Najam Sethi Under Fire for his Uturns on Stock Exchange.
- Najam Sethi is
being criticized on social media for his biased and contradictory analysis of the stock exchange.
- Social media users shared old clips of Najam Sethi.
When the arrest of Shahbaz Sharif took place yesterday, the stock market fell to 950 points, to which Najam Sethi tweeted and said that the stock market fell to 1000 points due to the arrest of Shahbaz Sharif.
Najam Sethi added in his tweet that more arrests would not only bring political instability but also create economic uncertainty.
‘Who says the economy is recovering?’
KSX fell 1000 pts after SS arrest. More arrests more political instability and economic uncertainty. Who says economic revival is happening?
— Najam Sethi (@najamsethi) September 28, 2020
Earlier, when the Pakistan stock market fell to 33,000 points due to the Corona Pandemic, but as the situation in Pakistan improved, the stock market began to rise again and reached 42,000 points. At that time, Najam Sethi used to say that the stock market has nothing to do with the economy.
You sir are such a disgrace to journalism.
— آزاد رینــچ ™️ (@NaikRooh) September 28, 2020
Najam Sethi said in his old statement that we are told that the stock market is going up, the stock market has nothing to do with the economy. This is a fraud, it has no effect on the economy.
Social media users questioned whether Najam Sethi should have listened to his old statements before tweeting.
This is not the first time he has taken a ‘Uturn’ on his statement.
It should be noted that Najam Sethi was given a lot of favors during Nawaz Sharif’s tenure and Nawaz Sharif made him the chairman of the Pakistan Cricket Board.
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