KARACHI: The Pakistan stocks market closed higher on Monday as the investors’ activity increased in the gas sector owing to news flows regarding the government’s plans to cut circular debt, analysts said. An analyst Pearl Securities said that the benchmark KSE-100 Index started the week with a bullish momentum and remained positive throughout the day … 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: 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 market remained in the green territory on the first day of the month after the adjustment of the MSCI-related outflows, dealers said on Wednesday. An analyst at Pearl Securities said the cement sector contributed the most, adding 111 points to the index, as the coal prices came below $120/tonne. “During the … Read more
