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KSE-100: stocks extend gains, index climbs by 206 points

KSE-100: stocks extend gains, index climbs by 206 points July 17, 2021 Bulls took control at the Pakistan Stock exchange (PSX) on Friday to end the week on a positive note as uncertainty around Capital Gain Tax (CGT) submission ended, lifting investors’ sentiments. On Thursday the benchmark kse-100 index had climbed past 47,800 level after posting about 206 points gain by the closing bell. The trading kicked off on an optimistic note right after the opening bell as the index climbed steadily for most part of the day and touched intraday high of 47,892.20. Investors continue to cheer up Eurobond proceeds of $1 billion, which also propped up the State Bank of Pakistan’s (SBP) foreign currency reserves to four-and-a-half-year high, which was also a major positive macroeconomic indicator.

Investegate |Oil and Gas Devt Co Announcements | Oil and Gas Devt Co: Material Information

Investegate |Oil and Gas Devt Co Announcements | Oil and Gas Devt Co: Material Information
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