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23 Dec 2024

Stock Market Surges Amid Dollar’s Slight Decline

After a sharp downturn the previous day, the Pakistan Stock Exchange experienced a robust recovery, with the 100 Index climbing by 4,294 points to reach 98,868. The significant uptick signals renewed investor confidence and positive market sentiment.

Meanwhile, the exchange rate also showed minor improvement, with the US dollar losing 4 paisas against the Pakistani rupee, settling at PKR 277.80. Financial experts attribute the recovery to increased trading activity and a favorable outlook for local investments.

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