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Tag: KSE-100

Pakistan Stock Exchange

Stock market ends flat after trading moves both ways

January 13, 2020May 15, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock exchange market ended with 12 points gain on Monday after trading moved both ways. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 43,219 points as against 43,208 points showing an increase of 12 points. Analysts at Arif Habib Limited said that the market moved both ways with an opening […]

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Stock market to maintain upward trajectory

January 11, 2020June 5, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market may maintain upward trajectory during next week, analysts said. Fundamentals appear intact with stable PKR, compressing current account deficit, and inflows in T-bills, PIBs and the local bourse, should all bode well for the index. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) is currently trading at a PER of […]

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Pakistan Stock Exchange

Stock market crosses 43,000-level after 17 months on buying activities

January 10, 2020May 17, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market crossed 43,000 level after 17 months on Friday following across the board buying activities. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 43,207 points as against 42,523 points showing an increase of 684 points. Analysts at Arif Habib Limited said that the market continued the upward momentum and […]

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Pakistan Stock Exchange

Equity market sharply gains as US-Iran war concerns

January 9, 2020May 17, 2022Mrs. Anjum Shahnawaz

KARACHI: The equity market sharply increased by 1166 points or 2.8 percent on Thursday as concerns over war subsided after US president address. The benchmark KSE-100 index closed at 42,523 points as against 41,358 points showing an increase of 1166 points. Analysts at Arif Habib Limited said that Post Trump address, most of the World […]

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Pakistan Stock Exchange

Stock market declines by 547 pts on Iran attack on US bases

January 8, 2020May 17, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market fell by 547 points on Wednesday following Iran attack on US bases in Iraq. The benchmark KSE-100 index closed at 41,358 points as against 41,904 points showing a decline of 547 points. Analysts at Arif Habib Limited said that market took the toll of early morning Iranian strike on Iraqi Military […]

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Pakistan Stock Exchange

Equity market recovers 608 points

January 7, 2020May 14, 2022Mrs. Anjum Shahnawaz

KARACHI: The equity market recovered 608 points on Tuesday in the aftermath of US-Iran confrontation and developing geopolitical situation. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,904 points as against 41,296 points showing an increase of 608 points. Analysts at Arif Habib Limited said that in the aftermath of US-Iran confrontation […]

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Pakistan Stock Exchange

Equity market ends down by 2.4% on political situation

January 6, 2020May 14, 2022Mrs. Anjum Shahnawaz

KARACHI: The equity market fell by 1,027 points or 2.4 percent on Monday due to geo-political and regional security concerns. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,296 points as against 42,323 points showing a decline of 1027 points. Analysts at Arif Habib Limited said geo-political and regional security concerns took […]

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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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