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 bourse staged a mild recovery on Friday, as the investors opted for bottom-fishing in the oversold market, dealers said. Ahsan Mehanti at Arif Habib Limited said that the stocks showed sharp recovery, amid higher trades in oversold stocks and short coverings, as investors’ weighed robust textile exports and remittances in October 2021. … Read more
KARACHI: The Pak Agro Packaging Limited (PAPL) becomes the first company to be listed on the Pakistan Stock Exchange (PSX) Growth Enterprise Market (GEM) Board, a statement said on Friday. A gong ceremony was held at the PSX to mark the event where Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin was … Read more
On Tuesday, the KSE-100 Index increased by over 370 points on the second day of the trading week. According to the details, the index stood at 41,153.05 when trading closed for the day, after a net gain of 360.5 points. This represented a 0.90% increase in value. During the session, a total of 15,144,992,870 shares … Read more
Farrukh Hussain Khan has assumed the charge of Chief Executive Officer (CEO) Pakistan Stock Exchange here on Monday. Farrukh Hussain Khan, who was appointed by the Board of Directors of Pakistan Stock Exchange Limited (PSX) with the approval of the Securities and Exchange Commission of Pakistan as Chief Executive Officer (CEO) of PSX, has assumed … Read more
The Pakistan Stock Exchange (PSX) continued to show downward trend as the bench market KSE 100-index lost 466 points on the first day of trading week. The bearish trend continued to prevail in the Pakistan Stock Exchange, when the bells rang to kick off the trading day. The KSE 100-index dropped down by 466 points … Read more
Pakistan Stocks Exchange on Monday the first day of the business week witnessed a huge blow as the 1000 points decreased in index. As per details, KSE 100 Index came down to the level of 40625 points. The PSX continued its bearish trend of last week and plunged 1000 points. According to the economic analysts, … Read more
Pakistan Stock Exchange (PSX) witnessed mixed trend during the outgoing week ended on December 13, 2019. BRIndex100 closed at 4,270.92 points, down 9.57 points on week-on-week basis. Average daily trading volumes stood at 245.698 million shares. BRIndex30 gained 39.25 points to close the week at 22,289.40 points with average daily turnover of 174.079 million shares. … Read more
