Karachi, December 1, 2020: During November, the market provided a return of 3percent MoM, closing above 41k levels (41,069) after closing below 40k in the preceding month. So far in 5MFY21, the KSE–100 has provided a healthy return of 19.3percent Among the major sectors, top performers on MoM basis included Engineering (22.4percent), Technology & Communication…
Karachi, August 29, 2020: After a short correction, the KSE100 index of Pakistan Stock Exchange (PSX) was witnessed a rebound this week, posting a gain of 3.6 percent WoW to close at 41,056 levels. The market received an adrenaline rush after confidence expressed by local and global fund managers over the outlook of the local…
Karachi, June 13, 2020: Amin Yousuf Balgamwala, chairman Pakistan Chemicals & Dyes Merchants Association (PCDMA) & former director of Karachi Stock Exchange has expressed deep concern over the not revision of valuation rulings in the customs for many years and demanded that the valuation of imported items be revised immediately keeping in view the value…
Karachi, October 19, 2019: During the week, the KSE-100 index decreased by 606 points (1.76 percent WoW) and closed at 33,870 points index level. The declining trend in market was owing to Political instability in the country as opposition March call is gaining momentum as they are going to organize in the last week of…
Karachi, May 14, 2019: The KSE-100 movements on Tuesday were reminiscent of a seesaw, where the local bourse juggled between green and red, making an intraday low of -209 points, followed by an intraday high of +167 points to close at 33,885 levels (down 15 points). According to the JS report, total volume was recorded…