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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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23 police officers were hurt in an altercation with PTI employees on Attock’s Ghazi Barotha Bridge.

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Law enforcement officials said that the wounded soldiers were taken right away to local hospitals for medical care. The situation worsened after police officers were allegedly beaten overnight by workers in a truck that was supposedly carrying KP Chief Minister and PTI leader Ali Amin Gandapur.

“The altercation happened when the convoy tried to cross the bridge in spite of security restrictions,” the police said. More troops have been sent in to control the situation and bring the peace back.

Investigations are still being conducted to find the people who started the violence. Law enforcement officials have promised that those responsible will face severe consequences.

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The public rejects repeated calls for protests and sit-ins because PTI wants to disrupt daily life. Ahsan

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The public rejected the elements continually calling for protests and sit-ins, according to Planning Minister Ahsan Iqbal, and the PTI’s performance today will also fail.

Speaking at a news conference in Lahore, the planning minister stated that the government is responsible for protecting people and property, and that the necessary precautions have been taken in this regard.

Because of its effective economic policies, Pakistan is on the path to prosperity and development, according to Ahsan Iqbal. He stated that a five-year strategy for economic advancement will be unveiled shortly by Prime Minister Shehbaz Sharif.

But the demonstrators have a sinister plan to sabotage this advancement for their own ends, he claimed.

PTI intends to disrupt everyday life and restore law and order in the nation, he claimed. However, he stressed, the law will not be taken into one’s own hands, and those who break it would face harsh consequences.

The PTI founder has been sentenced by the courts, according to Ahsan Iqbal, and his release can only occur legally—not through a sit-in or protest. According to him, the PTI founder will need to use the legal system to cleanse his name in every case.

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Strengthening Bilateral Relations: A Delegation of 68 Belarusians Arrives in Islamabad

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Foreign Minister Maksim Ryazanov has led a high-level Belarusian delegation that has arrived in Islamabad.

Of the 68 members of the group, eight were ministers and forty-three were business leaders.

At the airport, the team was cordially received by Interior Minister Mohsin Naqvi.

Pakistan’s ambassador to Belarus, Sajjad Haider Khan, was also in attendance, as was Shafqat Ali Khan, additional secretary for foreign affairs.

It is anticipated that Belarus and Pakistan will sign a number of memoranda of understanding and agreements.

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