PSX in early rally over FATF’s decision

The optimism around the economy following Pakistan’s removal from the FATF grey list caused a bullish trend in Pakistan Stock Exchange (PSX) Monday, gaining 356.45 points, driving the index to 42,474.72 points against 42,213.48 points from the last working day.

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The KSE-100 index opened at 42,569.93 points on Monday morning.

However, an early rally of around 356.45 points saw the index rise to a high of 42,569.93 points.

So far, the most active stock contributing to the index’s performance was Power Generation and Distribution with the highest change of 1.88% rising to 55.29points.

Worldcall Telecom Limited, however, is the volume leader, gaining 4.61%.

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