KARACHI: Acting upon the old adage of “ buy on rumours, sell on news, ” investors on Thursday offloaded their positions following a long bull run ending with the receipt of$ 1.2 billion from the International Monetary Fund( IMF). Topline Securities said the IMF news helped the benchmark index make an intraday high of 456 points before closing in the red territory. Data from National Clearing Company showed mutual funds and “ other organisations ” led the selling spree and disposed of their posit
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2023-07-17 00:00:00.0