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Home Business

KSE-100 Index Rises Due to Positive Sentiment

by News Publishing
September 4, 2023
in Business
Reading Time: 1 min read
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KSE-100 Index Rises Due to Positive Sentiment
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Sentiment aided the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining almost 400 points during intraday trading on Monday.

At 11:30 a.m., the benchmark index was at 45,677.03, up 364.38 points or 0.8%.

During the preceding week, the market remained under significant pressure and saw a precipitous decrease due to heavy selling on concerns about the rupee’s depreciation and potential interest rate hikes.

The benchmark KSE-100 index fell by 2,358.56 points week on week to conclude at 45,312.66 points.

Sentiment aided the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 gaining almost 400 points during intraday trading on Monday.

At 11:30 a.m., the benchmark index was at 45,677.03, up 364.38 points or 0.8%.

During the preceding week, the market remained under significant pressure and saw a precipitous decrease due to heavy selling on concerns about the rupee’s depreciation and potential interest rate hikes.

The benchmark KSE-100 index fell by 2,358.56 points week on week to conclude at 45,312.66 points.

Tags: KSElatestPSX
News Publishing

News Publishing

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