Russia, Ukraine war shakes Pakistan Stock Market
Following Russia's continued assault on Ukraine, the Pakistan Stock Exchange (PSX) saw a negative opening as it opened with a loss of 312 points down and 100-points index reached 43,671, reported 24NewsHD TV channel.
The troubled start at the PSX at the opening time of the first trading day could persist later the day, however, on Friday, the benchmark index of the Pakistan Stock Exchange stayed in the positive territory for the most part of the trading session.
On the other hand, the UD dollar on Monday gained 39 paisas against the Pakistani rupee and reached Rs177.50 from Rs177.11.
The previous close of the US dollar was Rs177.11.
Interbank closing #ExchangeRate for today:https://t.co/5UGMWUEqwG pic.twitter.com/lUVb3ezzE7
— SBP (@StateBank_Pak) February 25, 2022
Reporter Ashraf Khan