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Shares at PSX soar 600 points on hopes of rate cut
Bulls continued their stampede on the trade floor at the Pakistan Stock Exchange (PSX) on Thursday as shares gained more than 600 points in intraday trade.
The benchmark KSE-100 index gained 689.23 points, or 0.71 per cent, to stand at 87,883.76 points from the previous close of 87,194.53 points at 9:54am.
Mohammed Sohail, chief executive of Topline Securities, attributed the bull run to locals buying aggressively on falling bond yields amid expectations of a major cut in........
© Dawn Business
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