Our Equities Correspondent

Higher coal costs and concerns over Pakistan’s categorisation by Morgan Stanley Capital International (MSCI) led the benchmark KSE-100 Index to a three-month low on Tuesday, even as volumes increased slightly at the Pakistan Stock Exchange (PSX). Pakistan is expected to be reclassified from the Emerging Markets Index to Frontier Markets by MSCI on Wednesday morning. […]

Fresh rounds of Covid lockdown imposed in Pakistan’s business centre, Karachi, sent shockwaves among investors on Friday as the benchmark KSE-100 index lost 257 points by the closing bell and clocked at 47,055 level. On Friday the index opened on a positive note and showed strength as investors looked for direction, however, following the news […]

Stocks staged a sharp recovery at Pakistan Stock Exchange (PSX), paring almost all of the intraday losses by the closing bell on Thursday as investors reacted to series of positive news flow during the day. However, the index still closed in red, posting a loss of five points and clocked at 47,312 level. On Thursday […]

Bears continued to haunt investors at Pakistan Stock Exchange (PSX) as diminishing volumes and selling pressure placed the benchmark KSE-100 under pressure as it posted a 368-point loss by the closing bell and clocked at 47,318 level. The Index traded in a range of 630.48 points or 1.32 percent of the previous close, showing an […]

Stocks remained in limbo as the market struggled to find a catalyst to set its direction owing to resurgence of Covid-19 and lack of triggers. On Friday, the benchmark kse-100 index clocked at 47,793 level after posting an 80-points loss. The Index traded in a range of 256.33 points or 0.54 percent of previous close, […]