Karachi, September 30, 2020: Early recovery was witnessed at the local bourse where the market moved to intraday high of +234 point then after the news regarding increased COVID cases and lockdown shattered overall sentiment market intraday low of -709 points to close at 40,571 level (down -633 points). Traded volume stood at 474 million…
Karachi, September 28, 2020: Last week’s rollover session had its trickle down impact on today’s trading session as well, primarily due to low settlement ratios. On top of it, political uncertainty caused by arrest of Opposition leader also caused ripples that resulted in index losing 1056 points during the session. The index closed -900 points….
Karachi, September 17, 2020: The benchmark index opened positive and touched a high of +350 points. The market remained in the green throughout the day and closed at 42,335 (+52 points) level. Overall volumes stood at 509 million shares, while value traded stood at US$91 million. PTC (8.8 percent), UNITY (3.2 percent), FFL (2.3 percent)…
Karachi, September 16, 2020: The PSX benchmark index blew both hot and cold today, making an intra-day high of +198 points and stopping to a low of -254 points, to finally close at 42,282 levels (-64 points). Volumes decreased by 26 percent DoD to 490 million shares, compared to 663 million shares in the previous…
Karachi, September 15, 2020: Market opened on a positive today, maintained positive momentum during the session but selling pressure in the end brought the index down by 165 points (unadjusted). Profit booking continues from past sessions, however, Investors have generally been switching positions from stocks that have nearly doubled from their recent bottoms (Cement) into…