Karachi, September 19, 2019: Bears were defeated in Thursday’s trading as market witnessed recovery. The market opened positive and touched a high of +680 points as institutional participation was witnessed mainly in the main board stocks. The market remained green throughout the day and closed at 32,184 level. Positive sentiments in the market can be…
Karachi, July 19, 2019: Pakistan Stock Index oscillated ~650 during the session with +240 points and -408 points. The first session ended 240 points down and 49 million shares traded, whereas the second session saw a recovery in the index resulting in +240 points (unadjusted). News of State Enterprise / Market Opportunity Fund by State…
Karachi, May 23, 2018: Stocks in Pakistan enjoyed a dramatic, V-shaped recovery after intense sell-offs in the past few weeks. The KSE100 Index has staged an impressive 6.4 percent rally over the past 2 days. Cheaper valuations and the potential for continued profit gains helped support this rebound among equities. At the end of the…
Karachi, May 20, 2019: Pakistan Stock Exchange closed higher on Monday. KSE100 index showed first signs of recovery and that too on a day when SBP is scheduled to announce monetary policy and layer announced a 150bps hike, however, the market seems to have incorporated it already. Buying activity was observed in index heavyweights after…