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Tag: KSE-100

Pakistan Stock Exchange

Stock market gains 320 points amid cautious buying

December 24, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 320 points on Tuesday in mixed trading activities as buyers adopted cautious stance. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,328 points as against 40,008 points showing an increase of 320 points. Analysts at Arif Habib Limited said that the market oscillated between -553 points and […]

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Pakistan Stock Exchange

Equity market falls by 825 points on profit taking

December 23, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The equity market fell by 825 points on Monday owing to profit taking in the last days of present year. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,008 points as against 40,833 points showing a decline of 825 points. Analysts at Arif Habib Limited said that the market took a […]

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Stock market likely to cross 51,000 points in 2020

December 23, 2019February 17, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market likely to cross 51,000 points during year 2020 owing to growth in earnings and justified price to earning ratio, analysts said on Monday. The analysts at Arif Habib Limited in its report on Pakistan Strategy 2020, said that Pakistan equity market is expected to generate a total return of 25 percent […]

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Weekly Review: positive economic indicators to help market

December 21, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market may gain on back of normal political conditions and hope of further improvements in economic indicators during next week. Analysts Topline Securities said that after closing positively for seven consecutive weeks, KSE-100 index of Pakistan Stock Exchange (PSX) closed in red this week due to political pressures. The index started on […]

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Pakistan Stock Exchange

Stock market gains 178 points amid selling pressure

December 20, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 178 points on Friday amid selling pressure witnessed during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,833 points as against 40,655 points showing an increase of +178 points. Analysts at Arif Habib Limited said that the market traded in the range of +399 points […]

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Pakistan Stock Exchange

Equity market plunges by 948 points on detailed judgment in treason case

December 19, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The equity market plunged by 948 points on Thursday following detailed judgment release by a special court in high treason case. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,655 points as against 41,604 points showing a decline of 948 points. Analysts at Arif Habib Limited said that the market take […]

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Pakistan Stock Exchange

Stock market ends down by 165 points on political uncertainty

December 18, 2019March 14, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market fell by 165 point on Wednesday owing to ongoing political uncertainty. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,604 points as against 41,769 points showing a decline of 165 points. Analysts at Arif Habib Limited said that the market took a bearish tone today with the ongoing […]

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Pakistan Stock Exchange

Equity market makes gains amid court decision, gas tariff hike

December 17, 2019March 15, 2021Mrs. Anjum Shahnawaz

KARACHI: The equity market gained 124 points on Tuesday amid decisions of the apex court and repots of gas tariff hike. The benchmark KSE-100 index of Pakistan Stock Exchange (PSC) closed at 41,769 points as against 41,645 points showing an increase of 124 points. Analysts at Arif Habib Limited said that the market saw wide […]

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Pakistan Stock Exchange

Stock market makes 13-month high in intra-day trading

December 16, 2019March 15, 2021Mrs. Anjum Shahnawaz

KARACHI: The Stock market made a new 13-month high of 41,699 points on Monday with the index increased by 782 points during the session, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,645 points as against 40,917 points showing an increase of +728 points. The analysts at Arif Habib Limited […]

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Weekly Review: stock market likely to maintain buoyancy

December 14, 2019March 7, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market likely to maintain its buoyancy during next week owing to economic improvement. Analysts at Arif Habib Limited said that index will continue it’s upward journey as the economy depicts signs of resurrection. Improvement on the external front together with stability in the Pak Rupee is expected to reassure foreign investors. Meanwhile […]

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