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PSX suffers early losses amid economic uncertainty, dollar edges higher

Rupee weakens against Dollar
Published 23 Apr, 2025 10:52am
File photo
File photo

The Pakistan Stock Exchange (PSX) opened the trading week on a bearish note, with the benchmark KSE-100 index falling by over 250 points.

The index slipped to 118,100 points amid heightened investor uncertainty and ongoing financial market pressures.

Selling pressure dominated early trading hours, reflecting concerns over both domestic and global economic conditions.

In the currency market, the Pakistani rupee witnessed slight depreciation as the US dollar appreciated by 4 paisas in the interbank market, trading at Rs280.80.

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According to financial analysts, the modest uptick in the dollar and the downturn in the stock market mirror the broader impact of global financial instability and the persistent economic uncertainty facing the country.

PSX

pakistan stock exchange

KSE 100