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Tag: KSE-100

Pakistan Stock Exchange

Stock market gains over 1,000 points on market support fund

May 29, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock market on Wednesday witnessed sharp gain of over 1,000 points over clarity in market support fund. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 35,959 points as against 34,949 points showing an increase of 1010 points. Analyst at Arif Habib Limited said that market bounced from the word Go. […]

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Pakistan Stock Exchange

Stock market falls by 748 points on profit taking

May 28, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock market fell by 748 points on Tuesday on aggressive profit taking by the investors. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,949 points as against 35,697 points showing a decline of 748 points. Analysts at Arif Habib Limited said that the market took a major bantering today after […]

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KSE-100 earnings decline by 1.2pc in July – March

May 27, 2019March 30, 2021Faisal Shahnawaz

KARACHI: The earnings of benchmark KSE-100 index of Pakistan Stock Exchange witnessed a decline of 1.2 percent year on year during July – March 2018/2019. Analysts at Arif Habib Limited said on Monday that based on sectoral weight, this was led primarily by Cements (-7.8 percent YoY; 5.7 percent weight), Oil & Gas Marketing Companies […]

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Pakistan Stock Exchange

Stock market ends flat in range bound activity

May 27, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock market ended flat on Monday in range bound trading activities. The Index closed at 35,697 points as against 35,704 points showing a slight decline of 6 points. Analysts at Arif Habib Limited said that market traded range bound between -93 points and +188 points. The volumes on Al Shares Index withered as […]

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Weekly Review: PSX stabilization fund to keep positive sentiments

May 25, 2019March 31, 2021Faisal Shahnawaz

KARACHI: Stock market likely positive in the upcoming weeks amid activation of a PSX stabilization fund in the foreseeable future, analysts said. This sentiment with also continue along with contraction in the Current Account Deficit (CAD) by 27 percent in 10MFY19 which may improve investor sentiments, analysts at Arif Habib Limited said. However, they said, […]

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Pakistan Stock Exchange

KSE-100 gains 123 points amid selling activity

May 24, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock market ended with gain of 123 points on Friday despite selling activity observed at the end of the trading. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 35,704 points as against 35,581 points showing an increase of 123 points. Analysts at Arif Habib Limited said that the market opened […]

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Pakistan Stock Exchange

Equity market makes another 944-point gain on positive sentiments

May 23, 2019December 26, 2023Faisal Shahnawaz

The Pakistan Stock Exchange (PSX) witnessed a substantial uptrend on Thursday, as the benchmark KSE-100 index surged by an impressive 944 points, closing at 35,581 points.

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Pakistan Stock Exchange

Stock market recovers 1195 points on hopes of state fund buying

May 22, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock exchange recovered around 1195 points on Wednesday on the hope of buying through state fund. The benchmark KSE-100 index closed at 34,637 points as against 33,442 points showing an increase of 1195 points. Analysts at Arif Habib Limited said that the market is showing signs of a bull run in the wake […]

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Pakistan Stock Exchange

Stock market gains 192 points on positive sentiments

May 21, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock market ended with gain on Tuesday continuing the positive sentiments for second consecutive day. The benchmark KSE-100 index closed at 34,442 points as compared with previous day’s closing of 33,250 points with gain 192 points. Analysts at Topline Securities said that second consecutive session closed in positive trajectory, as bourse gained 192 […]

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Pakistan Stock Exchange

Stock market gains 84 points after early day losses

May 20, 2019March 31, 2021Faisal Shahnawaz

KARACHI: The stock market ended with gain of 84 points after recovery from massive loss earlier in the day on Monday. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,250 points as against 33,166 points showing an increase of +84 points Analysts at Arif Habib Limited said that KSE-100 index showed first […]

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