Bullish trend at PSX despite coronavirus fears
Despite the rapid increase in the coronavirus cases in the country, the bullish trend was witnessed at Pakistan Stock Exchange (PSX) on Monday as 100 Index after an increase by 976 points closed at 45,682, reported 24NewsHD TV channel.
In the interbank, however, the price of a dollar went up by 26 paisa to cross Rs154 mark. 40 crore 90 lakh shares of worth Rs23.97 billion were traded on Monday.
Following an increase in shares’ prices, market capitalization, after a jump by Rs142 billion, reached Rs7. 931 billion.
On the other hand, gold’s price at the international market went up by $3 to reach 1,780 dollar per Ounce.