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Business at stock exchange disturbed after media report

ISLAMABAD: The scenario developed after media reports that Muthahid Qumi Movement (MQM) chief Altaf Hussain has asked President Asif Ali Zardari to resign has not only affected ordinary people but also investment in Stock Exchange which would push further economic crises in Pakistan. Due to these reports, either true or false, had changed the whole political situation in the country, which might further increase problems like deteriorating economy and little interest of foreign investors due to current law and order situation in the country. The news story was immediately aired by all private TV channels changed the whole political scenario as well as stock market which came down three points. It not only affected investment in stock exchange but also compelled the investors to limit their investment in the country. Due to worsening law and order situation investors would not prefer to invest their money in Pakistan and giving such statement by the political leader and airing of it by media would further week our fragile economy, different analysts and economy experts told Daily Times here on Tuesday. staff report

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