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Tag: KSE-100

Pakistan Stock Exchange

Stock market gains 406 points on amnesty scheme launching

May 15, 2019April 1, 2021Faisal Shahnawaz

KARACHI: The stock exchange gained 406 points on Wednesday owing to introduction of tax amnesty scheme by the government for undeclared assets. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,291 points as against 33,885 points showing an increase of 406 points. Analysts at Arif Habib Limited said that the market made […]

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Pakistan Stock Exchange

Stock market eases amid buying activities

May 14, 2019April 1, 2021Faisal Shahnawaz

KARACHI: The stock market ended down 15 points on Tuesday despite last hour buying activities. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,885 points as against 33,900 points showing a decline of 15 points. Analysts at Arif Habib Limited said that the market improved slightly and although the index oscillated between […]

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Pakistan Stock Exchange

Stock market plunges by 816 points on IMF loan agreement

May 13, 2019March 10, 2021Faisal Shahnawaz

KARACHI: The stock exchange plunged by 816 points on Monday on report of finalization of loan program with IMF. The benchmark KSE-100 index closed at 33,900 points as against 34,717 points showing a decline of 816 points. Analysts at Arif Habib Limited said that index saw a major draw down of 937 points, post Pakistan […]

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Weekly Review: hopes of recovery in stock market on IMF program

May 11, 2019April 1, 2021Faisal Shahnawaz

KARACHI: With the IMF program expected to be announced soon, investor sentiment can be expected to rebound, analysts said on Saturday. The analyst at Arif Habib Limited said that clarity over the economic direction from the IMF program is likely to resuscitate confidence of investors. As Ramadan started this week, the local bourse continued its […]

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Pakistan Stock Exchange

Equity market ends down by 171 points on concerns over cost of doing business

May 10, 2019June 22, 2026Faisal Shahnawaz

KARACHI: The equity market fell by 171 points on Friday owing to reports of IMF deal and its repercussions on cost of doing business.

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Pakistan Stock Exchange

Stock market extends losses, ends down by 147 points

May 9, 2019April 1, 2021Faisal Shahnawaz

KARACHI: The stock market extended losses on Thursday and fell by 147 points amid continued selling pressure. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 34,887 points as against 35,035 points showing a decline of 147 points. Analysts at Arif Habib Limited said that despite positive movement in index early today, the […]

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Pakistan Stock Exchange

Equity market plunges by 596 points on expected tough budgetary measures

May 8, 2019March 9, 2021Faisal Shahnawaz

KARACHI: The equity market plunged by 596 points on Wednesday owing to concerns over interest rate rise and tough measures in the budget. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 35,035 points as against 35,631 points showing a decline of 596 points. Analysts at Arif Habib Limited said that KSE-100 index […]

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Pakistan Stock Exchange

Equity market ends flat amid selling pressure

May 7, 2019April 2, 2021Faisal Shahnawaz

KARACHI: The equity market gained 25 points on Tuesday amid selling in major scrips. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 35,631 points as against 35,605 points showing an increase of 25 points. First day of Ramadan started on a positive note, went up by 200 points and ended in green […]

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Pakistan Stock Exchange

KSE-100 index falls by 518 points on upcoming MSCI review

May 6, 2019April 2, 2021Faisal Shahnawaz

KARACHI: The stock exchange fell by 518 points on Monday owing to upcoming MSCI review and reports of tax laden budget. The benchmark KSE-100 index of Pakistan Stock Exchange closed at 35,605 points as against 36,123 points showing a decline of 518 points. Market continued negative drive today amidst issues like MSCI review on May […]

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Market Review: IMF loan program to move trading pattern

May 4, 2019June 14, 2026Faisal Shahnawaz

KARACHI: The staff level agreement of the IMF program is expected to restore confidence of the market, analysts said on Saturday.

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