
By S.M. Inam
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a positive trend on the fourth day of the trading week, with the benchmark 100-Index gaining 2,396 points to reach 158,173 during intraday trading.
The index touched a low of 156,250 points and a high of 158,173 points during the session. On the previous day, the 100-Index had closed at 155,777 points.
Positive momentum was also observed in Asian markets. Japan’s Nikkei index rose by 2%, South Korea’s KOSPI increased by 9.5%, Indonesia’s IDX gained 2%, and Thailand’s SET index climbed 3%.
In the interbank market, the US dollar eased by 1 paisa, trading at Rs279.41.
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