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Historical rise in Pakistan stock market, KSE-100 index jumps over 1,450 points

A return of political clarity in the country boosted confidence at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index

KSE-100 indexHistorical rise in Pakistan stock market | OyeYeah News
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Historical rise in Pakistan stock market, KSE-100 index jumps over 1,450 points!

Pakistan Stock Exchange (PSX) as the benchmark KSE-100 Index recorded a jump of over 1,450 points and was trading well above the 45,900 level in the opening minutes of the trading session on Monday.

It’s a new record for one day increase, as today it saw an increase by 1700 points earlier, on June 5, 2017, there was an increase of 1566 points.

The KSE-100 Index was being traded at 45,902.88 points, registering a gain of 1450.20 points or a percentage change of 3.26% at the beginning of the trade.

The return of political certainty in the country has led to this development.

Last week, the benchmark KSE-100 plunged by 707.53 points on a week-on-week basis and closed at 44,444.58 points.

PSX Midday Summary

KSE100 – 45,932.51 +1,487.93 (+3.35%)

Top Contributor to KSE 100 – Commercial Banks (+513.30 pts)

Market Volume – 364.84 mn

Volume Leader – $WTL (+20.81%)

Highest Change – Refinery (+10.14%)

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.