Improvement in security, hopes of IMF tranche aid market's advance
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) extended gains on Thursday, when the benchmark KSE-100 index surged 2,474 points, or 1.56%, as the passage of 27th Constitutional Amendment and the expected release of International Monetary Fund's (IMF) loan tranche sparked investor interest.
Trading remained robust for almost throughout the session, during w
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