Stocks on Thursday drifted down because of profit-booking, spurred by fears that shifting political loyalties may severely distract the government, currently busy fighting the worst economic fires.
KARACHI: Stocks on Monday hit a tailspin in tow with a global rout, mostly after crude oil spiked to its highest level since 2008, while local political tumult that s gaining traction by the day.
Stocks on Tuesday cruised ahead for the second day, riding a new wave of optimism, after the Prime Minister rushed to cool down inflation-ravaged masses and industries with medium-term relief on.