The record-setting 100 index crossed all levels in the stock exchange

by times news cr

2024-05-13 20:12:21

(Ayaz Rana) The government’s efforts for economic stability began to bear fruit, the 100 index set a new record in the stock exchange, and the psychological limit of 74,000 was also crossed.

According to the details, the stock market continued to rise on the first day of the business week, at the beginning of the day, investors showed interest in buying shares and this trend continued throughout the day with fluctuations and at the end of the day, the 100 index was 74 thousand 144. Stock market broker Shahryar Butt says that the arrival of the IMF team and the prospect of receiving a new $5 billion package has been positively received by investors, the reason for the decline in inflation. The stock market has also accelerated.
At the end of the day, the 100 index rose by 713 points to close at a new high of 73,799. Today, 72 crore shares of 385 companies were traded with a value of more than 25 billion.
On the other hand, the depreciation of the rupee continued, the dollar became more expensive by 8 paise in the interbank market, after which the dollar closed at 278 rupees 20 paise, last business day the dollar closed at 278 rupees 12 paise in the interbank On the other hand, the dollar has become expensive by 35 paisa in the open market, after which the dollar is 279 rupees 52 paisa.

Also read: Students need buses, if you want them, give them electric motorcycles, Justice Shahid Karim


2024-05-13 20:12:21

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