Karachi, August 20, 2020: Market opened on a positive note today with +29 points, however, couldn’t carry the momentum showed in the previous sessions and posted a loss of 372 points in total during the session. The index closed -340 points (unadjusted). Selling activity was observed in Fertilizer, Cement, Refinery and O&GMCs and intensified by…
Karachi, August 12, 2020: The benchmark KSE-100 index closed in negative territory, making a high and low of +559 and -169 points respectively, to finally close at 40,473 levels, down 86 points. The market remained active in today’s trading session but came under slight pressure in the second half with Cements and E&Ps being the…
Karachi, August 05, 2020: Market opened on a positive note with +73 points and carried the momentum on the back of Banking sector, however, selling activity brought the Index down by 152 points erasing the gains posted earlier in the session. Market bounced back on the report of increase in cement price / bag, which…
KARACHI, July 27, 2020: The KSE-100 index f Pakistan Stock Exchange (PSX) closed at 38,221 points as against 37,608 points showing increase of 614 points. Following SBP’s decision to defer Monetary Policy for next 2 months, gave banking scrips the much needed impetus to rally. Anticipation of further rate cut died with SBP’s decision and…
Karachi, July 22, 2020: The market remained range-bound making an intraday high and low of +286 & -148 points respectively, to finally close at 37,805 levels, +0.3 percent. Traded value stood relatively low at $106 million, down 9 percent and volume stood at 405 million shares, down 11 percent. Furthermore, major contribution to total market…