KARACHI: The KSE-100 index closed higher by 447.43 points, or 0.32 per cent, at 138,412.25 on Wednesday, following a volatile session driven by speculation over the central bank’s monetary policy decision. The index fluctuated between an intraday high of 139,018.88 and a low of 137,658.81.

Early trading witnessed selling pressure from leveraged investors amid uncertainty over a potential interest rate cut. However, sentiment shifted after the State Bank of Pakistan (SBP) surprised the market by keeping the policy rate unchanged at 11pc in its latest Monetary Policy........

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