—Reuters Photo

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.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Confused state
Updated 05 Jan, 2025

Confused state

WHEN it comes to combatting violent terrorism, the state’s efforts seem to be suffering from a lack of focus. The...
Born into hunger
05 Jan, 2025

Born into hunger

OVER 18.2 million children — 35 every minute — were born into hunger in 2024, with Pakistan accounting for 1.4m...
Tourism triumph
05 Jan, 2025

Tourism triumph

THE inclusion of Gilgit-Baltistan in CNN’s list of top 25 destinations to visit in 2025 is a proud moment for...
Falling temperatures
Updated 04 Jan, 2025

Falling temperatures

Vitally important for stakeholders to acknowledge, understand politicians can still challenge opposing parties’ narratives without also being in a constant state of war with each other.
Agriculture census
04 Jan, 2025

Agriculture census

ACCURATE information relating to agricultural activities is vital for data-driven future planning, policymaking, as...
Biometrics for kids
04 Jan, 2025

Biometrics for kids

ALTHOUGH the move has caused a panic among weary parents mortified at the thought of carting their children to Nadra...