Stocks closed flat on Monday following a range-bound session, where investors remained cautious ahead of the central bank’s key policy rate, which went up 100bps, in line with market.
Stocks posted a strong recovery on Wednesday with investors taking cue from central bank governor’s statement on expected foreign currency inflows next week with hopes of easing pressure on.
KARACHI: Stocks fell to their lowest in 30 months on Tuesday, with political uncertainty and interest rate panic selling hitting almost every counter and leaving investors nowhere to hide.The main.