Pakistani shares partially recover overnight losses
KARACHI: Volatility continued on the Pakistan Stock Exchange (PSX) on Friday due to escalating tensions between the nuclear-armed neighbours following the Phalgham attack and Pakistan’s retaliation in response to Indian moves. However, value-hunting allowed the benchmark index to recover from its overnight losses partially.
Topline Securities Ltd said the market remained range-bound most of the session on account of border tensions, but some recovery was observed towards the end of the trading, as the index gained to close at 115,469.35, up........
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