PSX optimism continues amid govt moves to ease circular debt
Shares at the Pakistan Stock Exchange (PSX) continued their upward trajectory on Friday as the KSE-100 index gained more than 800 points in intraday trade.
The benchmark KSE-100 index climbed 801.61 points, or 0.7 per cent, to stand at 114,514.78 from the last close of 113,713.17 at 12:06pm.
Finally, the index closed at 114,398.69, up by 685.52 points or 0.6pc, from the previous close.
Yousuf M. Farooq, director research at Chase Securities, said, “The market is upbeat following media reports that the government has convinced banks to lend Rs1.25........
© Dawn Business
