Karachi, May 28, 2020: Market opened on a negative on Thursday and maintained the negative trajectory, realizing a loss of 238 points during the session and closing -141 points. International crude prices slipped overnight to trade near US$31.5/bbl, which was approx. 4 percent down from the level KSE100 saw on last Thursday, before the market…
Karachi, May 15, 2020: As per expectation, the State Bank of Pakistan (SBP) has announced to reduce the key policy rate by 100 basis points to 8 percent in meeting of monetary policy committee held on Friday. At its meeting on15 th May 2020, the Monetary Policy Committee (MPC) decided to reduce the policy rate…
Karachi, September 20, 2019: The KSE-100 index movements on the last trading day of the week were similar to a seesaw, where the local bourse juggled between green and red, making an intraday high of +148 points and a low of -129 points to close at 32,111 levels (down 73 points). Total volume was recorded…
Karachi, September, 17, 2019: The KSE-100 Index blew both hot and cold on Tuesday, making an intra-day high of +177 points and stoping to a low of -159 points, to finally close at 31,909 levels (-20 points). Volumes increased by 17 percent DoD to 122 million shares, compared to 105 million shares in the previous…
Karachi, September 13, 2019: Market traded in a narrow range on Friday between +83 points and -267 points with a total volume of 103 million shares. Mixed trend was witnessed in E&P scrips that brought the index in red zone. Cement and Steel sector scrips also made positive moves with ASTL and MUGHAL hitting upper…