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The Pakistan Stock Exchange surpasses the milestone of 118,000.

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Bulls continued to dominate the market as the Pakistan Stock Exchange (PSX) reached yet another milestone of 118,000 on Monday.

The KSE-100 index surged more than 1,000 points to hit a new high of 118,735 points on the opening day of trading of the business week.

The KSE-100 index finished at 117,586 points on Friday.

The US dollar

However, during the early morning interbank trading, the dollar lost value. In the interbank market, the value of the Pakistani rupee dropped 11 paisas to Rs278.45 against the US dollar.

The dollar closed at Rs278.56 last week.

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