KSE-100 index jumps almost 5,000 points on Afghan ceasefire news
Foreign funds would divert their liquidity into buying Pakistan’s stocks. This would merely increases prices of shares and be profitable for those who already hold stocks. PHOTO: FILE
The Pakistan Stock Exchange (PSX) enjoyed a remarkable turnaround on Friday as the benchmark index staged a powerful recovery of around 5,000 points, crossing once again the 160,000 mark and ending the week on an emphatically bullish note.
Investor optimism surged after reports confirmed that Pakistan and the Afghan government had reached a c
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