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Tag: Arif Habib Limited

Finance Ministry 02

Pakistan’s budget deficit shrinks to 7.1% in FY21

August 27, 2021November 9, 2023Faisal Shahnawaz

KARACHI – Pakistan’s fiscal performance for the fiscal year 2020/2021 has shown encouraging signs as the budget deficit has reduced to 7.1 percent of the GDP compared to 8.1 percent in the preceding fiscal year.

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Pakistan Stock Exchange

Stocks end down by 273 points in range bound trading

August 26, 2021July 28, 2025Faisal Shahnawaz

KARACHI: The Pakistan stocks ended down by 273 points on Thursday as a range bound trading activity was observed during the day.

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Pakistan Stock Exchange

KSE-100 index sheds 193 points on selling pressure

August 25, 2021August 25, 2021Hamza Shahnawaz

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) fell by 193 points on Wednesday on selling pressure witnessed during the day. The index closed at 47,636 points as against previous day’s closing of 47,829 points, showing a decline of 193 points. Analysts at Arif Habib Limited said that the market saw continued selling pressure […]

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Pakistan Stock Exchange

Stocks decline by 284 points on profit-taking

August 24, 2021August 24, 2021Mrs. Anjum Shahnawaz

KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended down by 284 points on Tuesday. The stocks fell due to profit-taking observed during the day, analysts said. The index closed at 47,828 points as against the previous day’s closing of 48,112 points, showing a decline of 284 points. The analysts at  Arif Habib […]

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Pakistan Stock Exchange

KSE-100 index gains 512 points on positive trading

August 23, 2021August 23, 2021Mrs. Anjum Shahnawaz

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) gained 512 points on Monday as market remained positive during the day. The index closed at 48,112 points as against previous closing on Friday at 47,600 points, showing an increase of 512 points. Analysts at Arif Habib Limited said that the market traded in the positive […]

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PSX Logo

Weekly Review: market likely to stay positive

August 21, 2021August 21, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market likely to stay positive in the upcoming week owing to falling global commodity prices and ease in coronavirus cases. Analysts at Arif Habib Limited. said that the market to remain positive in the upcoming week attributable to crashing global commodity prices and the ongoing result season which will keep specific companies […]

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Pakistan Stock Exchange

Stocks gain 341 points on investors confidence

August 20, 2021August 20, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 341 points on Friday as investors gained confidence due to stability in Afghanistan. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 47,600 points as against last trading on August 17, 2021 at 47,258 points. Analysts at Arif Habib Limited said that the market added another 341 points […]

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Pakistan Stock Exchange

Index gains 346 points on better Afghanistan situation

August 18, 2021May 6, 2024Mrs. Anjum Shahnawaz

KARACHI: In a significant market recovery, the benchmark KSE-100 index surged by 346 points on Tuesday, settling at 47,258, buoyed by easing tensions in neighboring Afghanistan.

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PSX Logo

Weekly Review: positive sentiments likely to prevail

August 14, 2021August 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market may witnessed positive sentiments next week on expectation of strong results. However, concerns over COVID-19 fourth may keep the sentiment skittish, said analysts at Arif Habib Limited. Furthermore, prevailing tension in Afghanistan with continuing withdrawal of US army by end of this month may exert pressure on the local bourse. The […]

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Pakistan Stock Exchange

Stocks shed 107 points in range bound trading

August 12, 2021August 12, 2021Mrs. Anjum Shahnawaz

KARACHI: The stocks ended down by 107 points on Thursday amid trading in range bound activity. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 47,271 points as against previous day’s closing of 47,377 points. Analysts at Arif Habib Limited said that after posting an uptick yesterday, the index again traded range bound […]

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