PSX: Bulls and Bears wrestle amid volatility on March 6, 2020Pakistan stock exchange staged a comeback after two lacklustre sessions, as bulls managed to triumphs bears. The indices headed north as soon as the opening bell rang while volumes improved significantly from the last session. The fresh rally at KSE-100 was led by market sentiments over expectations that following the trend by global central banks, […]
Bulls and bears lock horns as KSE 100 gains 417 points on February 12, 2020Pakistan Stock exchange staged a comeback rally after consistent losing streaks in the previous sessions. The bulls return to the bourse, as bears lose momentum.KSE-100 witnessed a bounce today with a gain of 417 points (1.06%) to close at 39,714 level. The stock market remained volatile today as it opened higher, but receded by mid-day […]
PSX lose 824 points breaching 40,000-mark on February 11, 2020The Pakistan Stock Exchange has taken a free fall ever since the inflation data has been revealed for the January, recording a 14.56%, highest in 12 years. Benchmark KSE-100 slipped below the 40,000-mark for the first time since 3rd December 2019.KSE-100 index lost approximately 846 points throughout the session and closed at 39,296 points. In […]
PSX closes 0.39% lower amid directionless trading on February 7, 2020The Pakistan Stock Exchange (PSX) led a directionless session as the benchmark KSE 100 Index parked in the red zone after a volatile session, closing at 40,724 level, 0.39% lower than the previous closing. The Index traded in a range of 479.45 points or 1.17 per cent of the previous close, showing an intraday high […]
PSX loses 272 points amid lack of positive triggers on February 1, 2020Stock market continued to descend amid losing momentum, as investors continue to react to key policy rate announcement by State Bank of Pakistan. The bourse was pulled down by a selling spree led by foreign investors, as today’s selling clocked at an accumulated value of $1.7 million meanwhile banks and mutual funds also joined the […]
PSX retreats amid speculation over FATF decision on January 21, 2020Pakistan Stock Exchange retreated on the first trading day of the week after it recovered on Friday, last week amid after total foreign investment in debt securities jumped to $2.257 billion after T-bills worth $536 million were bought by foreign investors during the latest auction. Benchmark KSE-100 was dragged down by uncertainty ahead of Financial […]
Pakistan stock exchange retreats amid lack of triggers on January 16, 2020Pakistan Stock Exchange has continued its deprecating trend this week amid lack of stimulus and rally stream. Benchmark KSE-100 ended in a negative territory as volumes contract further, pushing index below the 43,000-mark. The benchmark KSE-100 Index, which started the day at 43,212.59, lost 329.14 points to mark its intraday low at 42,877.90. It settled […]
Pakistani stocks retreat after global markets tumble on January 9, 2020Pakistan stock exchange registered a volatile session as it retreated after global markets took a plunge following Iranian missile strikes at US military bases in Iraq. Benchmark KSE-100 pared yesterday’s gains as Index stumbled and finished at 41,357 level by losing 547 points or 1.31% from yesterday’s close. The global markets were roiled after Iran […]
Pakistani stocks plummet amid escalating regional tensions on January 7, 2020The Pakistan Stock Exchange plummeted on Monday amid escalating global tensions. Fear of a war sent panicking investors offload equity stocks. The benchmark KSE 100 Index ended the trading session 2.43% lower to close at 41,296.24. The benchmark KSE 100 Index, which opened the session at 41,900.35, stooped to its intraday low at 41,207.16 after […]
KSE 100 soars to 14-month high as index crosses 42,000-point mark on January 3, 2020Bulls dominated at the Pakistan Stock exchange on the second trading day of the year as index crossed 42000 points. The benchmark index gained 1,080 points to close at 42,480-level. Mutual Funds were the major buyers and reason for today’s rally as the underweight funds and banks took major positions for the year ahead encouraged […]