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Tag Archives: Stocks fall below 75

Stocks fall below 75,000 on profit-taking


May 23, 2024

KARACHI: After posting modest gains overnight, Pakistani shares on Wednesday faltered below the 75,000 level on late selling as investors reacted to a downturn in dollar inflows, which depicted a weak economic outlook. Ahsan Mehanti of Arif Habib Corporation said the National Accounts Comm­ittee’s projection of a subdued economic growth of 2.38pc amid average 26pc inflation for outgoing FY24, a …

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