Pakistan Stock Exchange crosses 118,000 mark milestone

The Pakistan Stock Exchange (PSX) on Monday crossed yet another milestone of 118,000 as bulls continued to run the market.On the first day of trading of the business week, the KSE-100 index soared by more than 1,000 points to reach another record high of 118,735 points.On Friday, the KSE-100 index closed at 117,586 points.US DOLLAROn the other hand, the dollar depreciated in the interbank trading early morning. The Pak rupee became 11 paisas dearer against the greenback at Rs278.45 in the interbank market.Last week, the dollar closed at Rs278.56.