Bulls stage comeback at PSX on positive triggers
At close, KSE-100 index gains 200.25 points to settle at 43,230.22
Source: geo.tv
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At close, KSE-100 index gains 200.25 points to settle at 43,230.22
Confidence of market participants waned after Brent crude futures touched a peak of $113.02 a barrel, highest since June 2014
Market sheds over 300 points in the absence of major positive triggers that could provide direction to the market
Benchmark KSE-100 index spent most of the day in the red zone and ended with a drop of nearly 250 points
Investors are concerned over subdued economic growth, depreciation of Pakistani rupee, which prevents market from advancing