Karachi, August 29, 2019: Pakistan Stock Exchange (PSX) witnessed negative sentiments on Thursday and index lost 479 points. According to Arif Habib Research quite an eventful day it was, from divestment of GOP’s stakes in OGDC and PPL to resolution of GIDC issue for Fertilizer Sector and HASCOL’s result announcement. Re-iteration of GOP’s intent to…
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 27, 2019: Pakistan Stock Market on Tuesday went down by 568 points at a point in time, which was mainly caused by Privatization Commission’s decision to divest Government’s holding in OGDC, PPL and KAPCO. By , news of 10 percent offload in each company was making, which brought significant selling pressure in these scrips,…
Karachi, August 26, 2019: Start of the rollover week marked the return of pain for investors as Pakistan Stock Market ended the session at a bearish note with an intraday slide of 939 points. Selling pressure was observed across the board, with major pressure in E&P, Cement, Power and Steel sectors. Crude oil prices hinted a decline, which…
Karachi, August 23, 2019: Pakistan equities closed Friday negative after a brief rally with benchmark KSE100 Index shedding 534 points, closing at 31,350 levels, down 1.7 percent. The local bourse came under pressure after the international media suggested that FATF’s Asia-Pacific Group has put Pakistan on blacklist due to many shortcomings in Pakistan’s efforts in…