Karachi, September 26, 2019: Market has been trading in a narrow range for the past week without breaching 31K level, although recent sessions have seen Index largely adjusting downwards. Selling pressure was evident in index heavy weights like ENGRO, LUCK, OGDC, PPL, HBL and UBL, which kept any increase firmly in check. Market on Close…
Karachi, September 24, 2019: After 2 days of negative closing, Pakistan Stock Exchange (PSX) on Tuesday decided to play in the green region as it opened upwards before retracing its steps to make a low of -315 points. At the end of the day, KSE 100 managed to close positive, making a high of +141…
Karachi, September 23, 2019: Start of the rollover week saw Market taking negative direction and an overall decline of ~400 points during the session. Although international crude prices were at similar levels as observed at the end of last week, local oil & gas chain showed receding stock prices from E&P to OMCs. Resultantly, OGDC,…
Karachi, September 20, 2019: The KSE-100 index movements on the last trading day of the week were similar to a seesaw, where the local bourse juggled between green and red, making an intraday high of +148 points and a low of -129 points to close at 32,111 levels (down 73 points). Total volume was recorded…
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…