Karachi, November 20, 2019: After managing a bull run that added ~10,000 points from its low, the market finally took corrective stance with index plunging 587 points and closing the session at that note (unadjusted). Selling pressure was evident in Cement, E&P, O&GMCs and Banking sector stocks. Although dust is seemingly settling on political front,…
Karachi, November 13, 2019:Bears were defeated in today’s trading as market witnessed a robust recovery. Although the market opened negative, touching a low of -285 points, it later recovered as institutional participation shifted the market into green trajectory and the index made an intraday high of +524 points to close at 37,167 (+401 points) level….
Karachi, October 18, 2019: Pakistan equities closed Friday on a negative note with benchmark KSE100 Index shedding just 28 points, closing at 33,870 levels, down 0.1 percent. Pakistan has until February to improve its counter-terror financing operations in line with an internationally agreed action plan or face actions against it. Moreover, Jamiat Ulema-i-Islam Chief Maulana…
Karachi, October 04, 2019: Pakistan Stock Market continued the ascend on the last trading day of the week with an overall increase of 302pts and closed at that level (unadjusted). Buying activity was mainly seen in Cement and Steel sectors, and was further aided by O&GMCs, E&P and Banks. Optimism in the market is fueled…
Karachi, October 01, 2019: Pakistan equities closed Tuesday on a positive note with benchmark KSE100 Index gaining 175 points, closing at 32,254 levels, up 0.6 percent. Local bourse remained range bound throughout the session but saw brief positivity in the later hours of the trade. Cements were the major gainer in today’s trade where KOHC…