Page 7 - Maaz Mulla News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks close higher tracking budget approval July 1, 2021 Stocks closed higher on Wednesday as approval of federal budget and World Bank loan for power sector reforms had positive impact on investor sentiments, traders said. The Pakistan Stock Exchange (PSX) benchmark KSE 100-shares index went up 0.46 percent or 218.25 points to close at 47,356.02 points, against 47,137.77 points recorded in the last session. Intraday high was 47,460.31 points, while the lowest level of the day was recorded at 47,137.77 points. Analyst Ahsan Mehanti at Arif Habib Corp said, “Stocks closed bullish at the year-end close as investors weighed higher global crude oil prices, National Assembly passing finance bill FY22, World Bank approval of $800 million for power sector reforms.”

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