KARACHI: The Pakistan equity market on Tuesday closed lower amid investors’ concerns over rupee falling to record low and political uncertainty. “The investors’ concerns over the current account deficit and higher import bills owing to surging global crude oil, coal and steel prices played a catalyst role in the bearish close,” Ahsan Mehanti at Arif … Read more
KARACHI: The Pakistan bourse on Thursday showed slight recovery led by selected scrips on upbeat data of $22.55 billion exports (July-February) of 2022 along with Prime Minister’s relief package and incentives for new industry. “The global stocks recovery and surging global crude oil prices played a catalyst role in the bullish close,” Ahsan Mehanti at … Read more
KARACHI: The benchmark KSE-100 Index witnessed a massive sell-off as President Putin ordered military operation and Russian forces launched a full invasion in Ukraine, dealers said. An analyst at Pearl Securities said that with the Russian invasion of Ukraine, the global markets also turned red. “Additionally, the international oil prices rose above $105/barrel, which dampened … Read more
KARACHI: The Pakistan equity market witnessed mixed activity on Tuesday, as the investors’ confidence was boosted later in the day with the news of easing tension between Russia and Ukraine. An analyst at Pearl Securities said that the news regarding the pulling back of some Russian troops from the Ukraine border coupled with the decline … Read more
