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Tag Archives: political scenario

Rupee strengthens against US dollar

KARACHI: Pakistani rupee Tuesday strengthened in both interbank and open market against US dollar. According to local currency market, US dollar lost 10 paisa in interbank to reach 102.6 and 5 paisa in open market to reach 102.85. On the first day of trading on Monday, US dollar gained 10 paisa in interbank to reach 102.7 and 5 paisa in ... Read More »

Opening: KSE sheds 142 points as bears haunt back

KARACHI: The fast-changing political scenario and devastating floods took its toll on the stocks as Karachi Stock Exchange benchmark KSE-100 went down to 29902 points, losing 142 points or 0.42 percent in early trading on Monday. The market opened with a negative sentiment and could not sustained the gains it had made last week. The investors appeared cautious and preferred ... Read More »

Opening: KSE remains buoyant, gains 250 more points

KARACHI: Though political scenario remains hazy, stocks continue to capitalize on the developments taking place in the federal capital as Karachi Stock Exchange KSE-100 index roared past the overnight gains and added another 250 points or 0.86 percent to touch 29,510 in early trading on Wednesday. The market opened with positive sentiments and kept on marching upward, giving boost to ... Read More »

Restart of talks helps rupee to firm value

LAHORE: With the ‘apparent’ signs of improvement in the prevailing political scenario, Pak Rupee managed to sustain its value against US Dollar and other international currencies in currency market. Though no extra ordinary market demand for the US dollar was seen, its rates remained stable. Market players said that emergence of new political situation with restart of dialogue process between ... Read More »

Imran’s march on Red Zone: KSE sheds 222 points

KARACHI: The prevailing political turmoil continued to take toll on all sorts of economic activities across the country as stocks saw a huge fall as Karachi Stock Exchange-100 Index declined by more than 222.03 points and reached the level of 28,630 in today trading session. Analysts reflected that if the current political scenario prevailed, the situation in stocks would also remain ... Read More »