Stocks surge on hopes for a coalition government
February 15, 2024
The KSE-100 index rose more than 900 points on Wednesday, continuing the winning run for the Pakistan Stock Exchange (PSX), as investors gained confidence in the possibility of forming a coalition government. A mutual decision by political parties, who revealed intentions for a coalition administration during a news conference, was the catalyst for the trading […]
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Twitter stock slips 25% amid tussle over Indian IT rules
June 24, 2021
Shares of social networking service Twitter have taken a hit amid the tussle with the Indian; government over the new IT rules. Modi government’s decision to tame the networking site accused of spreading fake news has stemmed from a rally in the NYSE-listed stocks. On June 16, the networking site lost its intermediary status in […]
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