Equities Correspondent

The stock market remained directionless on Thursday with the KSE-100 index closing down by 81.07 points at 45,230.18 level after trading in a narrow band. On Thursday, the benchmark KSE-100 opened on a positive note, but later in the session it lost the track and succumbed to selling pressure owing to rising uncertainty. Investors kick […]

Bulls had their way at Pakistan Stock Exchange (PSX) on Wednesday, as positive economic indicators lifted market sentiments. On Wednesday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,347.40 level after gaining 298 points. By the closing bell the benchmark index gained 262 points to clock at 45,311.22 level. During […]

Stocks failed to figure out a direction on Tuesday, as absence of triggers and Covid-19 fears continue to weigh on market sentiments. On Tuesday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,133.41 level after gaining 155.36 points. However, paring earlier gains, the index reversed its trajectory and touched intra-day […]

Bulls and bears wrestled at Pakistan Stock Exchange (PSX) on Monday, as speculation over Covid-19 weighed on market sentiments. On Monday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,267.43 level after gaining 80.95 points. However, paring earlier gains, the index reversed to touch intra-day low at 44,757.31 level after […]

Bulls continued to dominate Pakistan Stock Exchange (PSX) for the second day, as stocks extended their gains to lift benchmark kse-100 index by 445.12 points by the closing bell to cross 45,000 mark. Senior Vice President, BMA Capital Management Limited, Irfan Saeed said that Friday’s gains were primarily linked to a technical bounce back as […]

In a continuous battle between the bulls and bears at the Pakistan Stock Exchange (PSX), stocks staged a sharp recovery on Thursday, as benchmark KSE-100 index gained 787.78 points by the closing bell to clock at 44,741.36. Thursday’s recovery came after jitters in the previous session, which was led by heavy selling pressure by the […]

Following a short-lived recovery in the previous session at the Pakistan Stock Exchange (PSX), the market was in jitters on Wednesday owing to heavy selling pressure by the foreign investors, as benchmark KSE-100 index lost 451.12 points by the closing bell and breached 43,000 level. Investors once again were in frenzy, as selling pressure in […]

Following an abysmal performance in the previous session, bulls staged a comeback at Pakistan Stock Exchange (PSX) on Tuesday, as benchmark KSE-100 index gained 856 points by the closing bell to clock at 44,404.70 level. Tuesday’s strong performance followed series of trading sessions where Investors struggled to gain a firm foothold, ever since the benchmark […]

Bears continued to wreak havoc at Pakistan Stock Exchange (PSX), as investors have struggled to gain a firm foothold ever since the benchmark KSE-100 index slipped from the recent high of 47,000 points, as market is being held hostage to the flare-up in Covid-19 infection cases that has forced fresh rounds of lockdown across the […]

Bears continued a slow rout at Pakistan Stock Exchange (PSX), as investors continued to struggle owing to weak economic indicators and Covid-19 fears. On Friday, after swinging both ways the benchmark kse-100 index lost another 127.15 points by the closing bell to clock at 44,300.95 level. On Friday, the market witnessed a directionless trade as […]