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Shares dip at PSX as benchmark loses 828 points   Published On Valuations are attractive for medium term given current risk-free rate, currency stability KARACHI (Dunya News) – The KSE-100 index declined by 828 points the lowest since the beginning of 2021 below 45,000 level on concern of higher interest rate, income tax exemptions removal and government s move to pass autonomy bill for the central bank. The KSE index closed at 44,223 points, the lowest level during CY21TD). During last two sessions the index declined by 3.5% (-1,614 points) which is the highest decline for two consecutive days after 02-Nov-20 (-2,075 points). Muhammad Saeed Khalid, head of research at Shajar Capital said that plunging of the KSE100 index was mainly witnessed during on the asian equity sell off along with the enraging political turmoil in the country.

Muhammad saeed khalidSaeed khalidMuhammd abdur rafayInternational monetary fundDunya newsShajar capitalMutual fundsMoney billPrime ministerSenate chairmanAbdur rafayPearl securitiesState bankShares dip at psx as benchmark loses 828 pointsமுஹம்மது சயீத் காலிட்சயீத் காலிட்