Saturday, 19 July 2008

Karachi Stock Exchange in Pakistan has slight recovery, ending protests

Ending a 15 day slump, Pakistan's Karachi Stock Exchange closed on Friday up 21.86 points, according to The Nation.

Earlier in the slump, there had been scenes of violence with angry investors smashing stock exchange windows.

Police were called on Thursday after hundreds of the investors charged into the Karachi Stock Exchange shouting anti government slogans.

Bloomberg's Farhan Sharif also reported protests outside the Lahore and Islamabad stock exchanges.

Scary times.

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