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KSE-100, Its time for Karachi to feel the heat!

June 6, 2008

Livemint has some interesting comment on Pakistan’s stock markets, which till the other day was booming and crossing milestones after milestones since Musharraf seized power.

A 10X rise from the days of WTO and Afghan Wars. But as the power balance shifts from General to the Parliament, and that too an increasingly factious one, investors are spooked out.

After hitting April’s high of 15862, it is down by 16%, falling to even 23% before showing some recovery.

Here is the report and analysis from Livemint.

[The author takes a passionate interest in economics,electronics and environment [coincidentally,all three Es], not necessarily in that order. When he is not blogging on markets, technology and their business issues, he spends his time conceiving and executing projects for a hi-tech electronics startup based out of South India. Mail him at sohamdas at gmail dot com. He is listening]

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