KARACHI: The Pakistan stocks exchange returned to the positive zone on Tuesday after witnessing a range-bound session owing to concerns regarding the economy of the country, analysts said. An analyst at Pearl Securities said that the bourse moved both ways with low volumes and closed in the green zone. “However, a lack of interest and … Read more
KARACHI: The Pakistan stocks exchange witnessed a bearish trend throughout the day on Thursday as the political uncertainty gripped the investors’ confidence, analysts said. An analyst at Pearl Securities said that the political uncertainty increased as the government registered cases against the Pakistan Tehreek-e-Insaf (PTI) chairman. “The State Bank of Pakistan (SBP) will hold a … Read more
KARACHI: The Pakistan bourse closed in the green territory on Wednesday, amid higher trades on financial results speculations and hopes for the release of the International Monetary Fund (IMF) tranche this week. “Surging global crude oil prices, the data on the 19 per cent year-on-year growth in oil sales in January 2022 and the expectations … Read more
KARACHI: Another lacklustre session was witnessed at the local bourse on Friday, wherein trading opened on a positive note and gained 200 points but eventually, due to the lack of positive triggers, the investors chose to book profit ahead of the rollover week. Ahsan Mehanti at Arif Habib Corporation said that the stocks closed lower, … Read more
KARACHI: Profit-taking was witnessed at the Pakistan bourse on Friday, as investors opted to square their positions; wherein, the market anticipates aggressive interest rate hike on December 14, dealers said. Ahsan Mehanti at Arif Habib Corporation said that the stocks closed lower on uncertainty over the monetary policy announcement next week and depreciating rupee. “[The] … Read more
KARACHI: The Pakistan stocks rebounded 2.76 per cent on the first day of the week on the back of several positive developments, with declining oil price topping the list, dealers said. An analyst at Pearl Securities said the international oil prices fell 10 per cent, amid new Covid-19 variant, while the Federal Cabinet approved $4.2 … Read more
KARACHI: The Pakistan stocks rebounded on Tuesday, as the rupee finally managed to recover against the dollar after an entire week of losses coupled with an absence of uncertainty on the political front, dealers said. Ahsan Mehanti at Arif Habib Corporation said that the stocks showed sharp recovery led by scrips across-the-board on robust data … Read more
The Pakistan Stock Exchange witnessed a mixed trend on the last day of the business week. The 100 Index remained in the band of 237 points on the trading day, but at the end of the day, the 100 Index closed at 45305 with an increase of 75 points. In the stock market today, 170 … Read more
The weekly report of the Pakistan Stock Exchange showed a bullish trend at the end of the business week. As per the details, PSX 100 index increased by 520 points in a week. PSX 100 index increased from 46385 to 46905 during the week. Market capitalization increased by Rs 82 billion in a week due … Read more
Pakistan Stock exchange witnessed an upward trend on Monday as KSE 100 Index gained 639 points and traded at the level of 43110. According to the details, the KSE 100 Index gained 316 points and traded at the level of 39949 on the first day of the business week. In the previous week, Pakistan Stock … Read more
