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17.07.2008 - Protest over Pakistan share slump

Angry investors have US regrets death of Pakistani troops killed in air strike ...
Large blast near Danish embassy in Islamabad ...
attacked the Karachi Stock Exchange (KSE) in protest at plunging Pakistani share prices.

Up to a 1,000 people took part in the demonstration at the country's main stock exchange, Reuters reports.

The Czech Republic news are represented by www.czechrepublic-prague.com


A number of windows were broken and at least two people injured, the news agency said.
The protesters demanded a temporary closure of the KSE to stop further slides. It is down 14% since Monday and reached an 18-month low this week.
A growing company and consumer debt burden and surging inflation have led to a crisis of confidence in Pakistan's economy, analysts say.
Concern has also been fuelled by political infighting between the new coalition government and its allies over the reinstatement of judges sacked last year by President Pervez Musharraf.


Are you in Karachi? Have your investments been affected by plunging share prices? Did you witness the unrest?









(BBC)


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