Karachi, February 01, 2021: Market re-tested a high towards 47k level today and again met profit booking around 46,700 level, bringing down the Index by 173 points (unadjusted). During the session, the index oscillated +377 points and -197 points. Refinery, Fertilizer and Chemical sectors remained in the limelight, with buying activity, whereas Banks, E&P, O&GMCs…
Karachi, January 12, 2020: The benchmark KSE100 index closed positive at 45,922 levels (up 317 points.) after making a high of +408 points. Mostly activity was seen in the second and third tier stocks where KEL (12.2 percent), HU MILLIONL (10.1 percent), UNITY (7.1 percent), PIBTL (2.0 percent), SILK (1.6 percent), TRG (6.5 percent) and…
Karachi, january 9, 2020: The KSE-100 Index started the new year with renewed optimism, led by a bullish spree in IPP scrips, following the announcement of the plan for circular debt resolution. Moreover, oil prices saw a jump of 7.8 percentWoW, as reports came in of Russia abstaining from pushing for an output hike in…
karachi, january 8, 2020: KSE 100 index extended its gain by 2.7 percent on WoW basis. Major events during the week were cement sales number posting a 11.18 percent YoY growth, ECC approving removing 2 percent additional customs duties on 152 tariff lines, SBP reserves increasing by $258 million to stand at $20.512 billion trade…
Karachi, December 3 . 2020: The KSE-100 index made an intraday high and low of +385 & -18 points respectively and closed at 42,048 level (up 20 points). On the economic front, rating agency. Fitch has said that the Pakistan’s real GDP growth for fiscal year 2020-21 stands at a meager 0.8 percent and could…