KSE-100: Stocks edge higher in a directionless trade on March 17, 2021Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday, as benchmark KSE-100 advanced 90.47 points by the closing bell to close at 44,857.06 index level. On Tuesday, the market traded in a narrow range after an increase of 2,500 points in the previous two sessions. Leveraged positions continued causing jitters every now and then, […]
KSE-100: Stocks advance 978 points as political noise dampens on March 16, 2021Pakistan Stock Exchange (PSX) continued to witness recovery for the second consecutive session as benchmark KSE-100 gained 978.51 points by the closing bell and crossd 44,000 mark to close at 44,766.59 index level. Monday’s robust performance was witnessed owing to market’s excitement after Pakistan’s ruling party candidate was re-elected as Senate chairman on Friday in […]
Kse-100: Stocks stage sharp recovery, adds over 1000 points on market anticipation of Govt’s victory in Senate chairman poll on March 13, 2021Pakistan Stock Exchange (PSX) witnessed a sharp recovery on the last trading day of the week, halting a four-day rampage during which the benchmark kse-100 index lost over 3000 points. On Friday the index gained 1,008 points by the closing bell and cross 43,000 mark to close at 43,788.08 level. Friday’s robust performance was witnessed […]
Bloodbath at PSX, benchmark KSE-100 index breaches 43,000 level to touch 63 sessions low on March 12, 2021Investors witnessed a crash at Pakistan Stock Exchange (PSX) as mounting political uncertainty in the country led bearsto trample the stocks at the bourse, as index touched 63 sessions low today. On Thursday, the benchmark index tumbled for the fourth consecutive session, breaching 43,000 level, as it closed at 42,779.76 level after losing another 911.92 […]
KSE-100 index breaches 44,000 level, YTD return turns negative for 1st time in 2021 on March 11, 2021Stocks continued to be battered at Pakistan Stock exchange (PSX) as mounting political uncertainty in the country led bears to rule the roost at the bourse. On Wednesday, the benchmark index tumbled for the fifth consecutive session, breaching 44,000 level, as it closed at 43,691.68 level after losing another 531.23points by the closing bell. On […]
KSE-100: Political noise, redemption calls weighs down index by 786 points on March 9, 2021Bears swept off investors’ sentiments at Pakistan Stock Exchange (PSX) on Monday, as panic sell-off plunged benchmark KSE-100 index by 786.30 points by the closing bell to clock at 45,051.05 level. On Monday, the market witnessed selling pressure across the board,over rising political temperatures in the country and redemption calls. On political front, investors were […]
Kse-100: Stocks gain 558 points on PM Imran’s ‘vote of Confidence’ move on March 6, 2021Kse-100Bulls regain momentum at Pakistan Stock Exchange (PSX) on Friday, following yesterday’s sell-off as benchmark kse-100 index advanced 588.81 points by the closing bell to clock at 45,837.35 level. On Friday, the market witnessed buying across the board, after Prime Minister Imran Khan on Thursday during a televised address to the nation announced that he […]
KSE-100 bleeds 882 points following Senate upset on March 5, 2021Massive sell-off was witnessed at Pakistan Stock Exchange (PSX) on Thursday, as benchmark KSE-100 index slumped by 882.25 points after the finance minister Dr. Abdul HafeezShaikh lost to former Prime Minister Yusuf Raza Gilani at the Senate election. The index dropped 1,073.15 points right after the opening bell and touched an intra-day low of 45,088.40at […]
KSE-100: Stocks extend gains with 196 points surge on March 4, 2021Upbeat sentiments continued to prevail at Pakistan Stock Exchange (PSX) on Wednesday, as benchmark KSE-100 gained 196.51 points by the closing bell, to clock at 46,160.78 index level. On Wednesday, Investors continued to react to the prospects of release of funds on account of circular debt resolution, which prompted investors to take fresh positions in […]
KSE-100: Stocks stage a comeback with 370 points surge on March 3, 2021Bears lost ground to bulls on Tuesday at Pakistan Stock Exchange (PSX), as benchmark KSE-100 gained 370.84 points by the closing bell, to clock at 45,964.27 index level. OnTuesday, investors followed international markets, as they staged a rebound from last week’s rout as concerns about rising bond yields subsided and investors turned their attention back […]