Stock market gains over 1,100 points.

KARACHI -- The Pakistan Stock Exchange showed a bullish trend on Wednesday with the benchmark KSE-100 Shares index gaining 1195.04 points. The current index stood at 34,637.14 with a 3.45 per cent change since trading opened. Bullish activity was also witnessed at the stock market a day earlier with the KSE-100 gaining 191.56 points. The Pakistan stock market has performed well after reports that government-backed financial institutions would pump liquidity into the market. Last week, a delegation led by businessmen and brokers held a meeting with Adviser to Prime Minister on Finance Dr Abdul Hafeez Sheikh and discussed the overall macro-economic situation and its impact on capital markets in the country.

Considering the present depressed market sentiment, the delegation suggested various measures for...

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