Pakistan’s economic snapshot, February – March 2014

Stock Market

Pakistan’s economic snapshot, February - March 2014The KSE showed a disappointing performance during the month of February. The dismal trends in the stock market can be attributed to the fallout in the peace talks and below par earnings announcements. The bourse took a plunge of 790 points (3%) and closed at 25,603. A slight improvement was brought with Engro Corporation and Engro Fertilizers leading the way. Hubco, Kapco, Nestle Pakistan and OGDC failed to uplift the mood of the market.

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