Share market collapses on lockdown; eyes bailout package
KARACHI: The share market collapsed on Tuesday and witnessed seventh lower lock as investors were eying bailout package from the government.
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KARACHI: The share market collapsed on Tuesday and witnessed seventh lower lock as investors were eying bailout package from the government.
Continue ReadingKARACHI: The share market may remain under pressure due to coronavirus spread and reports of lockdown in major cities of the country. Analysts at Arif Habib Limited expect the equity bourse to remain under pressure on account of fast spreading Coronavirus and news regarding lockdown of major cities (Karachi and Lahore) which will keep the […]
Continue ReadingKARACHI: The equity market gained 538 points on Friday after investors have shown interest in banking and fertilizers scrips. The Index closed at 30,667 points as against 30,130 points showing an increase of 538 points. Analysts at Arif Habib Limited said that the market carried the momentum showed yesterday and opened with a large stride […]
Continue ReadingKARACHI: The share market witnessed sixth lower lock in second week of bear run on Thursday. However, it trims losses later in the day by losing 286 points at the closing bell. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,130 points as against 30,416 points showing a decline of 286 points […]
Continue ReadingKARACHI: The equity market fell by over 2200 points or 6.7 percent on Wednesday as investors disappointed over lower than expected rate cut by the central bank. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,416 points as against 32,617 points showing a decline of 2201 points. Analysts at Arif Habib Limited […]
Continue ReadingKARACHI: The local share market collapsed by another 1,068 points on Tuesday after following slippage in global financial markets on coronavirus spread. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,617 points as against 33,684 points showing a decline of 1068 points. Analysts at Arif Habib Limited said that the market opened […]
Continue ReadingKARACHI: The stock market ran into bear market on Monday after slipping another 2,376 points and witnessed forth lower lock since last week. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,685 points as against 36,061 points showing a decline of 2,376 points. Analysts at Arif Habib Limited said that the index […]
Continue ReadingKARACHI: The trading activities at Pakistan Stock Exchange (PSX) have been halted after indices fell below five percent. Experts said that the detection of new coronavirus cases in the country negatively impacted the stock market. While the expansion of this epidemic in the world especially the number of deaths increased substantially also discouraged the investors. […]
Continue ReadingKARACHI: The spread of coronavirus likely to haunt the stock market in the coming week as it had already dented massively. Analysts at Arif Habib Limited said that with panic and uncertainty looming over the extension of Coronavirus, global markets are yet to ascertain long term impact. “We do highlight that international markets have fallen […]
Continue ReadingKARACHI: The stock market gained 104 points on Friday despite third market halt in the week was witnessed. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) Index closed at 36,060 points as against 35,957 points showing an increase of 104 points. Analysts at Arif Habib Limited said that third consecutive market halt was met […]
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