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Tag: KSE-100

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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Pakistan Stock Exchange

Stock market ends down by 381 points on selling pressure

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

KARACHI: The stock market ended down by 381 points on Friday owing to selling pressure on the last trading of the week. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,190 points as against 34,571 points showing a decline of 381 points. Analysts at Arif Habib Limited said that the market was […]

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Pakistan Stock Exchange

Share market plunges despite IMF loan approval

July 4, 2019March 12, 2021Mrs. Anjum Shahnawaz

KARACHI: The share market ended down on Thursday despite positive outcome of loan approval by IMF for Pakistan. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,570 points as against 34,897 points showing a decline of 326 points. Analysts at Arif Habib Limited said that ‘buy the rumor, sell the news’ proved […]

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Pakistan Stock Exchange

Stock market gains 589 points on successful IMF deal expectations

July 3, 2019March 12, 2021Mrs. Anjum Shahnawaz

KARACHI: The stock market gained 589 points on Wednesday on positive expectations of IMF deal conclusion. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,897 points as against 34,307 points showing an increase of 589 points. Analysts at Arif Habib Limited said that KSE-100 index increased again by around 631 points during […]

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