KSE-100 closes over 1% higher as rate cut talks heat up – Markets

The Pakistan Stock Exchange (PSX) witnessed a bullish session on Thursday, as its benchmark KSE-100 Index rebounded with over 1% gain amid talks of a rate cut in the next Monetary Policy Committee (MPC) meeting expected by Jan-end.

Trading at the KSE-100 remained range-bound in the first half of the session, but bears managed to dominate by the end, bringing the index back to above 64,000…