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PSX likely to remain green amid positive developments


Daily Times
May 24, 2021
Dropping coronavirus cases across the country and positive developments at economic and political fronts are likely to boost investors’ confidence and wane away concerns of rollover week and monetary rate announcement this week.
The Pakistan Stock Exchange (PSX) will most probably cross the 46,000-mark on Monday (today) amid favourable budgetary measures for the capital market in the upcoming budget that also kept the momentum green last week. The stock market is likely to remain positive this week on expectation of no change in policy rate in the monetary policy statement scheduled to be announced on May 28 (Friday). ....

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