KARACHI: The Pakistan stocks hit a 21-month low to close below the level of 40,000 points on Thursday, as the rupee touched the historical low of 227/dollar in the interbank market, dealers said. An analyst at Pearl Securities said the ongoing political uncertainty kept dragging the market sentiment, wherein, the Punjab chief minister’s election would … Read more
KARACHI: The Pakistan equity market closed higher on Friday amid higher trades as investors weigh the government’s decision to abolish the subsidy on the prices of petroleum products. Ahsan Mehanti at Arif Habib Corp said that the investors’ confidence was boosted with the latest decision which is expected to pave the way for the resumption … Read more
KARACHI: The Pakistan stock market took a negative turn on Monday, primarily due to the selloff in technology stocks, dealers said. Institutional investors were on the selling side, partly due to the redemptions and otherwise due to the concerns on the rising current account deficit and inflation on the back of possible tariff hike. Muhammad … Read more
