Stocks closed slightly lower on Monday after hitting a high of over 66,100 points earlier in the session, as investors weighed the prospects of a new government and its economic policies, dealers.
Stocks rose over one percent on Thursday, boosted by optimism over the political and economic outlook, as China extended a $2 billion loan and the new parliament took oath, dealers said.The Pakistan.
Stocks rose on Wednesday as investors welcomed the summoning of a National Assembly session by the speaker to form a new government and Moody s hinted at a possible upgrade of the country s rating.
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.
KARACHI: Pakistan stocks plunged by nearly 3 percent Monday amid political turmoil amid a deadlock on the formation of the new government, traders said.The Pakistan Stock Exchange’s benchmark.