No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut
No Result
View All Result
No Result
View All Result

KSE-100 index loses 255.57 points

News Desk by News Desk
April 27, 2022
in Business, Featured, Latest News, National, Top News
Reading Time: 1 min read
Stock Market

KARACHI: On Tuesday, the stock market remained dull and failed to gain some momentum. The downward trend came due to the reservations from the investors about lifting the subsidies and decreasing the budget of development programmes. These steps were taken to fulfil the requirements of the International Monetary Fund for the revival of the bailout programme.

The KSE-100 benchmark index went down by 0.55 per cent or 255.57 points and closed at 45,817.68 points. A decline was also recorded in the trading volume by 43pc. On a day-to-day basis, the trade value dropped to $33.5 million.

According to economic analysts, the rise in oil prices in the international market, rising account deficit, and a hike in circular debt have also played a key role in the decline.

News Desk

News Desk

Related Posts

Budget 2023-24: View the salient features of Finance Bill
Business

Budget 2023-24: View the salient features of Finance Bill presented by Ishaq Dar

June 9, 2023
YouTube is the most widely used platform in Pakistan
Tech

YouTube is the most widely used platform in Pakistan, unveils economic survey 2022-23

June 9, 2023
expectations from budget 2023
Business

What to expect from budget 2023?

June 8, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

TOP NEWS

YouTube is the most widely used platform in Pakistan

YouTube is the most widely used platform in Pakistan, unveils economic survey 2022-23

by Zain Aijaz
June 9, 2023

The Pakistan Economic Survey 2022-23 has unveiled that YouTube has emerged as the platform with most subscribers in country. The...

Canadian Wildfire disrupts flight operations across US

Wildfire in forests of Canada disrupts flight operations across US

by Zain Aijaz
June 8, 2023

The wildfire in Canada has disrupted flight operations in New York and Philadelphia. The smoke from the fire has caused...

Get Ready to Explore realme Narzo 50 with Helio G96 Processor

The Gaming Beast: Get Ready to Explore realme Narzo 50 with Helio G96 Gaming Processor

by Press Release
June 8, 2023

Lahore, Pakistan - Wednesday, June 07, 2023: Ever since its entry into the market, realme has been the brand that...

Moeen Ali returns to Test cricket after retirement

Moeen Ali returns to Test cricket after retirement of two years

by Zain Aijaz
June 7, 2023

After taking retirement from Test cricket in September 2021, English cricketer Moeen Ali has decided to return to the Test...

The Upcut is a news platform that brings you the latest news, developments from all walks of life, from all over the world. We cover Business, news from Pakistan and rest of the world, Sports, and Entertainment. You can also read Tech Reviews and How-To Guides for simple solutions and dailylife hacks.

BUSINESS   |   NATIONAL   |   WORLD   |   SPORTS   |   ENTERTAINMENT   |   TECH   |   HOW-TO GUIDES

  • Home
  • About Us
  • Privacy Policy
  • Editorial Guidelines
  • Contact Us
  • Stories

Copyright © 2022 The Upcut. All rights reserved.

No Result
View All Result
  • Business
  • National
  • World
  • Sports
  • Entertainment
    • ZABTHEATRE’23
  • Tech
  • Stories
  • Education
  • YourCut

Copyright © 2022 The Upcut. All rights reserved.

Go to mobile version