20SharesThere is not a single day when we are not reminded that the investors have lost confidence and Pakistan’s economy is in a serious crisis as a result of economic instability courtesy devaluation, increase in utilities’ prices and higher cost of doing business. And a latest story published by The Express Tribune is another proof. […]
Although State Bank Governor Reza Baqir yesterday (Thursday) said economy was moving in right direction, the effects of devaluation, inflation, rising prices of utilities, stock market slump and higher cost of doing business are visible to everyone in Pakistan, showing that everything is going south. And the latest report by Faseeh Mangi for Bloomberg is […]
The investors in Pakistan Stock Exchange experienced further loss on Thursday as the KSE-100 Index was recorded at 29,720.66 [at time of time of filing this report] after losing 723 points and closing at 30,277.45 a day earlier. And this happened as the Bloomberg in a latest report said, “A recovery may elude the world’s […]