July 30, 2019 (MLN): The KSE-100 index started the session on a dreadful note, wherein it went as low as 31,485 points which accounts for a 41-month low. However, the index recovered quickly and is now trading at 31,764-mark.

With regards to local currency, the Pakistani Rupee (PKR) appreciated to 159.90/160.05 with trades reported at 160 per USD, as compared to the previous close of 160.45 per USD. The reason for PKR appreciation, according to traders, is the increase in remittances.

Copyright Mettis Link News

29186