KARACHI – The Pakistan Stock Exchange (PSX) witnessed positive session to end the business week amid hopes for revival IMF loan programme.
The KSE-100 index went up by 208.33 points to close at 41,793.83 points. Sectors contributing to the performance include commercial banks, fertilizer, technology & communication, textile and others.
Volumes increased from 229.1 million shares to 272.8 million shares. The average traded value decreased by 8.4% to $24.1 million as against $26.3 million.
Pakistan rupee strengthened against the US dollar in the interbank and open markets after it lost ground on Thursday.
The Pakistani rupee appreciated by 0.54% against the US dollar in the interbank market, settling at Rs280.77 as compared to yesterday’s Rs282.30.
Finance Minister says talks with IMF about to conclude, staff-level pact likely in two days
