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Stocks extend rally on inflows strength Business April 10, 2021 Stocks extended rally on Friday drawing strength from dovish monetary policy assurance for the near future, receipt of Eurobond proceeds, and strong reserves position, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 0.99 percent or 445.12 points to close at 45,186.48 points. KSE-30 Shares Index gained 0.83 percent or 152.7 points to close at 18,484.91 points. Topline Securities in a note said the positivity could be attributed to State Bank of Pakistan chairman statement that interest rate would rema...

April 9, 2021 Stocks rallied on Thursday led by bargain-hunting amid triggers like G20 debt relief, easing treasury bills yields, and bets on strong corporate results, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 1.79 percent or 787.78 points to close at 44,741.36 points. Volumes increased to 383.105 million shares from 370.526 million in the last trading session. A A H Soomro at KASB Securities said stock market bounced back from massive foreign selling seen a day earlier. Interest was seen across the board as value hunters searched for bargains, he said. �...