Karachi, December 10, 2019: Market traded in a narrow range oscillating between -184 points and +222 points. Activity remained relatively slow as compared with yesterday, but buyers were cautious of market correction, which was anticipated since last week. Autos, Steel, Cement and Banking sector stocks saw selling pressure. Vanaspati sector led the volumes with 30.5M…
Karachi, October 08, 2019: Market traded in a narrow range but oscillated between +235 points and -228 points, and closed the session -160 points (unadjusted). Market has until now seen a gradual ascend with a cumulative increase of 5200 points amidst brief consolidation. The overall sentiment appears still positive, though investors seek profit booking and…
Karachi, September 26, 2019: Market has been trading in a narrow range for the past week without breaching 31K level, although recent sessions have seen Index largely adjusting downwards. Selling pressure was evident in index heavy weights like ENGRO, LUCK, OGDC, PPL, HBL and UBL, which kept any increase firmly in check. Market on Close…
Karachi, August 30, 2019: Market traded in a narrow band of +/-150 points during the first session, and closed the session at -86 points. Bearish pressure carried on in E&P sector from yesterday and saw appointment of financial advisor by Privatization Commission for OGDC and PPL. Besides, Fertilizer Sector that came out as winner due…
Karachi, August 1, 2019: Pakistan Stock Exchange on Thursday traded in a narrow range with an oscillation between -158 points and +122 points, and ended the session at -99 points. O&GMCs, Cement and Chemicals traded in red most of the session, whereas Steel continued moving upward, carrying the trend from yesterday. Large cap Banks and…