Stock Market Faces Severe Decline, Investors Lose Billions

Interbank exchange rate for the US dollar saw a slight decrease.

KARACHI: The Pakistan Stock Exchange witnessed a sharp downturn, with the index plummeting by over 3,000 points, resulting in significant financial losses for investors.

The business week started with a negative trend, as the 100-Index dropped by 3,297 points, reaching a level of 115,499. In comparison, the index closed the previous business week at 118,791 points.

Meanwhile, the interbank exchange rate for the US dollar saw a slight decrease. According to the Exchange Companies Association, the dollar’s value dropped by 7 paisas, settling at 280.40 PKR.

Read more: Currency exchange rates in Pakistan today – April 7, 2025

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