Karachi, August 29, 2019: The Managing Committee at PSX Stockbrokers Association (PSA) on behalf of its members and TREC Holders / Stock Brokers of Pakistan Stock Exchange (PSX) felicitates Prof. Khalid Mirza, for being reinstated as Chairman – Securities and Exchange Commission of Pakistan – Policy Board. He is fully aware of the issues contributing…
Karachi, August 21, 2019: Pakistan Stock Exchange (PSX) continued the ascent on the third consecutive session on Wednesday, with an overall increase of 554 points giving confidence to the retail and institutional Investors alike that perhaps the worst is over. Index heavyweights such as OGDC, HBL, UBL, ENGRO, LUCK played a major role in pulling…
By Khurram Shehzad Pakistan Equities are trading at historic lows/deep discounts to Asia Region! As per data of the world’s Top-10 worst equity markets, PSX stands as the worst-performing market so far with well over 20 percent decline YTD19; for reasons that have massively overplayed at the domestic equities. From a common perspective, for instance,…
Karachi, August 16, 2019: Pakistan Stock Exchange continued trending down even after a break of a week. A host of negative news flow on economic front as well as on the border kept Investors’ nerves jittery. Mutual Funds have lately been the dominant seller, for reasons of redemption, in E&P, Power and Banking sectors. Other…
Karachi, Augst 10, 2019: Unwarranted selling and fragile sentiments witnessed at the Pakistan Stock Exchange during then last week correlated to India’s inexcusable revocation of Kashmir’s special status. According to Arif Habib Research, once again brought to the forefront, political rivalry between the two nuclear-armed South Asian neighbours. With peace in the region tested, investors…