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KARACHI:The bulls staged a dominant comeback an
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d took firm control of the stock market as the benchmark KSE-100 index rose 1,108 points (4.3%) during the week ended March 7.The declaration
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of a ceasefire and lower-than-expected inflation numbers were the highlights as the index closed in the green in all five trading sessions of the week.The index s gain helped in recuperating most of its losses stemming from a bearish spell in the previous month. The index ended the week just shy of the 27,000-point barrier after closing at 26,892 on Friday.The KSE-100 index posted a small gain on Monday before post
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ing an increase of 300 points in each of the next three trading sessions and ending the week with clipped gains on Friday, as some profit-taking was witnessed.Inflation numbers for the month of February provided further impetus to investors after clocking in at 7.93%, taking the full-year inflation to 8.65%. As a result, it is highly unlikely that the State Bank of Pakistan (SBP) will annou ISLAMABAD:Interior Minister Rana Sanaullah on Friday remarked that Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan should have been sent to jail in July or August.Speaking to the media in Islamabad, the minister responded to a journalist rsquo;s question pertaining to Imran rsquo;s statement about him getting more dangerous in jail, saying, ldquo;These are just things to say, we will find out when he goes t
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o jail. rdquo; ldquo;By the way, th
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e season of going to jail is passing, rdquo; he said, adding that the former premier should have been sent to jail i
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n July or August.Commenting on the missing persons case, he said that there cannot be a bigger service to humanity. ldquo;What can be a greater cruelty than to make people rsquo;s loved ones disappear rdquo; he asked.He said that the way Islamabad High Court (IHC) Chief Justice Athar Minallah has stressed the issue has given relief to the people before.He added that there are some facts that cannot be explained in the open court.