Equities recover 757 points after four sessions
KARACHI: Better-than-expected inflation reading for February provided a stimulus to the Pakistan Stock Exchange (PSX) to break the four-session losing streak as equity investors resorted to value-hunting, anticipating a more significant rate cut in the upcoming monetary policy review, propelling the benchmark KSE 100 index above 112,000 on Tuesday.
Topline Securities Ltd said after enduring a bearish spell, the bulls made a strong comeback, driving the benchmark index to an intraday high of 890 points and a low of 269 points. By the closing........
© Dawn Business
