Fasting in the stock market of Pakistan, the 100-index crossed the level of 39 thousand points
KARACHI: Pakistan stock market recorded a sharp uptrend, and the 100-index crossed 39,19 points.
According to details, on the first day of the business week, the Pakistan Stock Exchange have a positive start, which restored the confidence of the investors. At the beginning of the day, the 100-index saw an increase of 650 points.
After that the 100 index recorded an increase of 1035 points and the index crossed 39,19 points.
on the other hand, Chinese stock markets, also recorded a sharp rise, Hong Kong stock market recorded 196 points, Korean stock market 19 points and Japanese stock market surged 230 points.
Remember, the 100 index of Pakistan Stock Exchange recorded 2265 points decrease last week, which led to the 100 index not maintaining the level of 38 thousand and the 100 index closed at 37983 level.
In a week, 86 crore shares worth Rs 37 billion were traded and market capitalization was reduced by Rs 436 billion to Rs 7094 billion while trades of 86 crore shares were traded in the business week.