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Tag: KSE-100

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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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Pakistan Stock Exchange

Share market collapses on lockdown; eyes bailout package

March 24, 2020March 30, 2020Mrs. Anjum Shahnawaz

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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Weekly Review: Coronavirus may incur more damages to share market

March 21, 2020April 5, 2021Mrs. Anjum Shahnawaz

KARACHI: 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 […]

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Equity market gains 538 points amid buying in major scrips

March 21, 2020April 5, 2021Mrs. Anjum Shahnawaz

KARACHI: 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 […]

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