The stock market’s psychological threshold of 33 thousand points has been restored.
KARACHI (06 October 2019) The stock market has risen 281 points in the last 100 trading days, after which the stock market’s psychological threshold of 33 thousand points has been restored. According to details, the stock market recorded a steadily upward trend during the week, trading 8 points on the first day of the week, 175.47 points on the second day, 109.03 points on the third day, 389 points on the fourth day and 100 index of the stock market on the last day. ۔
The psychological threshold of 33 thousand has been restored due to the continuation of the fast. In just two days, 7 boundaries were restored, while in six successive sessions, the stock market index of the Pakistan Stock Exchange increased by 1600 points. The Pakistani stock market was gaining momentum in the last week, after several weeks the stock market rose 5 points with the dominant trend of the stock market rising 900 points and the index managed to cross the psychological threshold of 33 thousand points.
The total market capitalization of the market surpassed Rs. 65 trillion due to the increase of Rs. Although the stock market index increased by only 8 points on the first day of the last week, due to the closing of the quarter of the listed companies, accountability is reported in most of the sectors and market but there is a sharp rise in the days to come. The trend has pushed the index to a higher level, with sector-wide procurement activities including the cement sector.
After meeting with the Army Chief of businessmen and industrialists hoping for solutions, taxisation and other issues, the talks were hosted by Pakistan, hosted by US girls and reported by 9 Dutch companies investing in Pakistan. The weekly report said that Pakistan The stock market recorded a significant increase of 962.51 points in last week’s SE100 index, which increased the index from 32070.81 points to 33033.32 points as well as an increase of 494.95 points to KSE30 index from 14998.07 points to 15493.02 points. E-Shares Index 23 points higher than 23430.12 points 972.47 points.