THE KSE 100 index further declined by 53 points on Aug 30 and closed at 22,160. The market has been declining for the last two weeks, but if we look at its last three months performance, it is unbelievable and superb.

Before May 11 elections, the market stood at 19,000 points, but as the elections wound up, it started an upward rally and crossed the 23,000 mark, the highest ever, till August. It means that investors welcomed the Nawaz Sharif’s government warmly. However, the market is again declining bit by bit due to Karachi’s current law and order situation and the expected US attack on Syria. So, the government must take bold steps in this regard and must fulfil its commitment to solve the circular debt issue and energy crises.

Moreover, Karachi’s law and order situation should be the foremost priority of the government.

SAADAT ALI
Peshawar


Do you have information you wish to share with Dawn.com? You can email our News Desk to share news tips, reports and general feedback. You can also email the Blog Desk if you have an opinion or narrative to share, or reach out to the Special Projects Desk to send us your Photos, or Videos.

More From This Section

Medium of instruction

PROFESSOR (Dr) Arifa Farid’s letter ‘Medium of instruction’ (Nov 21) is a welcome breeze in a desert. Our...

Traffic solution

Living in cities and towns, we daily face the horror that traffic has become. Youngters riding motorcycles in a...

Comments (0) Closed