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Bulls stage comeback at PSX, driving market up by over 3,000 points



A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi. — AFP/File
A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi. — AFP/File

The capital market experienced a strong rally as political tensions subsided after Pakistan Tehreek-e-Insaf (PTI) decided to call off its protest in Islamabad on Wednesday.

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index surged by 3,740.84 points, or 3.96%, reaching 98,315.19 points during the intra-day trade, up from the previous close of 94,574.16 points.


This is a developing story and is being updated with more details.


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