Imrooz Modaraba News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks extend rally on inflows strength Business April 10, 2021 Stocks extended rally on Friday drawing strength from dovish monetary policy assurance for the near future, receipt of Eurobond proceeds, and strong reserves position, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 0.99 percent or 445.12 points to close at 45,186.48 points. KSE-30 Shares Index gained 0.83 percent or 152.7 points to close at 18,484.91 points. Topline Securities in a note said the positivity could be attributed to State Bank of Pakistan chairman statement that interest rate would remain sticky at current level in near future. Major contribution to the index came from TRG, POL, SYS, UBL and NRL, as they cumulatively contributed 224 points to the index, the brokerage said.

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