Bearish sentiment prevails as Pakistan stock market drops by 3.4%
Nukta's Shuja Qureshi interviews Asim Wahab Khan, Chief Investment Officer at NBP Funds, about the reasons behind the market decline and market fundamentals
Despite hitting a nine-year low inflation rate of 2.4% in January, bearish market sentiment prevailed, and the KSE-100 index dropped 3.4% to end the week at 110,323 points.
The week opened on a bearish note as global markets fell following the Trump administration's tariffs on China, Mexico, and Canada. Subsequently, tariffs on Mexico and Canada were paused for 30 days.
In this episode of Stock Watch, Nukta's Shuja Qureshi interviews Asim Wahab Khan, Chief Investment Officer at NBP Funds, about the reasons behind the market decline and market fundamentals.
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