Stock Market’s Positive Start, Dollar Price Falls in Pakistan
The stock market’s positive start dollar price falls as trading begins on a strong note in Pakistan. The Pakistan Stock Exchange shows stability, while the dollar loses value in the exchange market.
On the third day of the business week, the stock market opens with a clear upward trend. The benchmark 100 Index rises by 376 points in the first session. It reaches 171,450 points.
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The market continues the positive momentum seen a day earlier. On Tuesday, the index touched a record high during trading. However, it closed slightly lower by the end of the session.
Meanwhile, the US dollar continues to decline. In the interbank market, the dollar drops by another 4 paisas. It trades at Rs 280.17.
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The fall in the dollar strengthens the Pakistani rupee. Market experts link this trend to improved sentiment and steady trading conditions.
Overall, the stock market’s positive start dollar price falls reflect growing confidence in the financial markets and better currency stability.