PSX: Interest rates fall on rumours, 100 index is back on track


PSX: Interest rates fall on rumours, 100 index is back on track

The Hundred Index, which fell yesterday on interest rate rumours, was on the way back today on low trading volume.

The Pakistan Stock Exchange (PSX) 100 index closed down 2500 points on rumors of an interest rate hike ahead of the February 13 monetary policy statement.

Indices reacted today to the decision to keep interest rates on hold. The index closed at 169 thousand 392 with an increase of 1400 points.

In the stock market today, deals of 37 crore shares were settled at 17 billion rupees. This is the market’s lowest trading volume since April 7.

Thus, the market capitalization has increased by 128 billion rupees to 18 thousand 856 billion rupees.



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