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KARACHI:The Pakistan Stock Exchange snapped a four-day losing streak on Monday and climbed 229 points on the back of stability in regional markets and uptick in global oil prices.Local oil sectors were in the limelight following a spike in international crude prices after Hurricane Ida forced some of the US refineries to halt produ
airmaxplus ction and obstructed oil supply.In addition, encouraging corporate financial results, particularly the healthy earnings posted by Hubco, triggered a rally at the local bourse.Cherry-picking in select index-heavy sectors lent support to the uptrend. Despite t
jordan denim he positive sentiment in the market, the banking sector received a battering where major names closed in the red.Earlier, trading began with a spike and the KSE-100 index surged close to the 47,500-point mark in early hours. However, a lack of positi
af1 ve triggers sparked profit-booking and erased most of the gains by midday.The index traded range bound for a few hours but a buying spree, emerging later in th
