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KARACHI:The stock market endured another spell of bearish trade on Friday as the benchmark index plunged over 900 points in intra-day trading before making some recovery. It close
nike air force 1 femme d the third successive session in the red.The Pakistan Stock Exchange (PSX) continued its downward trajectory amid panic selling by investors as it had yet to find a base for a turnaround. The selling spree pushed the benchmark index below the 37,000-point barrier in intra-day trading.Despite a brief open in the positive, the KSE-100 index failed to sustain the momentum. Although late buying helped the index recover some ground, it still ended the week deep in the red. Institutions (insurance companies and mutual funds) hav
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gray dunks sell and repurchase at lower levels, Arif Habib Limited Head of Equity Sales Saad bin Ahmed told The Express Tribune.At the end of trading, the benchmark KSE 100-share Index recorded a decrease of 686.55 points or 1.81% to settle at 37,167.02.Market watch: Lacklustre trading Hyhq China says agreed with US to remove tariffs if trade deal progresses
ISLAMABAD:Covid-19 is likely to significantly affect Pakistan s external balance in five ways - reduc
pink sambas ing exports, foreign investment and remittances, deflating the import bill, and increasing external debt.All these repercussions of the pandemic come from recession in economy 鈥?in part supply-induced and in part demand-induced 鈥?across the globe. Pakistan s top 10 export markets in descending order are the US, China, the United Kingdom, Afghanistan, Ger
new balance 9060 many, the UAE, the Netherlands, Spain, Bangladesh and Italy.Together, these 10 countries make up 61% of Pakistan s global exports. With the exception of China and Bangladesh, the economies of all the other eight markets are predicted to contract in 2020.As per the IMF World Economic Outlook, released in April this year, the US, which is Pakistan s largest market accounting for 16% of its global exports, will undergo economic contra
nike dunk nike ction of 6.5%.Likewise, the United Kingdom, which makes up 7.2% of Pakistan s global exports, will register