ISLAMABAD: Pakistan stocks fell on Thursday with investors concerned about continued pressure on the rupee, which closed on a record low against the US dollar, and falling global markets, dealers said.
The Karachi Stock Exchange (KSE) benchmark 100-share index dropped 0.61 per cent, or 85.13 points, to close at 13,786.62 points on volume of 92.2 million shares, compared to Wednesday’s close of 13,871.75.
“Falling global markets and (the) weak local currency kept investors on the sidelines. As a result of this, (the) market remained in a narrow band with low volumes,” said Samar Iqbal, a dealer at Topline Securities.
