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.
You May Also Like
Apple alleges India’s apps of abusing power
New Delhi: On Dec 19, Apple Inc has consulted India’s antitrust watchdog…
- Alina Hashmi
- December 20, 2021
Emirates to start Dubai-Tel Aviv daily flights
Dubai: It emerged on Thursday that Emirates will be starting daily flights…
- Alina Hashmi
- November 4, 2021
China pressurizes Continental over Lithuania
Vilnius/Frankfurt: On Dec 17, China is pressuring German car parts giant Continental…
- Alina Hashmi
- December 17, 2021
US Dollar slides ahead of central bank meetings
The US Dollar (USD) fell on Monday, dropping to a two-week low…
- Hafsa Mustafa
- October 30, 2023