PSE makes new record, 100 index crosses 55500 points level first time in history

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KARACHI
The positive economic policies of the monitoring government, the first successful review of the loan program with the IMF, the gradual increase in the value of the rupee due to the continuous decline in the value of the dollar.
Pakistan Stock Exchange (PSE) made a new record in the country’s history during the month of November on expectations that the date of the general elections will be revealed in the country and the newly elected government will focus on economic recovery after the election.
100 index crossed the level of 55500 points for the first time. The market capital increased by more than 2 trillion 76 billion rupees during a week, due to which the total volume of capital increased from 76 trillion rupees to 79 trillion rupees, while 58.84% share prices also increased. increased.
During the 4-day limited business week, 3 days were fast, during which the index increased by 2392.97 points, while the index lost 124.64 points due to 1 day’s decline.
In terms of business, Sunar Jakopak, Pak Refinery, Pak International Bulk, Haskol Petrol, Hum Network, World Call Telecom, Koh Noor Spinning, The Spiral Company, Maple Leaf, DGK Cement, Hum Network, Fuji Cement, K Electric Limited, Oil and Gas Development, Hub Power Company and Meezan Bank were on top.
In the Pakistan Stock Market, last week’s SE100 index recorded an increase of 2268.33 points, which increased from 53123.04 points to the highest level of 55391.37 points, while KSE100 index increased by 762.45 points from 17803.91 points to 18566.36 points. KSE all Shares Index closed at 36,794.78 points, up from 35,434.61 points.
Due to business boom, an increase of 2 trillion 76 billion 85 crore 45 lakh 65 thousand 335 rupees was recorded in the market capital during one week, as a result of which the total volume of capital increased from 76 trillion 76 billion 57 crore 48 lakh 90 thousand 210 rupees to 79 trillion 53 billion 42 crore 94 lakh 55 thousand 545 rupees.
During trading in Pakistan Stock Market last week, 100 index touched a new high of 55506.33 points at one point, but due to bearish wave, the index was also seen trading at a low level of 53166.86 points.
In the Pakistan Stock Market last week, a maximum of 64 crore 8 lakh 36 thousand shares worth 21 billion rupees were traded while a minimum of 54 crore 65 lakh 47 thousand shares worth 17 billion rupees were traded.
A total of 1487 companies were traded in the Pakistan Stock Market last week, out of which 875 companies’ share prices increased, 538 companies decreased and 74 companies’ share prices remained stable.