Karachi, April 07, 2020: The Pakistan Stock Exchange (PSX) closed green on the second trading day of the week as it was closed lower on first day. Market opened on a positive note with +75 points and 0.8 million shares traded at the opening bell. The index continued the surge throughout the session, increasing by…
Karachi, March 31, 2020: Market opened on a positive note today with 62 points and did not see back since then. The ascent continued till 1311 points in the benchmark index and closed the session +1242 points (unadjusted). The overriding factor that helped investors take a positive view on the market seems to be weakening…
Karachi, March 12, 2020: Corporations across the globe undertake various initiatives as a part of being socially responsible and to demonstrate their care and concern for the society they operate in. Even though art has proven to be an integral part of societal growth and change, it receives a mere 4% of the global corporate…
Karachi, March 10, 2020: This afternoon at 1:00 pm, Engro informed that an employee of Engro Corporation on 8 Floor of The Harbour Front (THF) Building, has tested positive for the COVID-19 Coronavirus. Said employee was last in office for only a few hours on Friday, March 6, 2020. These circumstances, based on medical advice…
Karachi, March 10, 2020: Market rebounded today erasing most of the losses sustained yesterday. Market opened on a positive note today with +145 points, however, dipped again and lost 145 points (intra-day). Oil & gas stocks kept the selling pressure on, due to low oil prices that maintained a plateau of ~U$34/bbl. Interestingly, both OGDC…