December 22, 2024
Business

PKR is losing ground to the US Dollar in interbank

KARACHI: On the opening day of the week’s activity, the Pakistani rupee weakened against the US dollar and saw a new decline. Details show that the rupee fell by 11 paisas versus the dollar, which currently trades for roughly Rs217.65. The Pakistan Stock Exchange, on the other hand, experienced a drop. The KSE-100 index reached […]

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Business

Stocks fall below 42,000 due to profit-taking

KARACHI: The bears remained in control of trading at the Pakistan Stock Exchange on Monday, with the benchmark KSE-100 index extending losses from the previous week and falling by more than 450 points. The benchmark began the week on a sour note after succumbing to late-session profit-taking. Despite the ongoing political turmoil, the market opened […]

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