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
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 stocks witnessed selling pressure on Tuesday prompted by delays in the government reaching an agreement with the International Monetary Fund (IMF) pertaining to the ninth review, analysts said. An analyst at Pearl Securities said downward pressure was further fuelled by the Economic Coordination Committee’s (ECC) decision to increase the gas tariffs to … 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
Pakistan equity market witnessed a strong rally on Wednesday. The benchmark KSE-100 Index reached an intraday high of 39,946 points. The market resumed with the same optimistic outlook as the previous closing. KARACHI: the Pakistan equity market witnessed a strong rally on Wednesday, despite prevailing political turmoil, as bullish momentum was fuelled by the prime … Read more
The Pakistan bourse witnessed a rally on Tuesday. Pakistan later this week to break the deadlock on the IMF ninth review. The All-share volume increased 121 per cent to 180 million shares. KARACH: The Pakistan bourse witnessed a rally on Tuesday, fuelled by the news that the International Monetary Fund (IMF) mission is expected to … 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 Pakistan equity market closed higher on Wednesday following a range-bound session as investors’ opted for a cautious approach due to the uncertain economic and political environment, analysts said. An analyst at Pearl Securities said that the KSE-100 Index had a volatile session and moved both ways amid mixed trading activities. However, volumes remained … Read more
The Pakistan equity market closed in the green zone on Thursday after witnessing a range-bound session. The KSE-100 Index settled at 42,085 level, up 0.19 percent. The investors’ participation remained low, which caused the volume to decline sharply. KARACHI: The Pakistan equity market closed in the green zone on Thursday after witnessing a range-bound session … Read more
The Pakistan Stock Exchange KSE-100 shares Index gained 126.39 points, or 0.30 per cent to close at 42,211.64 points. Finance Minister Ishaq Dar’s statement that Pakistan will not seek debt restructuring from Paris Club also contributed to positive sentiments. KARACHI: The Pakistan bourse closed higher on Monday as the market was anticipating a cut in … Read more
KARACHI: The Pakistan equity market closed in the red zone on Thursday, as the global indices fell, amid an increase of 75 basis points by the US Federal Reserve to counter global inflation. An analyst at Pearl Securities said that the pressure on currency kept continuing which dragged down the investors’ interest. “However, recovery was … Read more
The Pakistan Stock Exchange KSE-100 shares Index gained 1.78 per cent, or 764.25 points, to close at 43,621.82 points. Volumes remained healthy in the main board although hefty volumes were witnessed in the third tier stocks. KARACHI: The bulls remained active at the Pakistan Stock Exchange on Monday, as the market celebrated the news of … Read more
KARACHI: The Pakistan equity market remained volatile on Wednesday due to political unrest and higher commodity prices, while managing to close in green on value hunting during the last hour of trading, dealers said. “The military conflict between Russia and Ukraine has taken over the global and local markets, as the international commodity prices are … 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 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
KARACHI: The Pakistan equity market is witnessing a rising trend of foreign investment, as the country’s economy is returning to normalcy after some relief from the Covid-19 pandemic. “The local market is expected to attract net inflow of $150 to $200 million in 2022, as the country make progress with the International Monetary Fund (IMF), … Read more
KARACHI: The Pakistan equity market moved both ways where profit taking was observed in the cement sector in the first half session, as Indonesia banned the export of coal to avoid power outages. However, aggressive activities were seen in penny stocks, which cumulatively cushioned the market sentiment. “[The] stocks closed higher led by oil and … 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: The Pakistan equity market witnessed profit-taking in the overbought market, as the investors remained concerned over surge in the Pakistan Investment Bond (PIB) yields by up to 246bps, weak global equities and slump in the global crude oil prices, dealers said. An analyst at JS Global said foreign flows were talk of the town … Read more
KARACHI: The Pakistan equity market again observed a profit-taking session on the back of concerns regarding the ongoing joint parliament session and anticipated hike in the interest rates, dealers said on Wednesday. An analyst at Pearl Securities said despite the rupee appreciation, selling pressure persisted at the bourse. “The cement sector eroded 120 points from … Read more
KARACHI: The Pakistan equity market started the week on a bullish momentum where optimism prevailed amid exports growing by an impressive 17.3 per cent in July. Moreover, inflation standing at 8.4 per cent also raised the market sentiment. Ahsan Mehanti at Arif Habib Corp said that the stocks showed recovery in the earnings season, amid … Read more
