Karachi, April 24, 2020: Market traded in a narrow range on the last day of rollover week. The benchmark index oscillated between -111 points and +218 points and closed the session -44 points. Pre-open session saw announcement of financial results of OGDC, LUCK and MLCF as key triggers for the Cement and E&P sectors. OGDC…
Karachi, October 24, 2019: Pakistan equities closed Thursday on a positive note with benchmark KSE100 Index gaining 322 points, closing at 33,762 levels, up 1 percent. The market remained on the positive side but is expect to come under pressure in the short run due to ongoing developments on oppositions Azadi March and tension on…
Karachi, September 5, 2019: Pakistan Stock Exchange Thursday closed lower and index declined by 30 points. Analysts said that what started as a sign of recovery turned out to be a short lived spike. DGKC and MLCF that started the day on a positive note and saw upper circuit (DGKC) and close to upper circuit…
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, July 25, 2019: Market traded in a narrow range and saw an oscillation of +101 points and -251 points. Early part of the session saw the bearish trend, with selling pressure in Cement, Banks, and Fertilizer stocks. Sectors contributing positively to the index included E&P and Autos. Among the banking sector scrips, HBL performed…