Pakistan, April 20 -- Pakistan equities closed its week on Friday on a positive note, with benchmark KSE-100 Index gaining 481 points, closing at 37,292 levels, up 1.3 percent.
The local bourse traded in the green zone throughout the trading session making a high of +917 points. Financial sector pulled the overall sentiment of the market upwards where Bank of Punjab (BOP) (+8.5%) closed limit up on the back of the news that the government of Pakistan has delayed the decision of setting up a Single Treasury Account with the State Bank of Pakistan, said Danish Ladhani, an equity analyst.
According to IIS Securities' analyst, the news that Pakistan got duty waiver on 313 products in second phase of Pakistan-China FTA drove the positive senti...