Market watch: KSE-100 falls below 48,000-point mark
Market watch: KSE-100 falls below 48,000-point mark Benchmark index sheds 370.36 points to settle at 47,777.62 KARACHI: Uncertainty gripped the stock market on Wednesday as the benchmark KSE-100 index dived over 400 points in intra-day trading ahead of the release of Economic Survey 2020-21 and announcement of federal budget. The government will release the survey report on June 10 and unveil the budget for fiscal year 2021-22 on June 11. It will be the third budget of the Pakistan Tehreek-e-Insaf (PTI) government, in which it is expected to levy new taxes and increase the existing ones. Disc...