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Stock declines 723 points

Karachi, August 7, 2019: Pakistan Stock Exchange was remained negative on Wednesday. Index closed at day’s low at -771 points (unadjusted), which was caused by a host of factors including weak economy, confrontation between Pakistan & India on Kashmir issue and poor results. Redemption at mutual funds kept the flow of selling across the board….

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Pakistan Stock remained slide

Karachi, August 2, 2019: Following the trend of past 3 months, Pakistan Stock Market slid again following the close of rollover week and saw index slip by a total of 405 points, ending the session with -172 points. E&P, Banks and Power sectors contributed to the decline in index, where selling pressure was observed in…

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PSX trades in narrow range

Karachi, August 1, 2019: Pakistan Stock Exchange on Thursday traded in a narrow range with an oscillation between -158 points and +122 points, and ended the session at -99 points. O&GMCs, Cement and Chemicals traded in red most of the session, whereas Steel continued moving upward, carrying the trend from yesterday. Large cap Banks and…

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Stock closes lower

Karachi, July 30, 2019: Pakistan Stock Exchange was remained negative on Tuesday due to selling pressure. Market traded mostly in negative zone with a total loss of 248 points, which narrowed by the end of session close to -76 points and closing at 31,658 points. E&P, Refinery with the exception of O&GMCs contributed to selling…

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