Pakistan Stock Exchange down by 59 points

By
Riaz Andy
Pakistan Stock Exchange down by 59 points

KARACHI: The Pakistan Stock Exchange started trading on Thursday with a positive note, with the benchmark 100-index gaining 506 pips at one point to register its all-time high of 40,861.

Crude prices and the State Bank's interest rate decision provided the much-needed fuel.

However, the sentiment in the market changed later in the day on the Indian claim of a surgical strike across the Line of Control.

The index fell from its day-high to day-low level of 40,143 points, although it recovered by closing to end the day at 40,295.