The Pakistan equity market closed in the green zone on Thursday. Analysts recommend investors adopt the “Buy on Dip” strategy in the upcoming sessions. The (ADB) stated that it would give Pakistan around $2.3 billion in aid. KARACHI: The Pakistan equity market closed in the green zone on Thursday with bulls staying in control throughout … Read more
KARACHI: The Pakistan bourse opened on a bullish note as the KSE-100 index witnessed an increase of 197.07 points, or 0.43 per cent, in the first hour of trading on Monday. The local equity market closed higher on Friday, amid rising global commodity prices and the likely release of the International Monetary Fund (IMF) tranche. … Read more
KARACHI: The Pakistan’s equity market gained 1.68 per cent during the week ended January 7, 2022, amid rising global commodity prices and likely release of the International Monetary Fund (IMF) tranche, dealers said. The market outlook is guided by expected improvement on the external front through available financing from multilateral sources with the International Monetary … Read more
MUMBAI: Sumit Gupta has had a big year, turning 30, getting married and seeing his startup become one of India’s newest tech unicorns. Hampered by the coronavirus pandemic and too busy expanding and getting funding for his cryptocurrency platform CoinDCX, his team finally grabbed a few days on the beach in Goa to celebrate recently. “That … Read more
KARACHI: The Pakistan bourse opened on a bullish note as the KSE-100 index witnessed an increase of 137.78 points, or 0.31 per cent, in the first hour of trading on Friday. The Pakistan Stocks on Thursday rebounded and remained in a green zone on as the mini-budget was approved by the cabinet, while the year-end … Read more
KARACHI: The Pakistan bourse opened on a bullish note as the KSE-100 index witnessed an increase of 290.00 points, or 0.66 per cent, in the first hour of trading on Thursday. The local equity market started the day on a dull note on Wednesday, as the Federal Cabinet again delayed the approval of the refinery … Read more
KARACHI: The Pakistan bourse opened on a bullish note as the KSE-100 index witnessed an increase of 56.59 points, or 0.13 per cent, in the first hour of trading on Wednesday. The Pakistan stocks managed to close in a green territory as the global crude oil prices rose amid limited impact of Omicron virus on … Read more
KARACHI: The Pakistan stocks opened on a bullish note as the KSE-100 index witnessed an increase of 215.28 points, or 0.49 per cent, in the first hour of trading on Thursday. The Pakistan equity market witnessed a lacklustre session on Wednesday in the absence of any positive trigger, while investors’ interest was low, as participants … Read more
KARACHI: The Pakistan stocks witnessed a bullish trend at midday, as the KSE-100 Index registered an increase of 5.32 points, or 0.01 per cent, on Wednesday. The Pakistan stocks observed a profit-taking session on Tuesday, as the global markets turned red, amid concerns over the rapid spread of the Omicron virus globally. The current account … Read more
KARACHI: The Pakistan stocks opened on a bullish note as the KSE-100 index witnessed an increase of 219.20 points, or 0.40 per cent, in the first hour of trading on Tuesday. The local bourse closed in the green zone on Monday, as investors’ sentiment eased after the State Bank of Pakistan (SBP) cued short-term relaxation … Read more
KARACHI: The Pakistan stocks opened on a bullish note as the KSE-100 index witnessed an increase of 517.29 points, or 1.2 per cent, in the first hour of trading on Tuesday. The Pakistan equity market on Monday moved both ways on account of pressure on economic numbers along with the political disturbance. The investors’ interest … Read more
KARACHI: The Pakistan bourse opened on a bullish note as the KSE-100 index witnessed an increase of 220.43 points, or 0.50 per cent, in the first hour of trading on Monday. The stock on Friday, showed sharp recovery, amid higher trades in oversold stocks and short coverings, as investors’ weighed robust textile exports and remittances … Read more
KARACHI: As expected, the Pakistan stock market remained under pressure after the central bank increased the benchmark interest rate by 150 basis points against the general consensus of 100bps. Also, the news of the current account deficit deteriorating to $1.66 billion created further volatility in the market. “For the upcoming week, we expect the market … Read more
KARACHI: The Pakistan bourse quickly recovered after starting off with a bearish note as the KSE-100 index witnessed an increase of 402.17 points, or 0.87 per cent, in the first hour of trading on Friday. The local equity market on Thursday finished lower as resumption in rupee’s downtrend against the dollar dampened the market sentiment … Read more
KARACHI: The Pakistan Stock Exchange (PSX) opened on a bullish note as the KSE-100 index witnessed an increase of 87.25 points, or 0.19 per cent, in the first hour of trading on Thursday. The Pakistan equity market on Wednesday observed a profit-taking session on the back of concerns regarding the joint parliament session and anticipated … Read more
KARACHI: Pakistan Stock Exchange opened on a bullish note as the KSE-100 index witnessed an increase of 274.72 points, or 0.60 per cent, in the first hour of trading on Tuesday. The Pakistan bourse witnessed a profit-taking session on Monday, as the negotiations between Pakistan and the International Monetary Fund (IMF) have not ended which … Read more
KARACHI: The Pakistan stocks had a green outgoing week, while the analysts expect the market to show positivity in the upcoming week attributable to conclusion of talks with the International Monetary Fund (IMF) for the sixth tranche. “Moreover, support from Saudi Arabia in terms of safe deposits, IMF tranche, and the upcoming Sukuk issue is … Read more
KARACHI: The Pakistan stocks continued the bullish run, closing the week with a gain of 1.1 per cent, as easing political tensions and rallying global equities lifted the market sentiment, dealers said. Ahsan Mehanti at Arif Habib Corporation said that the bullish activity continued on surging global equities and Brent crude oil prices to over … Read more
