Karachi, July 06, 2020: Pakistan Stock Exchange (PSX) closed higher on first trading day of the week. On Monday KSE-100 index of went up 187 points during the session and made a comfortable close above 35200 level. E&P, OMC, Cement and Pharma sectors performed well. Although profit booking was also observed in Pharma sector. Fertilizer…
Karachi, June 29, 2020: Market had an eventful session, marred by the attack on Pakistan Stock Exchange in the early hours of trading, which was fought off and well managed by the Security forces. The index went down by 220 points in the early part of the session, but gradually recovered with +268 points and…
Karachi, May 29, 2020: Market traded in the positive zone today, which was primarily caused by slight improvement in international crude prices (as compared to yesterday). E&P, OMCs largely remained positive, whereas Cement and Banking sector scrips also rebounded from recent lows. Cement Sector stocks saw an attrition of 10 percent in the past couple…
Karachi, March 20, 2020: Some value buying was observed on the last trading session of week, as investor confidence improved following rebound in international markets and increase in oil prices. KSE 100 index gained 1.78 percent to close at 30,667 level. E&P sector led the market to close 7 percent higher. KEL led the volumes…
Karachi, January 30, 2020: President of Korangi Association of Trade & Industry (KATI) Sheikh Umer Rehan termed higher policy rate as one of the biggest hurdles in the way of industrialization in the country. He was addressing a seminar on SMEs arranged by Dubai Islamic Bank at KATI. He said that industrial community has learnt…