ISLAMABAD: On the final trading day of the week, the Pakistan Stock Exchange (PSX) maintained stability, while the value of the US dollar declined further, leading to a stronger Pakistani rupee.
On Friday, the stock market opened on a positive note, with the KSE-100 Index gaining 242 points soon after the session began, reaching 168,817 points.
In the previous session, the market had shown strong bullish momentum early on but eventually slipped into negative territory by the close of trading.
Meanwhile, the US dollar continued its downward trend. According to the Exchange Companies Association, the dollar depreciated by 5 paisas in the interbank market, bringing its value to PKR 280.30.
