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NEW YORK:With results in from about two-thirds of companies, fourth-quarter 2023 S amp P 500, tab earnings growth is now seen at 9.0%, almost double air max95 a Jan 1 forecast for 4.7% g af1 supreme rowth, according jordan rot to LSEG data on Friday. Nnry Foreign exchange SBP reserves fall $311m to $16.1b

KARACHI:The Pakistan stock market maintained a powerful rally on Thursday andcrossed jordan zalando the threshold of 49,000 points after a gap of six years.Meanwhile, the Pakistani rupee also made a smart recovery of Rs1.55 to Rs287.83 against the US dollar in inter-bank trade before mid-day today (Thursday).At the Pakistan Stock Exchange ( air force bebe PSX), the benchmark Karachi Stock Exchange (KSE) 100 Index increased by over one percent, or over 600 points, to 49,403 points before mid-day.Speaking to The Express Tribune, Pak-Kuwait Investment Company Head of Research Samiullah Tariq said, quot reasons for the increase in PSX are improvement in the balance of payment (BOP) outlook after the International Monetary Fund 39 s (IMF) latest loan programme of $3 billion, very attractive valuations of stocks in term of price-to-earning-ratio (PE), and buy-back of their own companies 39 shares by the companies 39 owners these da jordan2 ys quot .Moreover, he added, the rupee-dollar exchange rate is moving with demand and