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Pakistan Stock Exchange hits all-time high of 69,000 mark amid heavy trading

11:19 AM | 8 Apr, 2024
Pakistan Stock Exchange hits all-time high of 69,000 mark amid heavy trading
Source: File Photo

KARACHI - Pakistan Stock Exchange continues to witness bullish trend and PSX's flagship KSE-100 jumped to another record high amid signs of improvement.

PSX continued its upward trend on first working day of the week, with the benchmark KSE-100 surpassing 69,000 for the first time. At noon, the index was at 69,160.00, up by 743.22 points or 1.09pc.

The energy sector pushed the buying spree as experts linked surge was attributed to drop in inflation. Additionally, foreign investors and institutions added liquidity by buying stocks, bolstering market sentiment.

PSX saw bullish trend last week, with strong buying from local and foreign investors, supported by institutional backing, leading to a 1,274.66-point increase in KSE-100 index to close at 68,416.78 points.

More to follow...

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan - PKR to US Dollar, Euro, Dirham, Riyal 18 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 18, 2024 (Tuesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.50 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 349.7 for buying, and 353.25 for selling.

UAE Dirham AED was at 74.80 and Saudi Riyal at 72.80.

Currency Symbol Buying Selling
US Dollar USD 277.50 280.65
Euro EUR 296.00 299.00
UK Pound Sterling GBP 349.70 353.25
U.A.E Dirham AED 74.80 75.60
Saudi Riyal SAR 72.80 73.55
Australian Dollar AUD 182.00 184.00
Bahrain Dinar BHD 741.18 749.18
Canadian Dollar CAD 204.00 206.00
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.18 40.58
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.90 1.98
Kuwaiti Dinar KWD 909.34 909.34
Malaysian Ringgit MYR 59.30 59.90
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.88 731.88
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.65 205.65
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 311.90 314.40
Thai Bhat THB 7.58 7.73

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