Stocks erased a steep loss and closed higher on Tuesday, as bargain hunters snapped up shares that were battered by concerns over the country’s circular debt plan, dealers said.The Pakistan.
Stocks fell more than 1.4 percent on Tuesday, extending losses for a fourth straight session, as political uncertainty and security unrest weighed on investor sentiment ahead of next week’s.
Stocks fell to their lowest level in a month on Monday as investors book profit ahead of the central bank’s monetary policy decision and worried about the government’s ability to resolve.
Stocks fell for a second day on Friday as investors locked in profits ahead of a central bank meeting that may keep interest rates unchanged, dealers said.The Pakistan Stock Exchange s benchmark.
Stocks closed lower on Thursday, snapping a three-day winning streak, as investors booked profits in the energy sector amid uncertainty over the government’s plan to reduce circular debt,.