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KARACHI:Bull-run continued at the Pakistan stock market on Thursday as the KSE-100 index extended gains by 407 points primarily due to a rally in global oil prices, which lifted the bourse to a 30-month high.International oil benchmarks, which soared to a nine-month high, sparked buying interest in exploration and production and oil marketing companie jordan basse s rsquo sectors at the Pakistan bourse.Dismal foreign direct investment (FDI) data, which depicted an outflow of $16 million in November 2020, failed to impact market activity as sentim air force high ent of market participants remained strong throughout the session. Improving macroeconomic indicators, coupled with a drop in political noise, overshadowed any negative news flow.The KSE-10 air force one 0 index recorded a rise of nearly 150 points as soon as trading began and managed to sustain the uptrend till the end of trading. The upward march accelerated towards the close and helped inflate the gains.At close, the benchmark KSE-100 index recorded an increase of 406. Nkuy MSCI proposes to downgrade Pakistan s stock market
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