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, April 6, 2020: The Pakistan Stock Exchange (PSX) closed lower on the first trading day of the week. The market opened on a positive note this morning but came under the hammer nose diving 1,118 points to finally close at 30,579 levels, down 3.3 percent. Overall market remained bearish with low volumes and limited…
Karachi, April 03, 2020: Market opened with a strong +488 points with traded volume of 5.1 million shares on the opening bell. Overnight skyrocketing performance of crude oil (which saw a jump of ~+35 percent), kept the sentiment strong and elevated till today, although international crude prices started correcting in the early hours. Positive vibes…
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 24, 2020: First session in lockdown saw a wait-and-see stance at large from investors and an eventual slump in stock prices to lower circuit breakers. The market witnessed the 7th halt, which lasted 2 hours, and further shortened the already reduced market timings. Post halt, index continued trending down and saw the plunge…