Tag Archives: Stocks lose 1

KARACHI: Bears took over the trading floor of the Pakistan Stock Exchange on Thursday after Pakistan Tehreek-i-Insaf nominated candidates for prime minister and Punjab chief minister as it also started contacts with different parties for the formation of coalition governments. Also, the Pakistan Peoples Party’s reluctance to join Shehbaz Sharif’s cabinet despite announcing support to elect him as prime minister drew strong reactions …

KARACHI: The stock market fell for fourth week in a row. If the final week of January was bad enough with the KSE-100 index recording a fall of 2.4 per cent, the outgoing one was worse with 3.6pc or 1,487-point decline to settle at 40,144. The plunge of 2,489 points or 6pc in two weeks has taken a toll on …