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The Pakistan Stock Exchange (PSX) witnessed a strong rally on Wednesday. Investors reacted positively to Pakistan’s staff-level agreement with the International Monetary Fund (IMF). The benchmark KSE-100 Index soared by 1,139.15 points, closing at 117,772.31, marking a 0.98% gain. The index hit an intra-day high of 118,220.88 points. Buying pressure remained strong across multiple sectors. …
Continue reading “IMF Deal Sparks Bullish Rally at PSX, Market Gains Over 1,100 Points”
KARACHI: The Pakistan Stock Exchange (PSX) started the new year with a record-breaking rally. The KSE-100 Index closed above the 117,000 mark after gaining nearly 1,900-point surge on Wednesday. The KSE-100 Index gained 1,881.18 points, closing at 117,008.08, marking a 1.63% increase. The index hit an intra-day high of 117,341.03, supported by strong local buying …
Continue reading “PSX Starts 2025 with Record 1,900-Point Surge”
Oil & Gas Development Company Limited (OGDC) has made a significant discovery in Sindh. The company, along with its partners, found gas condensate at the Baloch-2 well located in the Sinjhoro Block, Sanghar. OGDC announced that it holds a 76% working interest in this exploratory venture. This discovery marks a notable achievement for OGDC, potentially …
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