plunges
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PSX plunges as profit-taking, year-end pressure weigh on sentiment
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[ad_1] A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The stock market plunged sharply on Thursday, continuing its downward spiral as profit-taking and…
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PSX plunges 3.68% after ‘election upset’ | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) nosedived by 3.68%, equivalent to 2,362 points, soon after opening on Friday. Panic selling ensued in the aftermath of the upset in the general elections, causing the index to hit a 10-day low…
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Gaza conflict: Israeli currency plunges to almost 8-year low
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[ad_1] A currency dealer holds packets of Israeli currency. — AFP/File Amid rising tensions in the Middle East in the backdrop of the Gaza conflict Israeli currency — shekel— fell to an almost eight-year low against the US dollar on…
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Gold price in Pakistan plunges by Rs2,500 per tola
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[ad_1] An undated image of gold jewellery showcased in a jewellery store. — AFP/File Gold price in Pakistan witnessed a decline on Saturday as per tola price of yellow metal declined by Rs2,500 amid nominal increase in the international rates….
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Rupee plunges 5.38 against dollar to fresh low
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[ad_1] A currency exchange dealer counts $100 bills. — AFP/File As political uncertainty intensified across the country Wednesday following the arrest of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, the exchange rate was also affected, with the rupee falling to a…
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KSE-100 index plunges over 2,000 points after PM announces ‘tough’ policies
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[ad_1] Pakistan Stock Exchange — AFP KARACHI: Immediately after Prime Minister Shehbaz Sharif announced “tough decisions” the government had made in the federal budget for the forthcoming fiscal year 2022–2023, the Pakistan Stock Exchange (PSX) on Friday saw a bloodbath….
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PSX plunges after PM Shehbaz announces ‘super tax’ | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) on Friday nosedived almost 5% (over 2,000 points), in a duration of approximately 22 minutes, after Prime Minister Shehbaz Sharif announced a new ‘super tax’ to target large-scale industries. The PSX plunged to…
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Oil plunges 5% on recession fears
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[ad_1] Oil pump under the blue sky with beam pumping unit in the oil field. -Picture CNBC Hong Kong: Oil prices plunged more than 5% Wednesday as traders grow increasingly worried that demand for the commodity will take a hit…
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Rupee plunges to 209.96 vs dollar | The Express Tribune
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[ad_1] KARACHI: Pakistani currency remained highly volatile, as it plunged to a record low at Rs209.96 against the US dollar in the inter-bank market on Monday on conflicting reports that commercial banks were running short of foreign currency to pay…
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‘EU plan to quit Russian fuel plunges Pakistan into darkness’ | The Express Tribune
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[ad_1] Pakistan’s power woes that are plunging the country into the darkness with planned load-shedding of more than 12 hours stem from Europe’s decision to quit buying Russian fuel. According to Bloomberg, the world’s fifth-most populous country invested in LNG…
