Despite the ups and downs in the Pakistan stock market, the investors have benefited more than 50 billion rupees due to the strong boom.
The stock market opened on a positive note, with the 100 index registering a gain of 280 points around 10 am which closed at 558 points by 12 noon.
At one point the index rose by more than 600 points but could not sustain this level at the close of business, during which bearishness settled down.
At the close of business, the Pakistan Stock Market recorded a gain of 375.52 points and the index closed at the level of 41340.06 points, while an improvement of 0.92% was seen in the business.
During the business, 9 crore 54 lakh 14 thousand 355 shares were transacted due to which the investors benefited more than 50 billion rupees.
According to economists, there are several reasons why the stock market is going up, a decrease in political instability, a new budget coming up and speculation that every company with good cash will be taxed or paid dividends. Yes, there are talks about giving incentives regarding the budget, there is a boom in the stock market, the prices of coal in the global market have come down a lot, cement exports have increased, so the cement sector is booming. are watching