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Another volatile week on PSX

KARACHI: The stock market remained volatile throughout the week and finally saw the KSE-100 index close down by 368 points (0.74 per cent) to barely cross the 49,000 level at 49,008. After testing the high level of 49,597 points early in the week, the index could not breach the 50,000 …

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SECP, SBP in joint move to tackle illicit lending

KARACHI: A high-powered body of two apex financial and banking regulators — the Securities and Exchange Commission of Pakistan and the State Bank of Pakistan — on Wednesday decided to seek cooperation of law enforcement agencies in curbing unregulated lending operations, particularly at the country’s stock exchange where certain brokers …

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