Karachi: Pakistan stocks on Tuesday plunged to a 30-month low as the country’s extremely riotous political situation freaked economy-wary investors. The KSE-100 Shares Index, the benchmark of the country’s capital market, lost 1,378.54 points, or about 3.47%, to close at 38,342.21 points. The delay in the revival of the International Monetary Fund’s (IMF) loan program and the ongoing political uncertainty in the country caused the bloodbath in the stock market.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘Pakistan not as vulnerable as people think’: SBP Head

State Bank of Pakistan (SBP) Acting Governor Dr. Murtaza Syed refuted the…

IT & IT Enabled Services Export Remittances Surge in July-September

ISLAMABAD, Oct 23 (APP): The IT & IT enabled Services (ITeS) export…

Google Ads down as service disruption reported

Google Ad users have been facing issues accessing the platform since 1pm…

Pakistan’s weekly inflation hits 30.68pc

The Pakistan Bureau of Statistics (PBS) on Friday reported that the weekly…