The Pakistan equity market witnessed positive momentum during Thursday’s trading. Government took further requisite measures to meet the IMF demands. The benchmark KSE-100 Index closed at 40,670.88 points, up 258.11 points, or 0.64 per cent. KARACHI: The Pakistan equity market witnessed positive momentum during Thursday’s trading session based on the expectations that the government will … Read more
KARACHI: The Pakistan Stock Exchange (PSX) continued to remain positive and sequentially better volumes during Wednesday’s trading session, fuelled by the announcement that a Chinese bank has approved financing of $700 million to Pakistan, analysts said. An analyst at Pearl Securities said, according to the finance secretary of Pakistan, the International Monetary Fund (IMF) staff-level … Read more
The benchmark KSE-100 Index closed at 40,950 points, up 276 points, or 0.6%. The All-share volume increased 4% to 96 million shares. Analysts expect volatility to persist until the IMF ninth review is successfully concluded. KARACHI: The Pakistan equity market remained positive throughout the day after the government passed the Supplementary Finance Budget, 2023, … Read more
KARACHI: The Pakistan bourse remained volatile during Tuesday’s trading session on the back of uncertainty surrounding the ‘mini-budget’”, which is a prerequisite to move ahead with the stalled International Monetary Fund (IMF) programme, analysts said. An analyst at Pearl Securities said the volatility was further fuelled by the downgrade of Pakistan’s sovereign credit ratings by … Read more
KARACHI: A bullish trend continued at the Pakistan Stock Exchange (PSX) on Thursday, as the market opened in the green territory and traded healthy volumes throughout the session, analysts said. An analyst at Pearl Securities said a positive outcome was expected from the International Monetary Fund (IMF), as Finance Minister Ishaq Dar said that the … Read more
The KSE-100 Index closed at 41,723.32 points, up 200.6 points, or 0.48 per cent. An analyst at Pearl Securities said the market; however. The All-share volume increased 0.4 per cent to 298 million shares against 297 million shares the previous trading day. KARACHI: The Pakistan stocks witnessed volatility during Wednesday’s trading session on the … Read more
The Mixed session was observed at the Pakistan Stock Exchange (PSX) on Thursday. The KSE-100 Index closed at 40,733.51 points, up 113.57 points, or 0.28 per cent. The volumes decreased 5.3 per cent from 131.1 million shares to 124.1 million shares. KARACHI: Another mixed session was observed at the Pakistan Stock Exchange (PSX) on Thursday, … Read more
KARACHI: After two gloomy sessions, the bulls returned to the Pakistan Stock Exchange (PSX). The market opened in the green territory and remained in that range, as the investors choose to cherry picking selective equities at appealing levels in search of value to add to their portfolios. Ahsan Mehanti at Arif Habib Corporation said that … Read more
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bloodbath session on Tuesday. The benchmark KSE-100 Index opened in the green zone but the prevailing economic instability and political uncertainty plunged the index down to an intraday low of 1,432.94 points and concluded in the red zone, analysts said. “Whispers of a delay in the IMF … Read more
KARACHI: The equity market continued with Tuesday’s momentum and hit an intraday high of 42,880 points but was unable to sustain and lost to close at 42,458, losing 68 points, dealers said. An analyst at Pearl Securities said the market opened in the green territory where profit-taking was initiated in the first half of the … Read more
KARACHI: The Pakistan equity market remained under-pressure due to inflationary concerns arising out of the higher fuel prices, as across-the-board selling was observed in the last trading hour, which led the market to close in the red zone. An analyst at Pearl Securities said the market witnessed a lacklustre session and closed in the red. … Read more
KARACHI: The Pakistan equity market is poised for a strong year-end performance, owing to the ease-off in the global commodities, improving Pakistan’s macro outlook, International Monetary Fund (IMF)-related uncertainty largely behind and completion of the MSCI-related re-balancing, dealers said. The stocks posted marginal gains during the week ended December 10, 2021, amid depreciating rupee, rising … Read more
KARACHI: A range-bound trading was witnessed at the local bourse on Friday, as stocks closed lower, amid rising Covid cases, dealers said. Ahsan Mehanti at Arif Habib Corp said that the stocks closed bearish on investors’ concerns for economic uncertainty, amid Covid outbreak. “Weak rupee, falling global crude oil prices, circular debt crisis and uncertainty … Read more
