KSE-100 index drops 0.54% amid ongoing market volatility

Pakistan’s stock market experienced volatility this week, even after the State Bank of Pakistan reduced the policy rate by one percent to 12%.

The market fell close to 3.5% in just three trading sessions, primarily due to the rollover of futures contracts. A sharp recovery followed, resulting in the KSE-100 index ending the week with just a 0.54% loss.

In this episode of Stock Watch, Nukta’s Shuja Qureshi interviews Waqas Ghani of JS Global Capital Limited about the upcoming IMF review and the cement sector’s results forecast.

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