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BUSINESS

PSX Opened With Bullish Trend, Index Couldn't Sustain Later

A mix trend was witnessed in Pakistan Stock Exchange in Wednesday's trade.

Pakistan Stock Exchange opened with a strong bullish trend today, with the benchmark KSE-100 index crossing the historic milestone of 67,000 mark.

The KSE-100 index rose 667.18 points to hit a high of 67,093.96 points in the morning trade.

However, the index could not sustain its level and retreated to 66,507.17 points.

The index closed at 66,426.78 points after an increase of 414 points or 0.63 percent.

Meanwhile, dollar also depreciated against rupee by 60 paisas and currently trading at 283 rupees and 19 paisas in the Interbank Market.