Tag Archives: PSX rises on budget approval

KARACHI: Amid optimism for a smooth passage of the budget for fiscal year 2024-25 and a subsequent deal with the International Monetary Fund, the stock market continued its recovery momentum on Thursday. Investors engaged in value-hunting in oil and banking shares, which helped the benchmark index extend its overnight bull run. Ahsan Mehanti of Arif Habib Corporation said the finance minister’s proposal to abolish …

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