Tag Archives: Bearish spell sets in on stock market

KARACHI: The stock market witnessed another bearish session on Wednesday as the benchmark failed to keep itself in the green zone following profit-taking. According to Arif Habib Ltd, the KSE-100 index slipped to the red zone owing to the weakening of the rupee against the dollar. The local currency depreciated 0.8 per cent to 185.92 against the greenback on a …

KARACHI: Shares continued to tumble for the sixth consecutive session on Friday with the KSE-100 index down 247.16 points, or 0.54 per cent, to close at 45,808. It rounded off the aggregate weekly losses in the index by 1,097 points. The market remained volatile swinging between the intraday high of 302 and low by 324 points. Much of the selling …