The Pakistan Stock Exchange KSE-100 shares Index gained 395.45 points. The market reached an intraday high of 41,028 and a low of 40,349. Analysts suggest investors adopt the “Sell on Strength” strategy in the upcoming sessions. KARACHI: The Pakistan equity market closed on a positive note on Monday as renewed optimism prevailed among the investors … Read more
KARACHI: The Pakistan bourse witnessed a bloodbath session on Friday due to the political unrest and rupee depreciation against the dollar. The market witnessed dull activity in the first session while across the board selling was observed in the second session due to the last working day of the week, an analyst at Arif Habib … Read more
KARACHI: The Stocks witnessed a lackluster session on Monday as the investors remained wary of the fresh conditions imposed by the International Monetary Fund (IMF), which would result in increased cost of production and inflation. An analyst at Pearl Securities said that the benchmark KSE-100 Index witnessed a dull session as the IMF in its … Read more
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
KARACHI: The Pakistan Stocks Exchange (PSX) witnessed volatility on Tuesday due to the ongoing talks with the International Monetary Fund (IMF) that kept the investors at bay, dealers said. Ahsan Mehanti at Arif Habib Corp said that profit-taking was witnessed at the bourse on pre-budget uncertainty. Investors remained concerned over the slump in the global … Read more
