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Home Business

PSX in an early rally over FATF’s decision

by News Publishing
October 24, 2022
in Business
Reading Time: 1 min read
0
PSX in an early rally over FATF’s decision
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As a result of the optimism surrounding the economy following Pakistan’s removal from the FATF’s “grey list,” the Pakistan Stock Exchange (PSX) experienced a bullish trend on Monday, gaining 356.45 points, which caused the index to rise to 42,474.72 points from 42,213.48 points on the previous working day.

On Monday morning, the KSE-100 index started at 42,569.93 points.

The index did, however, reach a high of 42,569.93 points thanks to an early gain of about 356.45 points.

Power Generation and Distribution saw the largest change of 1.88%, rising to 55.29 points, making it the most active stock thus far in terms of its impact on the performance of the index.

However, with an increase of 4.61%, Worldcall Telecom Limited is the volume leader.

Tags: FATF’s decisiongrey listKSE-100 indexlatestPakistan Stock Exchange
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