Tag Archives: economic uncertainty

Stocks suffered losses for the fifth straight session on Thursday, bleeding more than 1,700 points on the back of rumours of a hike in interest rates, economic uncertainty, and the unrelenting depreciation of the rupee. The bourse stayed flat for 10 minutes after the opening bell. However, at 9:40am, the market began its gradual slide with the KSE-100 eventually losing …

Shares at the Pakistan Stock Exchange (PSX) fell 387.65 points on Monday, with analysts citing political uncertainty following the PTI’s announcement of dissolving the Punjab and Khyber Pakhtunkhwa assemblies later this week. The benchmark KSE-100 index reached 40,913.83 points at 3:07pm, down 0.94 per cent. Head of Equity at Intermarket Securities Raza Jafri said the KSE-100 was weak on the back of …