Pakistan stock exchange situation ahead of the federal budget in Karachi
epa11401982 Pakistani stockbrokers monitor share prices at the Pakistan Stock Exchange in Karachi, Pakistan, 10 June 2024. The KSE-100 index dropped nearly 500 points on 10 June, closing at 73,271.17, a 0.65% decline. Selling pressure hit sectors like construction, banking, fertilizer, and oil, with major stocks like OGDC and MCB trading in the red. Market sentiment was further dampened by speculation of possible tax hikes and stringent IMF bailout conditions. EPA/REHAN KHAN
