Stocks fall 348 points on policy rate rise expectations

KARACHI: The stocks fell by 348 points on Wednesday amid expectations of a rise in the key policy rate and high inflation. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended at 46,194 points from the previous day’s closing of 46,542 points. Analysts at Arif Habib Limited said that bearish momentum was witnessed … Continue reading Stocks fall 348 points on policy rate rise expectations