Bourse up by 274 points.

Byline: ZUBAIR YAQOOB

KARACHI -- Market traded range bound on Wednesday, oscillating between -330pts and +460pts during the session and closed +274pts. CPI release matched street consensus at 10.2% that gave confidence to the investors that the upcoming number would be even lower, raising the hopes that yield on fixed instruments, particularly T-Bills and PIB will dip further.

Secondary market 5yr PIB was seen trading 9.1%. Wednesday's trading session saw profit booking as well that kept the overall market range bound, perhaps weakness in global equity...

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