KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) on Monday fell by 648 points owing to rising concerns over hike in electricity prices and contraction in economy. The index closed at 43,829 points as against last Friday’s closing of 44,477 points, showing a decline of 648 points. Analysts at Arif Habib Limited said […]

KARACHI: The stock market likely to stay range bound during the next week owing to concerns including high imports and inflation.

KARACHI: The share market fell by 293 points on Wednesday as selling pressure remained unabated during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 44,373 points as against previous day’s closing of 44,667 points. Analysts at Arif Habib Limited said that selling pressure continued unabated at the bourse, courtesy of […]

KARACHI: The share market plunged by 378 points on Tuesday owing to rising concerns over the exchange rate and rupee depreciation. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 44,667 points as against the previous day’s close of 45,044 points. Analysts at Arif Habib Limited said that market lost further ground […]

KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gained 173 points on Monday amid mixed trading during the day. The index closed at 45,045 points as against last Friday’s closing of 44,872 points. Analysts at Arif Habib Limited said that increased foreign outflow (due to reclassification of Pakistan from MSCI EM to […]

KARACHI: The stock market is expected to move positively during the next week as scrips are trading at attractive valuations. Analysts at Arif Habib Limited said that IMF Review is starting from October 4, 2021, which if successful may provide much-needed respite to the ailing investment sentiment. Moreover, the recent statement of the US Secretary […]

KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) declined by 28 points on Friday in mixed trading. The Index closed at 44,872 points as against the previous day’s closing of 44,900 points, showing a decline of 28 points. Analysts at Arif Habib Limited said that the market traded in a narrow range […]

KARACHI: The stock market witnessed a gain of 457 points on Tuesday in mixed trading sessions. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 45,275 points as against the previous day’s closing of 44,818 points, showing an increase of 457 points. Analysts at Arif Habib Limited said that initially the market […]

KARACHI: The share market posted a decline of 256 points on Monday owing to slippage in Pak Rupee (PKR) value against the dollar. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended at 44,817 points as against last Friday’s closing of 45,074 points. Analysts at Arif Habib Limited said that market posted gains […]

KARACHI: Investors’ sentiments are likely jittery during the next week owing to measures taken by the government to curtail import bill. Analysts at Arif Habib Limited said that with the government making all efforts to restrict imports, tax collection (silver lining in the domestic economic climate at the moment), may also be hurt. Market sentiments […]