KARACHI: The Pakistan Stock Exchange (PSX) continued to witness a robust upward trend on the second day of the trading week, while the Pakistani rupee strengthened against the US dollar.
On Tuesday, the stock market opened on a positive note, with the KSE-100 index surging by 480 points to trade at 162,464 points. By comparison, the index had closed at 161,984 points at the end of the previous trading session, reflecting a steady upward momentum in the market.
Meanwhile, the US dollar continued to experience fluctuations in its exchange rate. According to the Exchange Companies Association, following a decrease of one paisa in the interbank market, the dollar’s value declined to Rs 280.60, marking a minor but notable strengthening of the local currency.
