Stocks fall below 75,000 on tough budget - Newspaper
Analyst says market witnessed across-the-board selling pressure amid mounting fears about likely tough taxation proposals.
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Analyst says market witnessed across-the-board selling pressure amid mounting fears about likely tough taxation proposals.
Expert says a slowdown in GDP growth to 1pc in the second quarter of the current fiscal year worried investors who resorted to profit-taking.
Positive contributions from stocks in cement, auto, power, fertiliser and oil marketing sectors collectively add 222 points to the index.
Overall trading volume increases by 18.8pc to 120.4m shares; Traded value goes up 9.5pc to $11.5m on a day-on-day basis.
KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday as Pakistan reached a staff-level agreement...