Market watch: PSX remains bullish, 100-index crosses 33000 level

Kashif Rafiq

Prime Minister (20k+ posts)
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پاکستان سٹاک ایکسچینج میں کاروباری ہفتے کے مسلسل پانچویں روز بھی زبردست تیزی دیکھنے کو ملی۔۔ جمعہ کے دن سٹاک ایکسچینج میں 281 پوائنٹس کا اضافہ ہوا اور اسٹاک ایکسچینج نے 33 ہزار کی نفسیاتی حد عبور کرلی

Karachi: Pakistan Stock Exchange (PSX) on Friday managed to retain bullish momentum as benchmark 100-index added another 281 points to cross 33,000 points-level, GNN reported.

As per details garnered, the benchmark 100-index settled at 33,033 points at the end of last business day of the week.
The market remained bullish after United Arab Emirates (UAE) Hamad Obaid Ibrahim Salem Al-Zaabi confirmed report that the Gulf state was going to invest mammoth USD 5 billion in Pakistan’s oil refinery.


Cement sector—supported by report in rise of demand in the first quarter of ongoing fiscal year—remained key contributor. Banking sector, oil chain, and marketing companies.

Trading volumes stood at 144 million shares while traded value swelled 21% to $64 million.

 

islamabadi

Minister (2k+ posts)
33,000 p pohonchney p mubarak baden dekho zara.....abhey khotay ki aulaad.....it reached 53,000 in previous government time. It is 38% LOWER tahn the peak achieved in previous government. Jub 63,000 p aegi tubh yahan aakar naachna.......hum bhi naachengey
 

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