The Pakistan Stock Exchange is again experiencing a strong bullish trend today, with the index crossing the 110,000-point mark.
The market opened with a record rally of 1,000 points on the second day of the business week, resulting in the KSE 100 index crossing a new historic level of 111,000 points.
The PSX 100 index has touched the highest levels in the past several weeks and several new records have been set during this time.
The Pakistan Stock Exchange index achieved a new high of 109,500 points yesterday, driven by factors such as positive economic indicators, a substantial reduction in interest rates under the new monetary policy, improved inflows, and the ongoing implementation of the reform program, reflecting a strong trajectory for the economy.
The KSE 100 index had closed at a new high of 109,970.38 points with a sharp increase by the end of trading on Monday.
On the other hand, the updated rate of US Dollar in Pakistan is PKR 277.90 on 10 December 2024. The State Bank rate, also called the interbank rate is PKR 277.90.
The US dollar rate in Pakistan today’s open market is PKR 277.50 in Pakistan’s trading money market.
The gold rate in Lahore is Rs. 282,500 per tola for 24K gold, according to the Lahore Jewelers Association on 10 December. The current gold rate today in Lahore is PKR 259,025 per tola for 22 carats.
