KARACHI: The Pakistan equity witnessed a bloodbath session on Thursday owing to renewed pressure on the investors’ confidence amid disturbed local conditions besides decline in the global equities, analysts said. An analyst at Pearl Securities said that the bourse remained under severe pressure with moderated volume and ended with a bloodbath. “The bloodbath was seen … Read more
KARACHI: The Pakistan bourse managed to close in a green territory, as recovery was seen in the chemical and power sectors owing to the corporate results coupled with healthy dividend announcements. Ahsan Mehanti at Arif Habib Corp said that the stocks closed higher on strong financial results and record receipts in Roshan Digital Accounts (RDAs). … Read more
KARACHI: The depreciating rupee, rising deficits and anticipation of sharp jump in interest rates dragged the Pakistan stocks down 2 per cent during the week ended December 3, 2021, dealers said. However, with the ease in the global commodities improving Pakistan’s macro-outlook, the International Monetary Fund (IMF)-related uncertainty largely behind and the MSCI-related rebalancing, the … Read more
