Karachi, February 17, 2020: Market witnessed dull activity today barely trading 100 million shares, even lower than 118 million shares observed on Friday. E&P, Fertilizer, Cement and OMCs bore selling pressure, and even Banking sector (barring HBL) faced selling pressure. News related to HBL’s irregularities in New York branch caused panic amongst investors, however, HBL…
Karachi, February 11, 2020: Pakistan equities closed Tuesday on a positive note with the benchmark KSE100 Index gaining 417 points, closing at 39,714 levels, up 1.1 percent. Market remained lackluster in today’s trading session with value buying witnessed ahead of the result season. HUBC (+4.3 percent), LUCK (+2.4 percent), OGDC (+1.5 percent), PSO (+3.3 percent),…
Karachi, January 16, 2020: Market maintained the range bound activity, witnessed for the past 2 sessions, where the index moves both directions and in the end maintains 43K level. Political uncertainty has so far kept the otherwise bright outlook muddled. Banking sector scrips also held on to price levels, whereas Index heavy weights such as…
Emirates, the world’s largest international airline, will conclude 2019 with a successful string of product, network, and customer experience highlights. The airline will usher in 2020 with a continued focus on strengthening its business across operational, commercial and customer experience metrics, and excitement for Expo2020 – the world’s greatest show – which will open its…
Karachi, November 29, 2019: Market went up again by +746 points during today’s sessions, following the resolution of General Bajwa’s extension, however, the market closed with +581 points. Market saw brisk buying activity with major contribution from Banks. Though E&P remained positive, even better performance was seen in Refinery and OMCs sectors. Banks realized trading…