Tag Archives: Stocks rally to historic high above 57

KARACHI: The KSE-100 Index surged beyond the 57,000-point level, concluding the trading session at a new record high on Thursday. Topline Securities Ltd said the upward trend was a result of the successful staff-level agreement reached between the Inter­national Monetary Fund (IMF) and Pakistani authorities under a $3 billion Stand-By Arrang­ement. Furthermore, the auction of treasury bills held a day …

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