KSE-100 loses practically 250 factors on FATF choice

The Pakistan Inventory Change (PSX) endured a bearish session on the final buying and selling day of the week on Friday because the benchmark index dipped within the wake of the Monetary Motion Job Power’s (FATF) choice. Opposite to the market expectation, the FATF retained Pakistan on the gray checklist, whereas noting that “good progress” has been made in finishing the required motion gadgets for elimination from the checklist. Including gas to the bearish session was the uncertainty in regards to the ongoing talks between Pakistan and the Worldwide Financial Fund (IMF) because the…