KSE-100: Stocks close flat ahead of Eid holidays on July 20, 2021Market participation remained lacklustre at the KSE-100 index on Monday as lack of triggers and Eid holiday-week kept investors away from the bourse. On Monday the benchmark KSE-100 index clocked at 47,873 level after posting a mere 38.93 points gain. The index touched an intraday high of 48,004.54 and a low of 47,751.72 as it […]
KSE-100: stocks extend gains, index climbs by 206 points on July 17, 2021Bulls took control at the Pakistan Stock exchange (PSX) on Friday to end the week on a positive note as uncertainty around Capital Gain Tax (CGT) submission ended, lifting investors’ sentiments. On Thursday the benchmark kse-100 index had climbed past 47,800 level after posting about 206 points gain by the closing bell. The trading kicked […]
KSE-100: stocks stage recovery as index climbs by 136 points on July 16, 2021Market participation by retail investors ended their dry spell on Thursday which lifted benchmark kse-100 index to climb past 47,600 level after posting about 136 points gain by the closing bell. On Thursday, the trading kicked off on an optimistic note right after the opening bell as the index climbed steadily for most part of […]
KSE-100: CGT uncertainty continues to take toll on investors’ sentiments; Index inches up in a range bound session on July 14, 2021Market participation continued to dwindle at KSE-100 index in a range bound session on Tuesday, as looming deadline to submit Capital Gain Tax (CGT) kept investors away from the bourse. On Tuesday, the index clocked at 47,480 level after posting a meagre 33.41 point gain by the closing bell. The index accelerated to an intraday […]
KSE-100: Directionless trade weighs on stocks; index dips 116 points on July 13, 2021Directionlessness played on the market sentiments on Monday, as the KSE-100 index kicked off the first trading session of the week on a bearish note, with contracting market volumes. The index clocked at 47,447 level after posting 116 points loss, as it traded in a range of 306.76 points or 0.64 percent of previous close, […]
kSE-100: Stocks stage sharp recovery, index powers past 48,000 level for 1st time in 2 weeks on July 9, 2021Stocks staged sharp recovery at Pakistan Stock Exchange (PSX) on Thursday, breaking a four-day losing streak, as bullish momentum triggered a fresh buying spell. The benchmark KSE-100 index tracking a strong turnaround, gained 805 points, and crossed the 48,000 mark for the first time in 2-weeks. On Thursday, the market participants breathed a sigh of […]
KSE-100: Early CGT collection-call triggers selling pressure; index down 98 points on July 8, 2021Bears mounted pressure on the benchmark KSE-100 index for the fourth consecutive session as market sentiments were weighed by the collection of capital gain tax, high commodity prices besides geopolitical conditions. On Wednesday, the KSE-100 index clocked at 47,247 level after posting about 98 points loss by the closing bell. The trading activity resumed on […]
KSE-100: Covid concerns, forward inflation risk keeps Investors on sidelines; index dips 82 points on July 7, 2021Bears continued to rule at the KSE-100 index for the third consecutive session as investors remained on the sidelines- treading cautiously amid resurging Covid -19 cases in the country and rising concerns over forward Inflation. On Tuesday, the trading activity resumed on a positive note, as the Index traded in the range of 417.75 points […]
KSE-100 index fails to break bearish spell; declines 257 points on July 6, 2021Stocks extended bearish sentiments from the previous week at KSE-100 on Monday as investors treaded cautiously amid escalating tensions in the neighbouring Afghanistan and resurging Covid -19 in te country. The index posted a 257 points loss by the closing bell to clock at 47,429 level. On Monday, the trading activity resumed on a negative […]
PSX wraps up FY21 with a 37% return on July 1, 2021Pakistan Stock Exchange (PSX) concluded fiscal year 2021 on wednesday, posting a 37 per cent return as compared to a paltry 1.5% in FY20. The index closed at 47,356 by gaining a mammoth 12,934 points during the fiscal year as against a minor gain of 520 points in FY20. However, on a monthly basis, the […]