KARACHI – Pakistan Stock Exchage suffered a major blown on Friday.
PSX market continue to decline as bears dominated the index where shareprice dipped by 2.47 percent on political noise and upcoming ECL which gavenegative signals to investors.
Local bourse opened on a negative note and further tumbled 934.91 points or2.47 percent. Panic among the investors was triggered as PakistanTahreek-e-insaf government released the list of 172 people, and placed themon the Exit Control List (ECL).
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The list contained names including the top leadership of Pakistan PeopleParty namely Chairman Bilawal Bhutto Zardari, former president and partyCo-Chairman Asif Ali Zardari and his sister Faryal Talpur, in light of arecent joint investigation team report submitted to the Supreme Court inthe money laundering probe.
