PSX: Stocks lose 204 points owing to correction on January 19, 2021Pakistan Stock Exchange (PSX)witnessed a choppy session on the first day of the week as KSe-100 succumbed to correction and lost 2014.32 points to close at 45,726.68 index level. Theindex continued to hover below 46,000 level to which investors continue to book intra-day profit primarily in exploration & production, fertilizer, oil & gas marketing, cement […]
PSX: Stocks fall flat owing to dull market activity on January 16, 2021Pakistan Stock Exchange (PSX)witnessed dull market activity on the last trading day of the week, as benchmark kse-100 closedat 45,931 index level after losing 58 points. Theindex continued to hover around 46,000 level to which investors continue to book intra-day profit as market was presumed over-bought by investors. While not making a major impact, investors […]
PSX: Profit-taking weighs down stocks on January 15, 2021Pakistan Stock Exchange (PSX) continued snapped its 2-day momentum as profit taking was witnessed at 46,000 level, after benchmark kse-100 index closedat 45,989 index level after losing 102.61 points. Theindex continued to hover around 46,000 level to which investors booked profit throughout the day as market became over bought due to heavy volumes and buying […]
PSX: Surging volumes, positive economic indicators lift stocks past 46,000 level on January 14, 2021Pakistan Stock Exchange (PSX)continued its bullish momentum on Wednesday, as the equity markets witnessed another day of heavy investor participation as volumes remained above 800 million shares for the second consecutive trading day. By the session-end, the benchmark kse-100 index breached 46,000 mark, and closed at 46,091.96 index level after gaining 169.92 points. Thebuying activity […]
Surge in liquidity, resumption of IMF program hope lifts KSE-100 index by 316 points on January 13, 2021Pakistan Stock Exchange (PSX)reignited its bullish momentum on Tuesday, after a breather in the previous session, as benchmark kse-100 index continue to hover around 46,000 mark, and closed at 45,922.04 index level after gaining 316.62 points by the closing bell. Thebuying activity was witnessed across the board, as investors geared up in anticipation of annual […]
KSE-100: Stocks end flat following a volatile session on January 12, 2021Pakistan Stock Exchange (PSX)snapped its three-day winning session on Monday, as benchmark kse-100 index failed to sustain bullish momentum and succumbed to profit-taking. On the first trading session of the week, the index crossed 46,000 mark for the first time since April 2018, but pared earlier gains to close at 45,605.42 index level, after losing […]
KSE-100: Stocks extend rally, boost weekly gains to 1,219 points on January 9, 2021Pakistan Stock Exchange (PSX) extended its gains on the last trading day of the session, as benchmark Kse-100 index added another 309.80 points by the closing bell to close at 45,344.54 index level, boosting weekly gains to over 1200 points. During the session, the index witnessed strong momentum right from the opening bell and gained […]
KSE-100: Stocks extend gains by 191 points despite profit-taking on January 8, 2021PSX-continues-bullish-trend-gains-827-points-e1576187826235Pakistan Stock Exchange (PSX)extended its gains on Thursday, as benchmark Kse-100 index added 191.12 points by the closing bell to close at 45,344.54 index level. During the session, the index witnessed strong momentum right from the opening bell and gained over 400 points to mark intra-day high at 45,619.80 level, however, it succumbed to selling […]
Bulls lifts KSE-100 past 45,000 mark on January 7, 2021Pakistan Stock ExchangePakistan Stock Exchange (PSX)resumed strong bullish trend on Wednesday, following a brief breatherin the previous session as benchmark Kse-100 index gained 502.99 points by the closing bell to breach 45,000 mark. During the session, the buying activity was witnessed across the board, as investors reacted to surge in International crude oil prices and […]
Energy stocks lift PSX, benchmark KSE-100 index rose 251 points on January 5, 2021Pakistan Stock Exchange (PSX)continued to witness exciting performance, as benchmark kse-100 index rose 251.66 points on the first trading day of the week to close at 44,686.46 level During the session, bullish trend during the early hours lifted index beyond 45,000 mark- the first time in over 30 months and touched its intra-day high at […]