Karachi: On Monday, stocks at the Pakistan Stock Exchange (PSX) rebounded following news of Saudi Arabia’s plans to renew the $3 billion deposit with Pakistan and the hopes of the International Monetary Fund programme’s (IMF) revival. The market staged a rally, adding over 700 points to the benchmark KSE-100 index. It extended the bull run from the previous week and tossed the index above 43,000 points.

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