KARACHI: The Pakistan equity market remained under pressure throughout the day on Wednesday due to the political instability, concerns on inflation and the lack of clarity on the resumption of the International Monetary Fund (IMF) programme. An analyst at Arif Habib Limited said that a bloodbath session was observed in the market today, despite opening … Read more
KARACHI: The Pakistan Stocks observed a range bound secession on Wednesday, where the KSE-100 Index remained volatile throughout the day due to expectation of a rate hike in the upcoming policy as Kibor reached a 13-years high. An analyst at Arif Habib Limited said that a rally in the refinery sector was witnessed due to … Read more
KARACHI: The Pakistan equity market remained volatile on Thursday due to further rupee depreciation and investors’ concerns over a hike in the Market Treasury Bill yields. An analyst at Arif Habib Limited said that despite opening in the green zone, the KSE-100 Index failed to sustain the positive momentum as profit taking was observed during … Read more
KARACHI: The Pakistan stocks opened with a positive note where bears took over for the rest of day, thus, the market ended in a red zone amid lack of positive triggers. An analyst at Arif Habib Limited said that the market witnessed another volatile session today, adding that the KSE-100 Index opened on a positive … Read more
KARACHI: The Pakistan Stocks witnessed a massive sell-off session after the National Assembly’s dissolution where Pakistan will start gearing up for fresh elections in the next 90 days under a caretaker Prime Minister. “The investors’ interest remained dwindled throughout the day on the concerns of dark political weather. Cumulatively, the banking, cement, and technology sectors … Read more
The last couple of weeks have witnessed a great deal of political hobnobbing aimed at bringing down the PTI-led coalition government, but people in the know of the unfolding political scenario still see the tabling of a no-trust motion against Prime Minister Imran Khan a far cry. Background interviews with the leaders of ruling party … Read more
ISLAMABAD: The exports of services from Pakistan witnessed an increase of 22.94 per cent during the first five months of financial year 2021/22 as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. The exports of services during July-November 2021/22 were recorded at $2720.94 million against the exports of $2213.16 … Read more
Indeed, Pakistan has witnessed a significant growth in family takaful business post-coronavirus pandemic but the overall industry is still not recognised in terms of getting maximum lives covered under the umbrella of Islamic Insurance (takaful), better yet, insurance. “The way society feels that banking is a basic need, it does not feel the same when … Read more
KARACHI: The Pakistan stocks opened on a bearish note as the KSE-100 index witnessed a decline of 289.83 points, or 0.67 per cent, in the first hour of trading on Friday. The local bourse closed bearish on Thursday amid reports of the first case of Omicron variant of the coronavirus in the country. The market … Read more
KARACHI: The Pakistan stocks opened on a bullish note as the KSE-100 index witnessed an increase of 153.15 points, or 0.35 per cent, in the first hour of trading on Wednesday. The Pakistan equity market closed bullish on Tuesday, as investors weighed the bull-run in the global equities and surge in the global crude oil … Read more
KARACHI: The Pakistan stocks opened on a bearish note as the KSE-100 index was down 32.13 points, or 0.07 per cent, in the first hour of trading on Monday. The Pakistan equity market witnessed a roller-coaster ride on Friday with the first session posting impressive gains in the oversold market; however, the second session witnessed … Read more
KARACHI: The Pakistan stocks opened on a bearish note as the KSE-100 index witnessed a decline of 835.11 points, or 1.84 per cent, in the first hour of trading on Thursday. The bourse on Wednesday remained in the green territory after the adjustment of the MSCI-related outflows, and the market momentum was supported by the … Read more
KARACHI: The Pakistan stocks opened on a bullish note as the KSE-100 index witnessed an increase of 249.15 points, or 0.55 per cent, in the first hour of trading on Wednesday. The Pakistan equity market on Tuesday witnessed profit-taking in the overbought market, as the investors remained concerned over surge in the Pakistan Investment Bond … Read more
KARACHI: Pakistan stocks opened on a bullish note as the KSE-100 Index witnessed a surge of 275.42 points, or 0.59 per cent, in the first hour of trading on Wednesday. The index on Tuesday went towards the red zone since the start of the trading session on news flow regarding uncertainty of the ongoing IMF … Read more
NEW DELHI: India’s capital New Delhi has witnessed a sharp increase in the number of dengue infections with 283 cases reported over the past week, according to data released by the city’s civic body on Monday. The new cases have pushed the total tally beyond 1,000 since the beginning of this year. According to the … Read more
ISLAMABAD: The leather exports witnessed an increase of 5.99 percent during the first three months of the current financial year (2021/22), compared with the exports of the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported. Pakistan’s exported leather worth $154.457 million during July-September 2021/22 against the exports of $145.733 million … Read more
