Strong rally in stock market shows investors’ confidence in govt. policies: Dr Hafeez

MG News | December 02, 2019 at 11:56 AM GMT+05:00

0:00

December 2, 2019 (MLN): Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said the strong rally in stock market depicts the improved investors’ confidence on measurements taken by the government for stabilizing the economy.

He said in a tweet yesterday, the KSE-100 index is up by 14.9% during November which is the highest one month return after May 2013.

The index showed improvement by 36.6% or a net gain of 10, 500 points since Aug 16, 2019.

Copyright Mettis Link News

Related News

Pakistan, Canada bilateral trade hits $1bn

PSX Closing Bell: Hold On, We’re Going Up

Pakistan cotton arrivals remain steady in Dec 2025

Name	Price/Vol	%Chg/NChg
KSE100	183,951.51 437.36M	0.86% 1567.36
ALLSHR	110,404.19 1,033.26M	0.83% 904.56
KSE30	56,444.71 215.70M	0.97% 542.89
KMI30	256,899.68 148.80M	0.57% 1456.31
KMIALLSHR	70,211.69 431.51M	0.37% 259.26
BKTi	54,236.03 111.52M	2.00% 1065.69
OGTi	35,973.69 18.04M	1.08% 383.06

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,840.00	94,140.00 91,145.00	2180.00 2.38%
BRENT CRUDE	65.27	65.92 63.84	1.40 2.19%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-1.65 -1.87%
ROTTERDAM COAL MONTHLY	98.25	98.25 98.00	1.20 1.24%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	60.99	61.50 59.47	1.49 2.50%
SUGAR #11 WORLD	14.86	15.00 14.78	0.02 0.13%