Tag Archives: Stocks at PSX climb 700 points on hopes of new IMF deal

Shares at the Pakistan Stock Exchange (PSX) climbed more than 700 points in intraday trade on Monday on expectations of lower inflation numbers. The benchmark KSE-100 index climbed 704.08 points, 0.9 per cent, to stand at 79,149.04 at 11:15am from the previous close of 78,444.96 points. Mohammed Sohail, chief executive of Topline Securities, said that investors were “building new positions …

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