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Pakistan stock closes lower

Karachi, August 23, 2019: Pakistan equities closed Friday negative after a brief rally with benchmark KSE100 Index shedding 534 points, closing at 31,350 levels, down 1.7 percent. The local bourse came under pressure after the international media suggested that FATF’s Asia-Pacific Group has put Pakistan on blacklist due to many shortcomings in Pakistan’s efforts in…

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Stock closes lower

Karachi, July 30, 2019: Pakistan Stock Exchange was remained negative on Tuesday due to selling pressure. Market traded mostly in negative zone with a total loss of 248 points, which narrowed by the end of session close to -76 points and closing at 31,658 points. E&P, Refinery with the exception of O&GMCs contributed to selling…

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Pakistan Stock closes lower before Eid

Karachi, June 3, 2019: Last trading session before Eid and Budget ended negative for the course. Although clarity on EMOF and SEF was given by ECC last week, investors’ seemed concerned over Budget, which is likely to adopt tough budgetary measures to bring fiscal discipline.  Besides, rapidly falling international crude prices brought selling pressure in the…

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Stock closes on positive note

Karachi, May 24, 2019: Market opened on a positive note on Friday with +54 points and 3.4 million shares traded at the opening bell. However, profit booking started soon that took the index in negative territory. Although buying activity was not observed across the board, bulls were still found to be in control, which took…

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