KARACHI: Stocks plummeted 4.7 percent in their worst crash in eight years as shell-shocked investors — their nerves shattered from the JIT report on Panama corruption case — are fearful that the issue is mutating into a full-blown political crises, dealers said.
“Equities witnessed a bloodbath as political **ise reached a new decibel and benchmark KSE 100 Index plunged by as much as 4.63 percent, down most since February 2009 when Sharif brothers were declared ineligible by Supreme Court to contest elections or hold public ******s,” Elixir Securities said in a report. The Pakistan Stock Exchange’s benchmark KSE 100-share Index closed lower 4.65 percent or 2,153.23 points to 44,120.58 points.
07-12-2017, 06:53 PM
Stocks plummet 4.7 percent on JIT report
KARACHI: Stocks plummeted 4.7 percent in their worst crash in eight years as shell-shocked investors — their nerves shattered from the JIT report on Panama corruption case — are fearful that the issue is mutating into a full-blown political crises, dealers said.
العرض الشجري