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Tag: KSE-100

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Weekly Review: Equity market to move with escalating Middle East tension

January 4, 2020June 5, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market likely to move with the development in mounting tension in the Middle East following killing of Iranian leader in US air strike. Analysts at Arif Habib Limited said that market to remain in the green zone next week. Oil scrips may manage to attract the limelight following renewed tension in the […]

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Pakistan Stock Exchange

Equity market ends down 158 points on profit taking

January 3, 2020May 15, 2022Mrs. Anjum Shahnawaz

KARACHI: The equity market fell by 158 points on Friday owing to profit taking on the last trading day of the week. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 42,323 points as against 42,481 points showing a decline of 158 points. Analysts at Arif Habib Limited said that the market opened […]

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Pakistan Stock Exchange

Stock market gains 1,081 points on tax incentives

January 2, 2020May 15, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 1,081 points on Thursday owing to positive outcome of tax amendment ordinance promulgated a day earlier. The benchmark KSE-100 of Pakistan Stock Exchange (PSX) closed at 42,481 points as against 41,400 points showing an increase of 1081 points. The sentiments of the market was positive on tax incentives granted to […]

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Pakistan Stock Exchange

Stock market gains 665 points to start year 2020

January 1, 2020May 14, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 665 points on Wednesday to start the year 2020. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,400 points as against 40,735 points showing an increase of 665 points. Analysts at Arif Habib Limited said that the first day of 2020 started with a bang and contributed […]

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KSE-100 posts 10% return in year 2019

December 31, 2019February 17, 2021Mrs. Anjum Shahnawaz

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) posted a return of 10 percent during year 2019. Analysts at Arif Habib Limited said that KSE-100 index posted a return of 9.9 percent YoY during CY19 while USD-based return clocked-in at negative 1.4 percent. First positive return after two years of consecutive negative returns, […]

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Pakistan Stock Exchange

Stock market ends down 153 points to close year 2019

December 31, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market fell by 153 points on Tuesday as the last day of 2019 while trading in narrow range during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,735 points as against 40,888 points showing a decline of 153 points. Analysts at Arif Habib Limited said that the […]

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Stock market gains 39 points amid selling pressure

December 30, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 39 points on Monday despite selling pressure seen in major scrips. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,888 points as against 40,849 points showing an increase of 39 points. Analysts at Arif Habib Limited said that during the session market went up by 447 points, […]

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Weekly Review: stock market likely to stay stable

December 28, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market likely to stay during next week owing to transfer second IMF tranche and stable rupee value, analysts said. Analysts at Arif Habib Limitd said that the market to be positive in the coming week. With SBP reserves climbing up and stable Pak Rupee/USD parity the investors’ sentiment should remain positive. Furthermore, […]

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Pakistan Stock Exchange

Stock market sheds 279 points on selling pressure

December 27, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock exchange fell by 279 points on Friday owing to selling pressure during trading sessions. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,849 points as against 41,128 points showing a decline of 279 points. Analysts at Arif Habib Limited said that the market moved both ways during the day […]

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Pakistan Stock Exchange

Equity market gains 800 points on buying activities

December 26, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The equity market registered an increase of 800 points on Thursday due to year end closing that requires financial institutions to manage the equity portfolios to avoid impairments. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,128 points as against 40,328 points showing an increase of 800 points. Analysts at Arif […]

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