The PSX benchmark 100-index eroded 1097 points around 10.22 am on Monday and slightly gained as net decline in 100-index stood at 895 till 11.15 am. The stock market has turned volatile today because of a deepening political uncertainty in the wake of dissolution of National Assembly.
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Trading volume of the PSX edged up to 163.93 million, involving more than 5.7 billion rupees worth shares trading on March 31, 2022.
Who will win the politics of no confidence motion?
The EU provides grant assistance for Rural Development, Natural Resource Management and Education & Human Resource Development. Some of the non-focal areas of Pak-EU development cooperation are trade and
economic cooperation, democracy, human rights, counter terrorism, security and humanitarian assistance.
Trade deficit has increased alarmingly, to $29.87 billion in eight months of the ongoing financial year in comparison with $17.31 billion trade deficit in the same period in last financial year. Thus, more than $12 billion growth in the trade deficit has expanded the current account deficit in the first eight months of 2021-22.
Commodity prices have skyrocketed because of Ukraine’s conflict with Russia, which has threatened world grain yield, the availability of edible oils, as well as fertiliser exports.
Western media is overflowing with soundbites from Ukrainian politicians pleading with European nations to preserve their blond and blue-eyed youngsters, who, unlike East’s dark and black infants, come from civilised nations.
Analysts said the stock markets have become vulnerable in this scenario because the western countries are imposing sanctions on Russia while crude oil price is escalating to around $100/barrel amid full-scale war fears.