Pakistan stock market rises, dollar falls
Web Desk October 26, 2020
Karachi: The Pakistan stock market saw an increase of 190 points in the 100 index after which the index crossed the limit of 41,400 points.
According to the details, on Monday, the first day of the business week, the Pakistan Stock Exchange witnessed a rise, the 100 Index increased by 190 points after which the index reached the level of 41,456 points.
On the first day of the business week, the dollar depreciated by 7 paise in the interbank market, after which the dollar fell from 161.37 paise to 161.30 paise in the interbank market.
The situation in Asian stock markets
On the other hand, Asian stock markets are under pressure, Japan’s Nikkei index fell 10 points, while Hong Kong’s Hang Seng index rose 132 points.
The Shanghai Composite Index is also down 21 points.
Oil and gold prices
US crude traded below 40 40 a barrel on the world market, while Brent crude traded at ڈالر 41.13 cents a barrel.
Gold is trading at 18 1,898.81 per ounce in the global market.