Karachi, August 1, 2019: The domestic equity bourse underwent a decline of 1,963 points in Jul’19, translating into a negative return of 5.8 percent MoM and 5.5 percent in USD terms; this is the worst performing month since Dec’18 whereby the market dipped by -8.5 percent MoM. According to Arif Habib research, this took the…
Karachi, July 24, 2019: Sentiments at Pakistan Stock Exchange were remained negative on Wednesday. Although market opened +10 points and went up by 49 points during the session. The index bore heavy selling pressure with a slide of 365 points by the end of the session. E&P, Fertilizer, Autos, Cement and Banking sectors bled throughout…
Karachi, May 17, 2019: KSE100 closed on a negative note for a seventh consecutive week taking 7 weeks loss to 15 percent. During the outgoing week, the index lost 1,550pts or 4.5% WoW, highest percentage loss after 30 weeks, closing at level of 33,167. The continuous fall in index level is due to, devaluation of…