Friday, October 22, 2021

KSE-100 loses nearly 250 points on FATF decision

psx
The Pakistan Stock Exchange (PSX) endured a bearish session on the last trading day of the week on Friday as the benchmark index dipped in the wake of the Financial Action Task Force’s (FATF) decision. Contrary to the market expectation, the FATF retained Pakistan on the grey list, while noting that "good progress" has been made in completing the required action items for removal from the list. Adding fuel to the bearish session was the uncertainty about the ongoing talks between Pakistan and the International Monetary Fund (IMF) as the…


from latest-news - SUCH TV https://ift.tt/3jspK7S

No comments:

Post a Comment

Opposition's no-confidence motion was another "attempt at a bargaining chip for a fresh deal": Qureshi

Foreign Minister Shah Mahmood Qureshi on Sunday said that the Opposition parties’ announcement to present a no-confidence motion was anothe...