Tag Archives: Stocks fall nearly 300 points on global equities decline

Stocks fell by 299.68 points on Tuesday, with analysts attributing it to a decline in global equities and Pakistan Petroleum Limited’s (PPL) weak earnings and payout. The benchmark KSE-100 index closed at 41,220.91 points, down 0.72 per cent. The market saw an intraday low of 41,078.71 points around 3:05pm. Head of Research at Intermarket Securities, Raza Jafri, said PPL’s weak …

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