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Stocks soar as PM seen passing political litmus


Stocks soar as PM seen passing political litmus
Business
March 6, 2021
Stocks managed a mighty rally on Friday mostly on bets the premier is set to ace his critical political test on Saturday, dealers said.
KSE-100 shares index gained 1.23 percent or 558.81 points to close at 45,837.35 points at Pakistan Stock Exchange (PSX), while traded volume and value stood at 316 million shares and Rs15.9 billion respectively.
Topline Securities in its daily market review said stocks rebounded on last trading day of the week on expectations that Prime minister Imran Khan was well-positioned to win the vote of confidence from National Assembly after Senate vote upset, where government’s candidate Hafeez Shaikh lost to opposition candidate Yousuf Raza Gilani. ....

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