PSX tumbles on MSCI’s reclassification to Frontier Markets
KARACHI: The Pakistan Stock Exchange (PSX) tumbled on the last day of the rollover week, as Morgan Stanley Capital’s announcement regarding reclassification of Pakistan to Frontiers Markets was taken negatively by the market, dealers said. Ahsan Mehanti at Arif Habib Corp said the stocks closed lower on uncertainty over FATF decision on Pakistan action plan … Read more