Stocks fall on rate-cut pause, IMF worries
KARACHI: Amid a strong reaction from the trade and industry to an interest rate-cut pause despite a sharp slowdown in inflation, the uncertainty about the economic outlook in the view of the ongoing IMF review contributed to a bearish drive for the second straight session on Tuesday.
Explaining the factors that led to the downturn, Ali Najib, Head of Sales at Insight Securities, told Dawn that the PSX remained volatile as investors await the IMF review outcome. “Clarity on fiscal measures, circular debt resolution, and potential policy adjustments will shape market sentiment. A........
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