The inventory market reached its highest degree this 12 months, with the greenback appreciating

KARACHI: The inventory alternate ended sharply on the second day of the enterprise week because the greenback continued to understand.

Based on ARY Information, the inventory market reached its highest degree this 12 months, four-and-a-half years later, the 100 Index crossed the 48,000 degree.

The 100 index on the inventory alternate gained 258 factors after which the 100 index closed at 48191.

1.39 billion shares price Rs. 30.48 billion had been traded within the inventory market immediately. Market capitalization elevated by Rs. 48 billion to Rs. 8316 billion.

Alternatively, the greenback appreciated by 14 paise within the interbank market, based on the SBP.

Within the open market, the greenback rose by 20 paise to Rs 155.30.

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