Karachi, April 29, 2020: Today the benchmark KSE-100 index closed at 33,159 levels (up 1.9 percent) following a bleak trading session. Overall, the volumes remained dry with petite participation from the investors due to Ramadan. In the E&Ps, OGDC (4.5 percent), PPL (3.0 percent) and POL (6.3 percent) closed in the green zone as the…
VavaCars partners with the leading Islamic Bank in Pakistan, Meezan Bank to provide innovative Financing products for Car Trading Karachi, February 25, 2020: VavaCars, a globally recognized car transaction platform and Meezan Bank, Pakistan’s leading Islamic Bank, entered into an agreement to pave the way for providing innovative and efficient financing solutions for car traders in…
Karachi, October 04, 2019: Pakistan Stock Market continued the ascend on the last trading day of the week with an overall increase of 302pts and closed at that level (unadjusted). Buying activity was mainly seen in Cement and Steel sectors, and was further aided by O&GMCs, E&P and Banks. Optimism in the market is fueled…
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 6, 2019: Pakistan Stock Exchange witnessed a short trading day, which is marked to signify the importance of Defence Day and Solidarity with Kashmir, ended on a positive note. Early on, selling pressure was evident across the board mainly due to negativity created by rumour of Rights issue by Cement sector companies. However,…