Pakistan Stock Exchange sinks by more than 2,000 points after PM Sharif announces ‘tremendous tax’

The Pakistan Stock Exchange plunged by more than 2,000 points or practically 5 per cent in simply 22 minutes of manic commerce at midday on Friday, after Prime Minister Shehbaz Sharif introduced a brand new “tremendous tax” on large-scale industries that spooked buyers. Sharif on Friday introduced a ten per cent “tremendous tax” on large-scale … Read more