No Result
View All Result
Monday, July 28, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    File Photo

    Alizeh Shah claims she is receiving death threats from fellow actress

    (Image: cinebuster.in)

    Who is Ruchi Gujjar and what did she do?

    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

    Gen V

    Gen V returns: What shocking truths are unveiled in the season 2 trailer?

    Image: Dunya News

    Does Dua Zahra love Babar Azam? The actress shares what’s in her heart

    image: Screengrab

    What is controversial about Benazir Bhutto in Indian film Dhurandhar that angers Pakistanis?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    File Photo

    Alizeh Shah claims she is receiving death threats from fellow actress

    (Image: cinebuster.in)

    Who is Ruchi Gujjar and what did she do?

    Chal Mera Putt 4

    Trailer released for Chal Mera Putt 4 featuring Pakistani stars

    Gen V

    Gen V returns: What shocking truths are unveiled in the season 2 trailer?

    Image: Dunya News

    Does Dua Zahra love Babar Azam? The actress shares what’s in her heart

    image: Screengrab

    What is controversial about Benazir Bhutto in Indian film Dhurandhar that angers Pakistanis?

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Thought Box
  • Showbiz
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

PSX makes healthy gain as KSE 100 index increases by 537 pts

MM News Staff by MM News Staff
March 20, 2020
KARACHI: After a week of losses and market meltdown, the Pakistan Stock Exchange (PSX) on Friday witnessed a healthy gain of over 500 points in intra-day trading.
The benchmark KSE 100 index witnessed an upward trajectory posting an increase of 537.58 points (1.78%) and closed at 30,667.41 points. The bourse dropped below the 30,000 level but later regained before trading was suspended. The total volume of scripts also increased to 203.89 million valued at Rs7.99 billion.
Meanwhile, the lower bench KSE 30 index also witnessed a gain of 327.39 points (2.48%) and closed at 13,537.03 points. The total volume of shares was 108.89 million. The lower bench has received a battering for the last two consecutive day forcing trading to be halted at the stock market. On Thursday, the lower bench saw a staggering decline of 7.2 percent and dropped below the 12,300 level.
The stock market has been a freefall for the week.  The benchmark KSE 100 index lost over 2375 points on Monday, following by a 1067 points decline the next day. On Wednesday, the stock market declined by 2200 points. The losses narrowed on Thursday as the stock market rebounded but still saw a decline of 282 points.  This implies that the stock market has lost a staggering 5924 points within this week.
The government is considering an economic emergency bailout package within a week to address the short-to-medium term liquidity crunch to various sectors of the economy. The proposal for the bailout package includes a further cut in the key interest rate of the State Bank of Pakistan. Earlier this week, the central bank reduced rates by 75 basis points to 12.5 percent which was below market expectations.
The estimate of the economic losses will be presented to the National Security Council (NSC), which includes civil and military leadership, during its meeting next week to make a final decision. The measures would be taken to safeguard the economy against the spread of coronavirus.
Tags: kse 30 indexKSE-100 IndexPSXstockStock Market
ShareTweetSendShare
Previous Post

PTCL closes down sales, service centers, joint shops

Next Post

Muneer Ahmed Khuhro distributes masks, sanitizers in Sukkur

Related Stories

Screen grab
Uncategorized

Viral video sparks outrage as Karachi traffic police ‘fine’ cyclist

July 26, 2025
Imran Khan during court appearance: Fie photo
Uncategorized

Imran Khan moves SC after bail rejection in May 9 cases

July 26, 2025
File
Uncategorized

Buildings constructed on nullahs to be sealed in THIS Pakistan city

July 25, 2025
c
Top News

Safar moon 2025 not sighted across Pakistan

July 25, 2025
Uncategorized

Four young sisters drown in creek in Balochistan’s Loralai

July 25, 2025
Prime Minister Shehbaz Sharif (right) meets Dr Fouzia Siddiqui, sister of Dr Aafia Siddiqui, at the PM Office in Islamabad, on July 25, 2025. — APP
Top News

PM Sharif assures all possible support in Dr Aafia Siddiqui’s case

July 25, 2025
Online
Uncategorized

Son of rickshaw driver tops Punjab Matric exams in Arts group

July 25, 2025
File photo
Uncategorized

PTI leader Hammad Azhar decides to surrender before court

July 25, 2025
File photo
Uncategorized

PAF successfully completes rescue mission in GB after flash floods

July 25, 2025
Pic credit: DP
Uncategorized

Viral video: Revo overturns at Karachi’s Sea View

July 24, 2025
Next Post

Muneer Ahmed Khuhro distributes masks, sanitizers in Sukkur

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

file photo
Crime

Police gun down three high profile terrorists in Karachi’s Manghopir

by MM News Staff
July 28, 2025
representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

by MM News Staff
July 28, 2025
gang rape
Crime

Gang-rape victim found dead in Naushahro Feroze, police await postmortem report

by MM News Staff
July 28, 2025
Tarnol
Crime

Islamabad raid explained: Why is Tarnol trending on social media?

by MM News Staff
July 28, 2025
OpenAI CEO Sam Altman (File Photo)
Technology

Don’t share your deepest secrets with ChatGPT, warns Sam Altman

by MM News Staff
July 27, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP
National

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

by MM News Staff
July 27, 2025

Floods have caused widespread devastation across several cities in Punjab, damaging crops and leaving...

File photo

KP issues travel advisory amid monsoon showers

July 26, 2025
Image: file photo

Weather updates for Islamabad, other parts of country

July 26, 2025
File Photo

Another monsoon spell to begin in Pakistan from July 28

July 25, 2025
See all

Prices

representative image
Business & Stock

Gold prices in Pakistan today- Monday 28 July 2025

by MM News Staff
July 28, 2025

The following are the latest gold prices in Pakistan on Monday, 28 July 2025....

Karachi residents pay the highest price for flour in Pakistan

July 27, 2025
representative image

Gold prices in Pakistan today- Sunday 27 July 2025

July 28, 2025
representative image

Gold prices in Pakistan today- Saturday 26 July 2026

July 26, 2025
See all

Transport News

Chakwal
Crime

Tragic bus crash in Chakwal: 6 dead, 24 injured near Dhok Sial

by MM News Staff
July 27, 2025

A bus fell into a ravine near Dhok Sial on the motorway in Chakwal,...

Charged Parking

Has the Sindh government put an end to parking fee extortion?

July 25, 2025

E-Taxi scheme launch date unveiled in Punjab

July 24, 2025
(File Photo)

Air Arabia Abu Dhabi expands operations in Pakistan with new Faisalabad, Multan flights

July 24, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Thought Box
  • Showbiz
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.