PSX closes in green, 100-Index reaches 34,637 points

Karachi: Pakistan stocks market moved upward and closed on a positive note amid investment, deferred payment oil purchase financial benefit to Pakistan by Kingdom of Saudi Arabia besides greenback closed stable versus domestic currency.

The market analysts were of the view that unless radical restructuring of economic policies to revive domestic financial, insurance, economic, industrial and commercial sectors not taken, no any change in macro and micro indicators and in overall economy could be achieved.

The borrowed mix is a short term plan and would ultimately add to burden overall debt levels.

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