Jump to content

Geo News Blog

  • entries
    149,373
  • comments
    28
  • views
    205,543

waqas dar

166 views

l_150231_102142_updates.jpg
150231_8050887_updates.jpgPhoto: File

KARACHI: The KSE-100 index increased by 600 to reach the 46,000-points level at opening of trade on Thursday.

During the first half of trading on Wednesday, the US Dollar's value fell by 9 paisas in the interbank market.

The unexpected decline in the USD's value from Rs105.39 to Rs105.30 during early trading hours was followed by a 126-points increase in the KSE-100 index, which crossed the 45,762 points level during trading hours.

A special implementation bench, headed by Justice Ejaz Afzal Khan and comprising Justice Sheikh Azmat Saeed and Justice Ijazul Ahsan, began hearing the Panama Papers case early Thursday. The Pakistan Stock Exchange (PSX) is expected to react to the socio-political situation as the hearing proceeds.

Earlier on July 11, the PSX reacted negatively to Monday?s damning report against the prime minister and his family by the Panama case Joint Investigation Team to drop by over 2,153 points to reach 44,120 points on Tuesday.

Investors took a cumulative hit of Rs425 billion, informed sources, adding that share value of as many as 305 companies fell. 


0 Comments


Recommended Comments

There are no comments to display.

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...