PSX down 1,000 points
Entry posted by Waqas Dar
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KARACHI: After dipping around 1,700 points on Tuesday, the benchmark KSE 100-index of the Pakistan Stock Exchange fell 1,000 points by noon Wednesday.
The benchmark index stood at less than 44,000 points.
On Tuesday, economic analyst Mohammad Sohail explained to Geo News that the political uncertainty prevailing in the country with regards to the work of the Panama case Joint Investigation Team (JIT) probing the Sharif family?s assets has had a negative impact on the stock market.
He added that the market has gone down a cumulative 15% in the past month.
Earlier on June 12, the market dipped 1,800 points as news hit of the prime minister's summoning by the JIT.
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