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Stocks gain as MPC meeting nears

Stocks gain as MPC meeting nears

Business

The benchmark KSE-100 index hovered at 114,684 points after gaining more than 900 points.

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KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) continued to witness bullish trend on the last working day of trade. 

The benchmark KSE-100 index hovered at 114,684 points after gaining more than 900 points. 

The bulish trend is said to be linked with the upcoming Monetary Policy Committee (MPC) meeting scheduled to be held on March 10. 

It must be remembered that the KSE-100 index was closed at 113,713 points on Thursday after gaining more than 1,400 points. 

On the other hand, the greenback lost Rs0.07, bringing it to Rs279.75 from Rs279.82.