KARACHI: The rupee continued to slide for the seventh consecutive trading session on Tuesday making a fresh historic low of Rs181.73 against the dollar. The rupee ended Rs181.73 to the dollar from the previous day’s closing of Rs181.25 in the interbank foreign exchange market. The local unit fell by Rs3.22 or 1.80 per cent during … Read more
KARACHI: The Pakistan bourse witnessed a bloodbath session on Friday due to the political unrest and rupee depreciation against the dollar. The market witnessed dull activity in the first session while across the board selling was observed in the second session due to the last working day of the week, an analyst at Arif Habib … Read more
KARACHI: The Pakistan Stocks witnessed a range bound session on Thursday due to the political unrest, thin trade on concerns for rupee instability and surging government bond yields. The market opened in the green zone but stayed volatile throughout the day while the main board activity remained dull, an analyst at Arif Habib Limited said. “The … Read more
KARACHI: The Pakistan Stocks closed lower on Monday amid thin trade on political uncertainty, surging government bond yield and slump in the global equities. The economic uncertainty, hike in the local power tariff and rupee instability played a catalyst role in bearish close, dealers said. An analyst at Arif Habib Limited said that a range … Read more
KARACHI: The Pakistan bourse witnessed a volatile session on Tuesday due to political unrest and overheated commodities cycle, as the market opened in the red zone and stayed under pressure throughout the day. The cement sector stayed in the red zone due to the mounting international coal prices, while in the last trading hour, across … Read more
KARACHI: The benchmark KSE-100 Index witnessed a massive sell-off as President Putin ordered military operation and Russian forces launched a full invasion in Ukraine, dealers said. An analyst at Pearl Securities said that with the Russian invasion of Ukraine, the global markets also turned red. “Additionally, the international oil prices rose above $105/barrel, which dampened … Read more
