Karachi, June 3, 2019: Last trading session before Eid and Budget ended negative for the course. Although clarity on EMOF and SEF was given by ECC last week, investors’ seemed concerned over Budget, which is likely to adopt tough budgetary measures to bring fiscal discipline. Besides, rapidly falling international crude prices brought selling pressure in the…
Karachi, May 30, 2019: Market carried with the momentum showed yesterday and opened on a positive note today with +259pts and 3M shares traded on the opening bell. During the session, the index went up by 577pts however, selling pressure brought the market down to -304pts at a point in time again. The main cause…
Karachi, May 29, 2019: Market bounced from the word Go. Within minutes of initial trading, the index was +150 points and did not look back. Clarity on Market Opportunity and Market Support Fund gave much-needed confidence amongst investors and the erosion saw yesterday in the shape of a drop of ~750 points were recovered today. …
Islamabad, May 27, 2019: Pakistan Stock Market closed lower by 9 points on Monday. The market traded range bound between -93 points and +188 points. The volumes on Al Shares Index withered as compared to recent sessions, nonetheless a total of 125 million shares scored on the board. Cement Sector remained in the limelight as…
Karachi, May 24, 2019: Market opened on a positive note on Friday with +54 points and 3.4 million shares traded at the opening bell. However, profit booking started soon that took the index in negative territory. Although buying activity was not observed across the board, bulls were still found to be in control, which took…