Pakistan: Pakistan’s benchmark share index at all-time high

Pakistan: Pakistan’s benchmark share index at all-time high

KARACHI: Pakistan’s benchmark share index on Tuesday breached 60,000 to trade at an all-time high of 60,500.61 points, data on the Pakistan Stock Exchange website showed. Investors expect an imminent cut in the central bank’s policy interest rate, currently set at a record high 22%. Inflation appears to have peaked, having slowed to 26.9% year-on-year … Read more