Global Stock Exchanges - STOCK EXCHANGES AROUND THE WORLD - Pakistan market up on back of upbeat current account data.
The stock market remained bullish on Friday on the back of upbeat data on the current account deficit for FY19 and a surge in foreign exchange reserves, which went up after the receipt of first loan tranche from the International Monetary Fund (IMF). The uptrend emerged late in the trading session. Foreign inflows, government's approval of an increase in local fertiliser prices and hopes for improved Pakistan-US trade ties in the wake of Prime Minister Imran Khan's visit to Washington next week played the role of catalysts in bullish close of the market.
At the end of trading, the benchmark KSE 100-share Index recorded an increase of...
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