menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Stocks lose 718 points on budget uncertainty

16 0
thursday

KARACHI: The Pakis­tan Stock Exchange (PSX) faltered on Tuesday on economic concerns after the International Mone­tary Fund (IMF) attached new performance benchmarks to the current $7bn Extended Fund Facility, which dented bullish sentiments and bears dragged the benchmark KSE 100 index below 119,000-barrier on nervous selling by jittery investors.

Topline Securities Ltd said the stock market remained volatile, reflecting a day of consolidation. The benchmark index recorded an intraday high of 211 points and a low of 1,163 points, eventually........

© Dawn Business