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Stocks gain 452 points on expected IMF deal

Stocks gain 452 points on expected IMF deal

Business

The benchmark KSE-100 index gained 452.03 points

KARACHI (Dunya News) -

Shares at the Pakistan Stock Exchange (PSX) witnessed bullish trend in early trading session on Monday.

 

The benchmark KSE-100 index gained 452.03 points, or 1.08 per cent, to reach 42,246.69 points at 10:38am.

According to market analyst, the positive sentiments prevailed at the PSX because of reports of expected IMF deal this week and reported extension in Saudi Arabia's deferred oil facility by a year.