PSX 100-index crosses 50,000 barrier once again

KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) on Monday has earned 477 points during intra-day trading session and has breached 50,000 point-level mark once again as investors continue to benefit from post-Panama bullish momentum.

100-index witnessed 0.96pc change in volume.

It should be recalled that bearish trend was witnessed during the tenure when much awaited verdict in country’s most anticipated Panama Leaks Case against the ruling Sharif family. The benchmark 100-index gained mammoth 1869 points on 20th April-2017, the day when Supreme Court did not oust country’s premier in Panama Leaks Case, but then finally closed after induction of 1140 points.

This is a developing story and will be updated accordingly.