Karachi, August 7, 2019: Pakistan Stock Exchange was remained negative on Wednesday. Index closed at day’s low at -771 points (unadjusted), which was caused by a host of factors including weak economy, confrontation between Pakistan & India on Kashmir issue and poor results. Redemption at mutual funds kept the flow of selling across the board….
Karachi, August 2, 2019: Following the trend of past 3 months, Pakistan Stock Market slid again following the close of rollover week and saw index slip by a total of 405 points, ending the session with -172 points. E&P, Banks and Power sectors contributed to the decline in index, where selling pressure was observed in…
August 01, 2019: Revision study for calculating effective Exchange Rates for Pakistan has been issued. The concept of effective exchange rate , which includes nominal (NEER) and real effective rates (REER), occupies a prominent place in macroeconomic analysis as it provides valuable information about a county’s relative position, in terms of competitiveness of its goods…
Karachi, August 1, 2019: Pakistan Stock Exchange on Thursday traded in a narrow range with an oscillation between -158 points and +122 points, and ended the session at -99 points. O&GMCs, Cement and Chemicals traded in red most of the session, whereas Steel continued moving upward, carrying the trend from yesterday. Large cap Banks and…
Karachi, July 31, 2019: Pakistan Stock Exchange (PSX) rebounded finally on the last day of July. Positivity was seen across the board and was led by activity in cement and steel sectors. Among Autos, HCAR and GHNI, and Steel, ISL, hit upper circuits. E&P Sector saw positivity since start of the session on the back of…