KARACHI: Pakistan Railways on Monday clarified that the discount on all train fares that came into effect from July 15 will end on August 16.
In a statement, the spokesperson said that Pakistan Railways had announced a 10 per cent discount on train fares from July 15 that will end at midnight of August 16.
It is pertinent to mention here that Minister for Railways and Aviation Khawaja Saad Rafique had announced 10 per cent cut in fares for the passengers travelling in the economy class of main express trains for a period of one month.
The minister had announced a cut in train fares following a reduction in petroleum prices products.
Read more: PSX crosses 43000 points barrier on IMF tranche prospects
On the other hand, the Pakistan Stock Exchange (PSX) continued its positive momentum on the back of the International Monetary Fund’s (IMF) letter of intent and other expected inflows as KSE-100 gained 764 points in the day’s trading.
The market staged a rally, adding over 700 points to the benchmark KSE-100 index. It extended the bull run from the previous week and tossed the index above 43,000 points.
