Stocks sink on Pakistan Indexes downgraded by MSCI

KARACHI: The stock market fell by 333 points on Wednesday as MSCI in its verdict decided to downgrade Pakistan from Emerging Markets to Frontier Market. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended at 46,397 points from the previous day’s closing of 46,730 points. Analysts at Topline Securities said that after a … Continue reading Stocks sink on Pakistan Indexes downgraded by MSCI