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The spectacular rise in the prices of certain shares from March 25, 2020 to date has left investors gasping for breath. The invasion of Covid-19 dented the KSE-100 index, which reached its nadir of 27,229 points on March 25 last year. From there onwards, the index displayed an upward spiral that over the last 10 months has gradually reached 45,984 points. This represents a 31-month high and a massive recovery of 69 per cent. During the same period, price gains in certain stocks have been mind...

Business January 22, 2021 KARACHI: Pakistan Stock Exchange (PSX) has asked various companies to explain the reasons behind what it says unusual movement in prices and turnover of their shares during the ongoing week, it was learnt on Thursday. In a notice, PSX asked them “to respond promptly” and share with it “details of any matter or development that is or may be relevant to the unusual movements or a statement of the fact that it is not aware of any such matter or development...