KARACHI: Following a bloodbath in the preceding week, the equities partially recovered losses and closed the shortened four-session outgoing week in the green despite extreme volatility driven by tensions on the western border and continued softening monetary policy and positive economic data. According to Arif Habib Ltd (AHL), the week began with a remarkable recovery, as the benchmark KSE-100 index surged by 4,411.3 points on Monday, marking the second-highest single-day point-wise gain in the PSX history. This rally was primarily driven by fresh inflows following the steep correction in the previous week. As the week progressed, the market sentiments remained mixed. The government raised Rs913bn at the T-bill auction, falling short of the Rs1,200bn target. The cut-off yields were set at 11.99pc for three months, 11.99pc for 6-month and 12.29pc for 12-month tenors. Monitoring Desk<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI: Following a bloodbath in the preceding week, the equities partially recovered losses and closed the shortened four-session outgoing week in the green despite extreme volatility driven by tensions on the western border and continued softening monetary policy and positive economic data. According to Arif Habib Ltd (AHL), the week began with a remarkable recovery, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-452433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n