PSX: Surging volumes, positive economic indicators lift stocks past 46,000 level
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Pakistan, Jan. 14 -- Pakistan Stock Exchange (PSX)continued its bullish momentum on Wednesday, as the equity markets witnessed another day of heavy investor participation as volumes remained above 800 million shares for the second consecutive trading day. By the session-end, the benchmark kse-100 index breached 46,000 mark, and closed at 46,091.96 index level after gaining 169.92 points.
Thebuying activity was witnessed across the board, as investors geared up in anticipation of annual financial results. During the session major moves were recorded in blue-chip stocks, especially in banking, technology, cement and textile scrips.
Market cheered the manufacturing data released by Pakistan Bureau of Statistics (PBS), which showed Large Sc...
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