvement of the economy, the stock exchange has a rising trend: Caretaker Prime Minister Anwarul Haq Kakar. Photo fileKARACHI: The Pakistan Stock Exchange 100 index crossed the all-time high of 66,000 after gaining more than 1,400 points.
Today, the market is witnessing a positive trend since the beginning of the last day of the business week and at one point the 100 index was seen trading up 1436 points to 66155.
In this regard, while addressing an event in the Pakistan Stock Market, Caretaker Prime Minister Anwarul Haq Kakar said that Caretaker Prime Minister Anwar Haq Kakar said that the stock exchange has an important role in the economy of the country and due to economic improvement, the stock market has increased by 40% since September. While the value of the dollar was 307 rupees in September, it is around 284 today.
He said that the country's economy faced many challenges this year, the standby agreement with the IMF brought confidence to the investors, due to the improvement of the economy, there is an upward trend in the stock exchange.
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