KARACHI: Pakistan stocks plunged by 1,200 points Friday as political uncertainty prevailed amid delay in the general election results and with no single party having the majority, traders said.The.
Stocks ended the week on a mixed note, while the market is likely to remain volatile until the final results are announced and a new government formation is completed.“In the forthcoming week,.
Stocks closed higher on Wednesday, boosted by a pre-election rally and hopes of an upgrade in the country’s credit rating, but trading volumes remained thin as investors stayed cautious ahead.
KARACHI: The stock market is expected to trade in a narrow range next week, as investors will be cautious ahead of the general elections on Feb. 8 and a shortened trading week due to public.