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PSX closes lower as geopolitical uncertainty weighs

KARACHI: The Pakistan Stock Exchange (PSX) closed lower during the outgoing short week as uncertainty over a possible US-Iran agreement and the reopening of the Strait of Hormuz kept investors cautious, while elevated oil prices continued to weigh on sentiment. According to Arif Habib Ltd (AHL), the KSE-100 index fell 0.73 per cent, or 1,325 points, week-on-week to close at 180,104. Topline…

PSX closes lower as geopolitical uncertainty weighs

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