KARACHI: After a surge of 1094 points in the Pakistan Stock Exchange, the Hundred Index also crossed a new high of 55000 points.
Due to factors such as Saudi Arabia and China’s investment in Pakistan’s refinery sector, IMF’s satisfaction with the performance of Pakistan’s economy and positive technical negotiations to ensure the release of the next installment of loans, the Pakistan Stock Exchange (PSE) rose on Friday. 100 Index also continued its bullish streak to new all-time highs.
In the stock market, the 100 index rose to a high of 55355 points.
On the other hand, the dollar rose by 36 paise to Rs 287 by 25 paise in the interbank market.