Upward momentum continues as PSX crossed 66,000 milestone

by index360

KARACHI: The benchmark index of the Pakistan Stock Exchange (PSX) maintained its upward momentum on Friday and crossed the 66,000 milestone, buoyed by declining oil prices and foreign buying.

According to the PSX website, the KSE-100 index closed at 66,223.63, up by 1,505.56 points, or 2.33 per cent, from the previous close of 64,718.07.

A day earlier, the shares market crossed the 64,000 level in what was the sixth consecutive day-on-day gain even though the benchmark of representative shares exhibited some volatility.

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