Bears drag stocks below 48,000 level in jittery week - News

Bears drag stocks below 48,000 level in jittery week - Newspaper


Foreign selling continued during the week clocking in at $5.2m. — AFP/File
KARACHI: The stock market remained under the control of the bears during the outgoing week. And despite a surprise 805-point rally on Thursday spurred by the unexpected mutual funds’ buying of stocks worth $12.3m, the index closed in the negative trajectory for the remaining four sessions to close the week below the barrier of 48,000 points at 47,563, down by 123 points.
The week was plagued by negative news on several fronts; events continued to reshape neighbouring Afghanistan following the flight of the US; the simmering tensions between Pakistan and the US that threaten to mar the talks with IMF as well as jeopardize the country’s exit out of the grey list.

Related Keywords

Afghanistan , Pakistan , Karachi , Sindh , , Oil Gas Exploration Companies , Gas Exploration Companies , பாக்கிஸ்தான் , கராச்சி , சிந்த் , எண்ணெய் வாயு ஆய்வு நிறுவனங்கள் , வாயு ஆய்வு நிறுவனங்கள் ,

© 2025 Vimarsana