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Tag: KSE-100

Pakistan Stock Exchange

Share market sheds 260 points amid selling pressure

April 8, 2020April 8, 2020Mrs. Anjum Shahnawaz

KARACHI: The share market fell by 260 points on Wednesday owing to selling pressure seen during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,971 points as against 31,231 points showing a decline of 260 points. Analysts at Arif Habib Limited said that overnight pressure on international crude prices bore […]

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Pakistan Stock Exchange

Equity market gains 652 points on improved sentiments

April 7, 2020April 7, 2020Mrs. Anjum Shahnawaz

KARACHI: The equity market gained 652 points on Tuesday on positive sentiments of investors regarding early release of IMF supported loan. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 31,232 points as against 30,579 points showing an increase of 652 points. Analysts at Arif Habib Limited said that the market opened on […]

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Pakistan Stock Exchange

Share market plunges by 1043 points on selling pressure

April 6, 2020May 31, 2024Mrs. Anjum Shahnawaz

The share market witnessed a significant downturn on Monday as the benchmark KSE-100 index of Pakistan Stock Exchange (PSX) plunged by 1043 points.

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Weekly Review: Market to celebrate amnesty to black money

April 4, 2020April 4, 2020Mrs. Anjum Shahnawaz

KARACHI: The stock market likely to maintain bullish trend during the next week owing to tax amnesty announced by the prime minister for construction sector. Analysts at Arif Habib Limited said that the index to continue the rally as investors celebrate the government’s proactive stance to keep the economy afloat during the lockdown. The government’s […]

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Pakistan Stock Exchange

Share market continues bullish trend, gains 839 points

April 3, 2020May 29, 2024Mrs. Anjum Shahnawaz

KARACHI: The share market continued bullish trend on Friday and gained 839 points, which is mainly attributed to reports on package for construction industry to be announced.

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Pakistan Stock Exchange

Equity market surges by 1277 points on international oil price increase

April 2, 2020April 2, 2020Mrs. Anjum Shahnawaz

KARACHI: The equity market witnessed sharp increase of 1,277 points on Thursday owing to jump in international oil prices. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,782 points as against 29,506 points showing an increase of 4.3 percent or 1277 points. Analysts at Arif Habib Limited said that After yesterday’s pause, […]

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Pakistan Stock Exchange

Equity market gains 274 points in range bound activity

April 1, 2020April 1, 2020Mrs. Anjum Shahnawaz

KARACHI: The equity market gained 274 points on Wednesday in range bound trading activities. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 29,506 points as against 29,232 points showing an increase of 274 points. Analysts at Arif Habib Limited said that the market traded range bound today, oscillating between -330 points and […]

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Pakistan Stock Exchange

Share market gains over 1200 points on tax relief reports

March 31, 2020March 31, 2020Mrs. Anjum Shahnawaz

KARACHI: The share market gained over 1,200 points on Tuesday owing to reports of tax relief announced by the government. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 29,231 points as against 28,023 points showing an increase of 1208 points. Analysts at Arif Habib Limited said that the market opened on a […]

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Pakistan Stock Exchange

Equity market ends down by 86 points on falling global prices

March 30, 2020March 30, 2020Mrs. Anjum Shahnawaz

KARACHI: The equity market has lost 86 points on Monday owing to lowering international oil prices and bearish regional markets, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 28,023 points as against 28,110 points showing a decline of 86 points. Analysts at Arif Habib Limited said that the market opened […]

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Weekly Review: share market to remain dependent on coronavirus spread

March 28, 2020March 11, 2021Mrs. Anjum Shahnawaz

KARACHI: The share market likely to dependent on spread of coronavirus epidemic during next week. Although current levels at the index appear enticing, we believe a sustainable rally in the medium term will remain subject to release of an expiry date for the corona pandemic, analysts at Arif Habib Limited said. Until then, the market […]

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