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Pakistani stocks rise ahead of budget for Fiscal Year 2011-12

ISLAMABAD : Pakistani stocks ended higher on Friday ahead of the budget announcement and amid expectations of an expecte
Published June 3, 2011

Karachi_Stock_ExchangeISLAMABAD: Pakistani stocks ended higher on Friday ahead of the budget announcement and amid expectations of an expected removal of a capital gains tax on individual investors.

But dealers said volume remained thin as investors remained cautious ahead of the budget announcement, which was made later in the day, a private TV reported.

Copyright APP (Associated Press of Pakistan), 2011

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