KARACHI: Stocks plunged 744 points on Monday while reacting to an unexpected hike in interest rate by the central bank. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 45,745 points as against last Friday’s closing of 46,489 points. Analysts at Arif Habib Limited said that bears ruled over the bulls today … Continue reading Stocks plunge by 744 points on interest rate hike