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The KSE-100 index reaches a height of 82,317 points amid the ongoing IMF accord.

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Supported by the hope that a deal with the International Monetary Fund (IMF) will go through after the global lender mentioned Pakistan in its board meeting set for September 25, the Pakistan Stock Exchange (PSX) also saw a rising trend in the final day of trading.

The KSE-100 index reached a record 82,317 points on Friday as the stock market went beyond the 82,000-point barrier after rising 858 points on Friday.

But in the interbank market, the US dollar is still losing value compared to the Pakistani rupee, trading at Rs277.70 after shedding Rs0.21.

As the KSE-100 index hits an all-time high of 81,972 points, bulls are on the march.

The Pakistan Stock Exchange has been trending upward in the previous several days, helped by the expectation that the International Monetary Fund (IMF) will approve money during its executive board meeting on September 25.

After rising more than 1,500 points in the first half of Thursday, the KSE-100 index now stands at 81,972 points.

The KSE-100 index hit 81,939 points on July 19, 2024, and that must be kept in mind.

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Iranian President Offers Condolences for Kurram Terrorist Attack

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Masoud Pezeshkian, the president of Iran, has expressed his sorrow for the recent terrorist assault in Pakistan that claimed dozens of lives and denounced the crime.

The Iranian president said that all types of terrorism must be denounced in a statement. In addition to the relatives of the attack victims, he sent his sympathies to the people and government of Pakistan.

“I will stand by its friendly and brotherly country, Pakistan, and will seriously pursue the fight against terrorism to enhance security and stability in the region,” he added.

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It’s unfortunate that political points were scored. Claims Against Saudi Arabia Show a Desperate Attitude: Dar

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According to Senator Mohammad Ishaq Dar, the deputy prime minister and foreign minister, accusing Saudi Arabia of gaining political points is a sign of a desperate attitude.

In response to the PTI founder’s spouse’s remarks on Saudi Arabia, the Deputy Prime Minister stated, “Pakistan and Saudi Arabia are close friends and brothers.”

According to Dar, Saudi Arabia’s path of growth and prosperity is something they greatly admire. The nation of Pakistan takes pride in its strong ties with Saudi Arabia, which has supported it no matter what.

He said it is unfortunate and shows a desperate attitude to “implice Saudi Arabia for petty political point scoring.”

In order to prevent any political forces from jeopardizing Pakistan’s foreign policy, the deputy prime minister of their political objectives.”

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Examining Drug Mafia: Balochistani Smuggling Operation Started

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Two drug dealers were detained and an international narcotics deal was thwarted in Balochistan by government institutions.

A significant amount of crystal ice was taken from the individuals who were arrested.

The 70 kg of illegal goods that were found are valued about $1 million on the global market.

The arrested person’s cell phone also yielded contact information for the international drug gangs from Afghanistan and Britain.

The Pakistan Security Forces are dedicated to making the nation drug-free.

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