PSX remains bearish – BOL News Staging

PSX remains bearish amid profit-taking

December 21, 2021 by Web Desk

KARACHI: The Pakistan stocks observed a profit-taking session, as the global markets turned red on Tuesday, amid concerns over the rapid spread of the Omicron virus globally, dealers said. “On the local front, the current account deficit [has been] reported at $1.9 billion in November 2021 [to reach] $7 billion for [the] 5MFY22 [five months … Read more

PSX remains bearish; KSE-100 Index down 635 points

December 16, 2021December 16, 2021 by Shaista Zafar

KARACHI: The Pakistan bourse tumbled on Thursday, as the less-than-expected rate hike and the central bank’s forward guidance was disregarded by the market after the T-Bills target was missed and yields didn’t ease, dealers said. The State Bank of Pakistan (SBP) raised Rs1,285 billion against the target of Rs1,400 billion at an auction held on … Read more

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