Investors who bought shares in the debt-stricken nation’s benchmark KSE-100 Index the day prior to a national vote reaped an average 7% gain over the next month, according to data from the past six elections compiled by Bloomberg. Over a three-month period, the mean advance was 19%.
LTIMindtree, Wipro, and other IT stocks crack up to 5% amid Powell’s indication of slower rate cuts
IT stocks came under pressure on Monday after US Federal Chair Jerome Powell’s comments suggesting a slowdown in interest rate cuts. Powell highlighted persistent inflation
November 18, 2024