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PSX starts week with over 700 points hike, crosses 71000 mark

10:31 AM | 22 Apr, 2024
PSX starts week with over 700 points hike, crosses 71000 mark
Source: File Photo

Pakistan stock market had a positive start to the week over clarity on the political front, and in light of expected inflows from global lenders.

PSX portal shows the benchmark KSE-100 index gained 728 points, or 1.03 per cent, to stand at 71,638 at 10:00am from the previous close of 70,882 on Monday.

The bullish trend continues in stock market despite last week jitter when KSE-100 started the trading session negative on reports of Israel’s attack on Iran. The market soon recovered from the development.

Buying activity was observed in sectors such as automobile assemblers, chemicals, oil and gas exploration companies, and oil marketing companies.

The ongoing bullish trend is also influenced by surge in corporate earnings reported by local listed companies this quarter. 

Daily Pakistan Global Web Desk

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Today Open Market Currency Rates in Pakistan - Rupee to US Dollar, Euro, Pound, Riyal - 21 May 2024

Pakistani currency rates against US Dollar and other currencies on May 21, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.7 for buying and 280.35 for selling.

Euro moved up to 298 for buying and 301 for selling while British Pound rate is 350.5 for buying, and 354 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 21 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 298 301
UK Pound Sterling GBP 350.5 354
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 183 184.80
Bahrain Dinar BHD 739 747.8
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.89
Danish Krone DKK 40.53 40.65
Hong Kong Dollar HKD 35.65 36.31
Indian Rupee INR 3.34 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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