Sluggish stocks moved both ways on Wednesday to cap the day on a flat note as political bedlam, grim data, and speculations over IMF’s next tranche got the best of investors in the rollover.
Stocks on Tuesday recovered almost all the gains lost a day earlier as central bank’s move to hold the policy rate and reports of inflows from IMF and other bilateral lenders set off a.
Stocks barely changed on Wednesday in a heavily guarded trade a day ahead of the monetary policy meeting amid deepening IMF loan concerns, traders said.KSE-100 Shares Index, the benchmark of.
KARACHI: Stocks nosedived on Friday after the government announced an extra 10 percent super tax on select sectors for one year, which spurred a mass exodus, the largest single-day decline in six.
Stocks on Thursday suffered another downward thrust as surging market treasury bills yields made the case for more monetary tightening stronger, which sent investors running for cover, traders.