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Tag: KSE-100

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Weekly Review: IMF agreement to set market direction

June 22, 2019March 12, 2021Mrs. Anjum Shahnawaz

KARACHI: As the governor of State Bank of Pakistan (SBP) is echoing the incumbent governments existing stance of fulfilling IMF’s prior actions, the experts said that the IMF agreement will set direction of the stock market. “The upcoming Board agreement expected in July 2019 to be a major trigger for the market as it would […]

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Pakistan Stock Exchange

Stock market gains 129 points on Sukuk issuance

June 22, 2019June 9, 2024Mrs. Anjum Shahnawaz

The stock market gained 129 points on Friday, buoyed by the anticipated release of a Rs200 billion Sukuk by the government. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 35,125 points, up from 34,996 points, reflecting a positive sentiment among investors.

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Pakistan Stock Exchange

KSE-100 gains 340 points on improved sentiments

June 20, 2019March 28, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 340 points on Thursday on improved sentiments. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,996 points as against 34,656 points showing an increase of 340 points. Analysts at Arif Habib Limited said that market moved up today after sustaining losses for the past three sessions. E&P […]

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Pakistan Stock Exchange

Stock market ends flat amid uncertainty on budget approval

June 19, 2019March 29, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market ended flat on Wednesday amid uncertainty on approval of the federal budget 2019/2020. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 34,656 points from previous day’s closing of 34,682 points, losing 26 points. Analysts at Topline Securities said that during the trading session index depicted a flattish trend […]

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Pakistan Stock Exchange

KSE-100 index down 487 points on delay in fund activation

June 18, 2019March 29, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market ended down by 487 points on Tuesday owing to delay concerns over activation of state enterprise and market opportunity fund. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,682 points as against 35,169 points showing a decline of 487 points. Analysts at Arif Habib Limited said that the […]

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Pakistan Stock Exchange

Stock market gains 465 points on buying activities

June 13, 2019December 7, 2024Faisal Shahnawaz

Karachi: The Pakistan stock market recorded a significant gain of 465 points on Thursday, driven by robust buying activities and positive investor sentiment. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 35,403 points, up from the previous close of 34,660 points.

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Pakistan Stock Exchange

Stocks nosedive by 938 points on budget, Zardari arrest

June 10, 2019March 30, 2021Faisal Shahnawaz

KARACHI: The stock market on Monday nosedived by 938 points owing to scheduled budget announcement and arrest of Asif Ali Zardari, leader of Pakistan People’s Party. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,568 points as against 35,505 points showing a decline of 938 points. Analysts at Arif Habib Limited said […]

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Pakistan Stock Exchange

Share market falls on concerns over budgetary measures

June 3, 2019March 30, 2021Faisal Shahnawaz

KARACHI: The stock market lost around 470 points on Monday, the last session before week-long Eid holidays, due to concerns over measures to be announced in the budget 2019/2020 on June 11, 2019. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 35,505 points as against 35,975 points showing a decline of 470 […]

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Weekly Review: Investors likely cautious ahead of budget

June 1, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The present government is presenting its first budget just after the Eid holidays and investors likely to take a cautious stance, analysts said. Analysts at Arif Habib Limited said that anticipation of Market Support Funds attracted positive sentiments alongside high volumes. The four day week commenced on a negative note amid lack of clarity […]

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Pakistan Stock Exchange

Stock market makes nominal gain amid selling pressure

May 30, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock market ended flat on Thursday after witnessed high band trading during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 35,974 points as against 35,959 points showing an increase of 15 points. Market carried with the momentum showed yesterday and opened on a positive note today with +259 […]

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