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Tag: KSE-100

Pakistan Stock Exchange

Stock market erodes by 672 points on massive selling

July 18, 2019March 28, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market eroded by 672 points on Thursday following significant selling pressure during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,310 points as against 32,982 points, showing a decline of 672 points. Analysts at Arif Habib Limited said that the market stayed positive for a brief while […]

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Pakistan Stock Exchange

Market ends flat despite positive opening

July 17, 2019March 28, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market ended with gain of nominal 10 points on Wednesday despite positive trading of over 400 points earlier in the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,982 points as against 32,972 points showing an increase of 10 points. Analysts at Arif Habib Limited said that the […]

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Pakistan Stock Exchange

Share market gains 14 points amid high volume

July 16, 2019March 28, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained a nominal 14 points on Tuesday amid high volume trading, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,972 points as against 32,958 points showing an increase of 14 points. Analysts at Arif Habib Limited said that the market volumes finally breached the anemic 40 […]

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Pakistan Stock Exchange

Stock market plunges on policy rate uncertainty

July 15, 2019May 14, 2022Mrs. Anjum Shahnawaz

KARACHI: The stock market plunged by 714 points on Monday owing to uncertainty on monetary policy that is scheduled to be announced tomorrow. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,958 points as against 33,672 points showing a decline of 714 points. Analysts at Arif Habib Limited said that the market […]

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Weekly Review: Stock market likely range bound on monetary policy announcement

July 13, 2019March 28, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market to remain range bound next week. Investors are expected to have a cautious stance keeping in view monetary policy announcement on July 16, 2019, analysts at Arif Habib Limited said. The analysts said that the State Bank of Pakistan (SBP) may increase a 100 basis points in view of aggravating inflationary […]

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Pakistan Stock Exchange

KSE-100 gains 35 points amid low volumes

July 11, 2019March 13, 2021Mrs. Anjum Shahnawaz

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) gained 35 points on Thursday to close at 33,875 points as against previous day’s 33,840 points. Analysts at Arif Habib Limited said that KSE-100 index has been on a losing streak with continuous slide in both volume and index level. Yesterday, the volumes reached an […]

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Pakistan Stock Exchange

Share market remains range bound amid low volumes

July 10, 2019March 13, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market ended range bound on Wednesday as investors were in a fix over lack of triggers. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended down at 33,840 points as against 33,856 points showing a decrease of 16 points. Analysts Arif Habib Limited said the market remained range bound today amidst […]

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Pakistan Stock Exchange

Stock market gains 113 points amid low volumes

July 9, 2019March 12, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 113 points on Tuesday amid low volume and selling pressure. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,856 points as against 33,743 points showing an increase of 113 points. Analysts at Arif Habib Limited said that the market went up today by 308 points but unable […]

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Pakistan Stock Exchange

Share market plunges by 447 points on massive selling in energy scrips

July 8, 2019March 12, 2021Mrs. Anjum Shahnawaz

KARACHI: The share market plunged by 447 points on Monday owing to massive selling in energy scrips. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,742 points as against 34,190 points showing a decline of 447 points. Analysts at Arif Habib Limited said that the market shed points heavily again, after a […]

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Weekly Review: PSX likely to stay positive

July 6, 2019March 12, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan Stock Exchange (PSX) likely to remain positive in upcoming week owing to IMF package approval and appreciation in Pak Rupee value. Analyst at Arif Habib Limited said that the market to remain positive in the upcoming week in lieu of the IMF package approval and recent appreciation of PKR against green back which […]

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