Stocks end three-week losing streak
(WorldNews Business)

KARACHI: The stock market managed to snap the three-week losing streak which had dragged the KSE-100 index down by a staggering 8.6 per cent as it recovered 451 points (1.1pc) to close at 42,074 in the week ended Friday. Reports over the progress in selection of a caretaker prime minister ahead of the general elections was the major factor that set the direction of the market in the outgoing week. Stocks staged a robust rally on Tuesday with the index adding 1,095 points (2.63pc) on optimism that the government and opposition had reached...