KSE-100 index experiences bullish trend with over 130 points loss in intraday trading
The KSE-100 index of the Pakistan Stock Exchange saw a bullish trend on Friday, losing over 130 points in intraday trading.
At 12am, the KSE-100 index lost 130.15 points, trading at 113,609, according to the PSX website.
The PSX website reported that the highest point was 114,444.01 and the lowest was 113,432.84 during trading.
Lucky Cement announced a stock split to be the ratio of five shares for every one share held. and increased share liquidity on Friday.
The KSE 100 index closed at 113,739.16 on Thursday, reflecting a gain of 0.35%.
On February 19, the KSE-100 index surged 941 points intraday before settling at 113,342 points, marking a 253-point gain (0.22 per cent) by the end of the session.
The rupee demonstrated stability against the US dollar in the inter-bank market on Thursday. It closed at Rs279.46, marking a slight gain of Re0.01 compared to the previous day’s closing of 279.47.
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