It is a new record that Pakistan Stock Exchange witnessed an increase of 2135 points after a decade - Firdous Ashiq Awan

[Bilal Raza]

Firdous expressed her optimism over the recent bullish trend in the stock market.

ISLAMABAD (Dunya News) – Special Assistant to Prime Minister on Information and Broadcasting Firdous Ashiq Awan has said the day is not far when the country’s economy will be strong and people will prosperous.

In a tweet on Friday, Firdous expressed her optimism over the recent bullish trend in the stock market. She said it is a new record that Pakistan Stock Exchange witnessed an increase of 2135 points after a decade.

Earlier, Pakistani rupee ticked higher by 50 paisa to 153.50 against the US dollar in the open market after four days of continuous devaluation.

The US dollar stood at Rs151.60 in the interbank market after a decrease of 32 paisa.

The devaluation is observed days after the Prime Minister’s Adviser on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Sheikh announced to have finalised a three-year bailout with the International Monetary Fund (IMF) for $6 billion.

PSX benchmark KSE-100 index, in anticipation of a market support fund, had also gained 1,195 points on Wednesday to close at 34,637 points.

Source

 

[pakistankamaltabkia_]

Is it a new record? If yes then where are all pmln pundits?

 

[pakistankamaltabkia_]

Not really .... check history:= https://www.bloomberg.com/quote/KSE100:IND

 

[pakistankamaltabkia_]

Imran Khan pls assign information minister who verify things before posting and don’t embarrass you ..... is she different than the bhagora potato before him? Aik tu cm Punjab buzzard hai ..... dude IK what is your goal? To hire idiots in your cabinet to make yourself look good?

 

[Pathfinder]

hmmn, when stock markets crash which will be happening globally and it will be done by the yanks to cripple economies. What will you say then? anyway enjoy the hype for now.

 

[Will_Bite]

Not really .... check history:= https://www.bloomberg.com/quote/KSE100:IND

What are we looking for here?

 

[Will_Bite]

hmmn, when stock markets crash which will be happening globally and it will be done by the yanks to cripple economies. What will you say then? anyway enjoy the hype for now.

Noones enjoying the hype. Most PTI followers know that a high index is not indicative of a good economy, and vice versa. Its PMLN, read mhafeez and Raja, who post sob stories whenever market goes down by 500 points, counting the billions that have been supposedly lost that day.

 

[pakistankamaltabkia_]

What are we looking for here?

Wow r u as dumb as your question? Go look at the chart ? The index rose higher in time of pmln ..... point is pti used to criticize ppp and pti for placing idiots in ministry ???? What about pti placing illiterate in their own ministry????? Dude we should not be blind followers of anyone???? Wow .....

 

[Will_Bite]

Wow r u as dumb as your question? Go look at the chart ? The index rose higher in time of pmln ..... point is pti used to criticize ppp and pti for placing idiots in ministry ???? What about pti placing illiterate in their own ministry????? Dude we should not be blind followers of anyone???? Wow .....

Guess you didnt bother to read her comment in full, or just dont care. She meant, largest increase in a span of 2 days. I dont know whether its correct or not , but I reckon it would be pretty close to being true.
And in any case, it means diddly squat