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Tag Archives: resignation

Closing: KSE stands ground, up by 335 points

KARACHI: The Karachi Stock Exchange KSE-100 index on Wednesday continued its buoyant mood and added to its gains, taking the points tally to 335.26 to reach 29595.55 points as consensus between major political stakeholders to protect the parliament and democracy brought confidence in market. The KSE-100 index, opened at 29260, kept on marching upward and taken the total trade volume ... Read More »

Midday: Bull run continues as KSE-100 index gains 302 points

KARACHI: The Karachi Stock Exchange KSE-100 index on Wednesday continued its buoyant mood and added to its gains, taking the points tally to 302 or 1.3 percent to reach 29,562 in the midday trading. The market opened with positive sentiments and kept on marching upward amid flurry of hectic politicking in the federal capital to end the weeks-long standoff. Though ... Read More »

Midday: KSE-100 index cheers up at hope for end to political impasse

KARACHI: The stocks was buoyed up by the hope for an apparent end to the prevailing political impasses as Karachi Stock Exchange 100 index bounced back with an increase of 886 points to reach 28660.37 in the midday trading on Friday. Sentiments at the market were high at the opening of the day as it gained more than one thousand ... Read More »

Dollar reaches Rs103.30 as rupee continues to nosedive

KARACHI: The US dollar gained 63 paisa in the inter-bank currency exchange on Monday, reaching Rs 103.30 mark as uncertainty continues to prevail on the political horizon in the country. The experts blame the current political situation for frailty of rupee and fear that it may further depreciate if the situation did not return to normalcy. Earlier, currency experts had ... 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 »