Selling Pressure Drags KSE-100 Down by Over 700 Points Amid Global and Local Market Cues
The Pakistan Stock Exchange witnessed sharp selling pressure on Thursday as the KSE-100 Index dropped over 700 points, reflecting cautious investor sentiment influenced by both domestic developments and international market uncertainties.
Adamjee Insurance to Divest 6.5% Stake in Adamjee Life to Meet PSX Free-Float Rule
Adamjee Insurance announces the sale of a 6.5% stake in its subsidiary Adamjee Life Assurance via off-market transactions to comply with PSX free-float regulations, reducing its ownership from 90% to 83.5%.