The Pakistan Stock Exchange (PSX) is experiencing a bullish trend today, with the benchmark KSE-100 index climbing 722 points, reaching 112,210. Earlier in the session, the index touched a high of 112,539 points, reflecting strong investor confidence.

At the end of the previous trading day, the KSE-100 index closed at 111,487 points. The ongoing surge highlights renewed optimism in the market, supported by positive economic indicators and investor interest.

Interbank Dollar Rate Updates

In the foreign exchange market, the US dollar appreciated by 13 paisa in interbank trading, bringing its value to Rs. 279. On the previous trading day, the dollar closed at Rs. 278.87. The slight increase in the exchange rate suggests fluctuations in demand and supply within the banking sector.

Market Outlook

While today’s stock market gains reflect a positive sentiment, recent sessions have witnessed volatility, including a sharp 1,475-point drop earlier this week. Investors remain watchful of economic policies, global market trends, and currency fluctuations as they navigate the evolving financial landscape.