PAKISTAN ECONOMY STOCK EXCHANGE

Stockbrokers monitor share prices in Karachi

epa10790436 Pakistani stockbrokers monitor the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, Pakistan, 08 August 2023. The Pakistan Stock Exchange experienced a one percent drop in early trading on 08 August, with all sectors falling in the red zone, including the oil and gas companies. However, the benchmark KSE-100 Index managed to recover some of the lost ground, recording a 0.77 percent loss by 11:15am. This drop comes after a period of significant growth in recent years, driven by an International Monetary Fund (IMF) deal and the prospect of foreign investment. Political uncertainty and speculations about a delay in general elections have halted the upward trend, but some market correction was expected. EPA/REHAN KHAN

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