21 Nov, 2024
KSE Trade Screen Live - Pakistani stocks ended lower on Monday as political uncertainty hit investor sentiment, with the opposition calling for more accountability from Prime Minister Nawaz Sharif after a recent disclosure in the 'Panama Papers' document leak, analysts said.
The benchmark 100-share index at the Pakistan Stock Exchange closed down 1.18 percent, or 401.32 points, at 33,566.22.
The 'Panama Papers' leak disclosed that Prime Minister Nawaz Sharif's three children owned offshore companies in the British Virgin Islands. The documents were leaked from Panama-based law firm Mossack Fonseca.
Last week, Sharif said his family did nothing illegal and added that he would be forming a commission to investigate all allegations.