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Shares at PSX soar 1,200 points as KSE-100 hits record high
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Monday, gaining more than 1,200 points and crossing the 69,000 barrier.
Previously, the index had made headlines for crossing the 68,000 mark which Arif Habibi Limited had called its “highest-ever closing”. Analysts had attributed the gains to “aggressive buying” in the pharmaceuticals, and exploration and production stocks.
Today, the benchmark KSE-100 index gained 842.45 points, or 1.23 per cent, to stand at 69,259.23 — yet........
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