PSX

With 502 points' jump benchmark index KSE-100 closed above 45,000 points A level it hasn't achieved in three years

A secretary of the PIA has written a letter to the PSX, detailing some of the restructuring plans under SAPM Dr Ishrat Hussain's guidelines.

Lauding the government's effective economic policies, Advisor to Prime Minister on Finance Abdul Hafeez Sheikh said that the trading volume of Pakistan Stock Exchange (PSX) crossed the 1 billion shares mark tree times during the past seven days.

The weekly performance of the benchmark KSE-100 index of PSX remained positive as the trade concluded on 42,023 points.

The company in its letter to PSX, expressed its fear that a temporary shutdown was imminent due to damage the intra-city pipelines conceded due to heavy rains in the metropolitan.

MPA Sadia Taimoor moved the resolution

The public sector entity owned by the Ministry of Energy issued Sukuk worth Rs200 billion through PSX to address liquidity constraints being faced by the power sector.

The benchmark index closed at 33,916 points.

The 100-Index was closed at the level of 32,806 points during the trading week which begun on Monday and ended on Friday.

Trading was halted at the PSX after the benchmark KSE-100 index soared almost 1,500 points ( 5 percent).