Friday, 26 June 2020

Interest rate cut lifts KSE-100 by 230 points

Friday was a day to cheer, as investors welcomed State bank of Pakistan’s announcement to cut interest rate by 100 basis points to 7%. Benchmark KSE-100 index ended on a positive note after a choppy week. Index remained in a positive territory throughout the trading and gained 229 points to close at 33,939-level i.e. 0.68% […]

from Daily Times https://ift.tt/3i5WlOr

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