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ZODIAC

  1. Continuous depreciation prompted renewed stock selling, resultantly KSE-100 closes at 41,520.59 points
  2. In the interbank market, local unit falls Rs2.40 to close at Rs234.32, down in value from the previous close of Rs231.92
  3. Pakistani rupee is once again hovering around the all-time low records set during the last spell of depreciation
  4. Massive devastation caused by floods worsens country's economic crisis despite resumption of International Monetary Fund programme
  5. Pakistani rupee’s sharp fall of more than 4% in the last six trading sessions has fuelled investor uncertainty
  6. High inflation is in favour of precious metals and analysts believe that it is not going to go away anytime soon
  7. Earlier, trading kicked off on a positive note, however, index soon succumbed to selling pressure in absence of positive triggers
  8. Rupee changes hands at 218.68 after losing 1.44 during intraday trade in interbank market
  9. Analysts cite several reasons for Pakistani rupee's fall against US dollar; local unit trades at 217.70 in interbank market
  10. Rupee depreciates over Re1 against US dollar in last two sessions; analysts expect currency to remain under pressure till IMF meeting
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