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Saturday, March 02, 2024  
20 Shaban 1445  

PSX sees small recovery after bearish day

The market had fallen below 63,000 points on Monday
File photo
File photo

Pakistan Stock Exchange began Tuesdya on a negative note after the previous day saw a dip in the market.

The 100-index gained over 200 points in the opening session to cross the 63,000-point mark.

The market had seen a bearish Monday, losing over 1,000 points to fall to 62,773 points.

The rebound comes after the State Bank of Pakistan (SBP) on Monday maintained status-quo in the policy rate at 22% for the fifth consecutive time.

“The MPC [Monetary Policy Committee] decided that the current policy rate, which is 22pc, will continue. In other words, it decided to maintain status quo,” SBP Governor Jameel Ahmad said during a press conference in Karachi.

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pakistan stock exchange

pakistan stock market

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