Pakistan Share Market has seen a tremendous rise in the last one month.
In the Asia Cup, Pakistan played Khinaf 3 matches and had to face defeat in the match. The special thing is that the matches that happened with other teams also. The victory of the Pakistan cricket team was not any special consultation in them. But Pakistan is constantly setting records on a front. From where he has earned about 2 lakh crore rupees in Pakistani rupees. In fact, the major index of Pakistan stock market is trading at KSE 100 record level. Pakistan’s exchange is seen breaking some record every day.
On Monday too, KSE 100 crossed the level of not only 1.50 lakh marks. Rather, crossing the level of 1.63 lakhs, the new record reached high. According to the Pakistani media report, the kind of Pakistani government is being dealt with America and UAE. The Pakistani stock market seems to benefit from it. After August 28, it has taken a jump of more than 10 percent in a month. Let us also tell you that after all, we look at the figures of Pakistan’s stock market.
KSE 100 at Record Level
Karachi Stock Exchange appeared at 100 record level on Monday. According to the Investing.com data, the KSE reached the record level with a gain of 1,093.18 points during the 100 trading session with 163,350.20 points. The special thing is that KSE 100 is seeing fast on 5th consecutive day. This means that there has been an increase of 5,795.54 marks in five days. This means that KSE 100 has seen a increase of 3.68 percent during this period. By the way, Karachi Stock Exchange was opened at 162,944.06 points this morning. According to experts, Pakistan’s stock market may continue to rise in the coming days.
11 percent jump in a month
The special thing is that Pakistan’s stock market has seen a rise of about 11 percent since August 28. On August 28, when the Karachi Stock Exchange was closed, the figure was seen at 147,343.52 points. Since then, a jump of 16,006.68 points has been seen in KSE 100. This means that Karachi has given a return of about 11 percent to the stock exchange investors. If we talk about the current year, then KSE 100 has seen a rise of more than 90 percent. That is, Pakistan stock exchange investors have almost doubled money.
How did you earn 2 lakh crores?
Due to this boom, the market cap of Karachi Stock Exchange has also earned a lot of money. Looking at the data, on August 28, the market cap of Karachi Stock Exchange was $ 63.99 billion. Which has reached $ 70.91 billion during the trading session on 29 September. This means that the KSE market cap has seen an increase of $ 6.92 billion. If it is converted to Pakistani rupees, then about 2 lakh crore rupees are sitting. This means that investors have benefited from 2 lakh crore Pakistani rupees.