KARACHI: Stocks remained under pressure and fell on Wednesday as investors feared higher tax measures on capital markets in the upcoming federal budget.The Pakistan Stock Exchange’s benchmark.
Stocks regained the 75,000 level on Thursday, with the benchmark index rising 0.21 percent, as investors bet on an interest rate cut by the central bank next month, dealers said.The Pakistan Stock.
KARACHI: Pakistan stocks closed to another all-time high Monday, as investors weighed data on the current account surplus and the visit of the Iranian president positively, traders said.The Pakistan.
Stocks ended slightly lower on Tuesday, as political uncertainty over the President s refusal to call a National Assembly session and doubts over new IMF loan conditions weighed on investor.
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.