KARACHI: The Karachi Stock Exchange benchmark KSE-100 index failed to withstand the bearish trend and added to the overnight losses, going down 30 more points or 0.10 percent to 30065 points in the early trading on Thursday.
The stocks could not gain momentum as profit-taking took over the bourse but it managed to sustain its level over 30,000.
On Wednesday at close, the Karachi Stock Exchange’s (KSE) benchmark 100-share index fell 0.16% or 47.97 points to end at 30,095.80.
SBP dollar purchases fall to 16-month low at $154m
KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...
