{"id":33214,"date":"2024-04-17T09:49:55","date_gmt":"2024-04-17T04:49:55","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=33214"},"modified":"2024-04-17T09:49:55","modified_gmt":"2024-04-17T04:49:55","slug":"psx-up-three-days-in-row-opens-at-70483-66-points","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/psx-up-three-days-in-row-opens-at-70483-66-points\/","title":{"rendered":"PSX up three days in row, opens at 70,483.66 points"},"content":{"rendered":"<p>KARACHI: Pakistan Stock Exchange (PSX) opens at 70,483.66 points on Wednesday, after posting notable rallies for the past two days.<\/p>\n<p>The benchmark KSE-100 index broke beyond the psychological barrier of 71,000 points yesterday (Tuesday), then slightly declined to settle above the opening level of 70,544.58 points.<\/p>\n<p><em><strong>Read More:\u00a0<a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/psx-skyrockets-to-new-record-high-crosses-70000-points\/\">PSX skyrockets to new record high, crosses 70,000 points<\/a><\/strong><\/em><\/p>\n<p>The KSE-100 index previously broke beyond the 70,000-point barrier for the first time on April 9 with a gain of 694 points. It had made an incredible jump of 1,203 points and reached a new high of 69,426 points just the day before.<\/p>\n<p>Despite swings in the economy, the stock market&#8217;s continuous expansion is a sign of steady investor trust in the exchange. The Prime Minister&#8217;s discussions with Saudi Arabian delegations, which alluded to FDI inflows, the Finance Minister&#8217;s visit to the US for a second International Monetary Fund (IMF) program, and the strengthening of the Rupee versus the US dollar are some of the encouraging developments.<\/p>\n<div id=\"post_content\" class=\"has-drop-cap-fluid\">\n<div id=\"post_content\" class=\"has-drop-cap-fluid\">\n<p>On the flipside, the continued inflationary pressures along with rising petroleum and energy costs are also keeping a downward pull on the investment climate in the country.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: Pakistan Stock Exchange (PSX) opens at 70,483.66 points on Wednesday, after posting notable rallies for the past two days. The benchmark KSE-100 index broke beyond the psychological barrier of 71,000 points yesterday (Tuesday), then slightly declined to settle above the opening level of 70,544.58 points. Read More:\u00a0PSX skyrockets to new record high, crosses 70,000 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":32525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9,2],"tags":[3461,11560,11559,15185,13572],"class_list":["post-33214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-news","category-pakistan","tag-psx","tag-benchmark-kse-100-index","tag-pakistan-stock-exchange-psx","tag-psx-up-three-days-in-row","tag-psx-100-index"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/33214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=33214"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/33214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/32525"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=33214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=33214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=33214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}