The Pakistan Stock Exchange (PSX) suffered severe declines on the second day of the business week. PSX fell more than 2,400 points, and the PSX 100 Index failed to maintain the 96,000 mark.
The Pakistan Stock Exchange continues to experience fluctuations during trading, on Tuesday. The stock exchange started trading negatively, but the index saw a huge upswing after some time.
The 100 index rose by 1,739 points during trading, which took the index to a new high of 99,819. A sudden market fluctuation during trading caused the 100 index to drop by over 2,400 points.
Thus, the 100 index could not even maintain the 96,000 mark and fell to 95,600. It should be noted that the index closed at more than 98,000 points at the end of trading yesterday.
Furthermore, the updated rate of the US Dollar in Pakistan is PKR 277.65 on 26 Nov 2024. The State Bank rate, also called the interbank rate is PKR 277.65. The US dollar rate in Pakistan today’s open market is PKR 277.30 in Pakistan’s trading money market.
The gold rate in Lahore is Rs. 285,500 per tola for 24K gold, according to the Lahore Jewelers Association on 26 November. The current gold rate today in Lahore is PKR 261,776 per tola for 22 carats.