FLASHNEWS:

Day: September 30, 2024

KSE-100 Index Drops 590 Points Amid Broad Market Decline

Karachi: The KSE-100 index lost 590 points, closing at 81,658, with 423 million shares traded in a day marked by declines across several sectors. The market saw notable activity in the Technology, Investment Companies, and Cement sectors, with mixed pe…

Currency Fluctuations Persist in Pakistan’s Financial Markets

Karachi: The Exchange Companies Association of Pakistan has reported slight changes in the exchange rates for major currencies including the US Dollar, Euro, and British Pound as of the end of September 2024. The local currency saw varied movement agai…

PSX Faces Downward Pressure Amid Foreign Selling, Closing Lower

Karachi: The Pakistan Stock Exchange (PSX) experienced significant pressure, losing over 940 points intraday before closing down 118 points at the 81,114 level. This decline was primarily driven by a wave of foreign selling.According to JS Global, the …