Tag Archives: ‘Relief rally’: PSX mimics global markets

The benchmark KSE-100 gained as much as 1,387 points in intra-day trade on Tuesday as an uptick in oil prices, rally in international markets coupled with the lower-than-expected inflation figures in October lifted the overall market sentiment. “The market witnessed a relief rally after the recent bloodbath. Sentiments improved as both international oil prices and international markets recovered sharply overnight,” …

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