Tag Archives: Stocks cheer Karachi package with 273-point rally

KARACHI: After a breather on Friday, the bulls ran amok on the first trading day of the week, tossing the KSE-100 index up by 273 points (0.65 per cent) to close at 42,296. Investors’ interest was driven by the government’s huge package of Rs1.1 trillion for Karachi, announced by the prime minister over the weekend to essentially rebuild the dilapidated metropolis. Day …

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