pakistan stock exchange brokers

Bears continue to haunt PSX as KSE-100 Index losses 796.48 points

November 24, 2021November 23, 2021 by Roman Ahmed

KARACHI: The Pakistan stocks witnessed yet another profit-taking session, amid higher inflation concerns, monetary tightening, and pressure persisting on the currency; thus, resulting in massive sell-off across-the-board on Tuesday. An analyst at Pearl Securities said for the second consecutive session, cement and technology sectors cumulatively eroded 329 points from the index. “Investors were panicked during … Read more

PSX remains bearish as index shed 744.41 points

November 22, 2021 by Roman Ahmed

KARACHI: Pakistan’s equity market witnessed massive profit-taking on Monday where the index dropped below 46,000 points, dealers said. An analyst at Pearl Securities said cement and technology sectors cumulatively eroded 351 points from the index, as the State Bank of Pakistan (SBP) raised the policy rate by 150bps; thus, the effect was seen in the … Read more

Pakistan stocks expected to pick up pace amid results season

October 20, 2021July 10, 2021 by Web Desk

KARACHI: After a lacklustre and range-bound outgoing week, analysts expect the stock market to pick up pace next week. “The results season is about to commence and we think that cyclical sectors can once again attract the limelight on the back of robust economic activity,” an analyst at Arif Habib Limited said. Moreover, oil prices … Read more

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