Tag: KSE-100

KARACHI: The stock market likely to gain momentum following major reshuffle in the federal cabinet and inclusion of technocrats. Analysts at Arif Habib Limited expected the market to continue the momentum it gained on Friday and remain in the green next week. “Inclusion of technocrats into the federal cabinet may be seen as a positive […]

KARACHI: The stock exchange on Friday welcomed the resignation of Asad Umar from the post of finance minister by gaining 481 points. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 37,292 points as against 36,811 points showing an increase of 481 points (+1.3 percent DoD). Analysts at Arif Habib Limited said that […]

KARACHI: The equity market gained 59 points on Thursday after witnessing seesaw trading during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 36,811 points as against 36,753 points showing an increase of 59 points. Analysts at Arif Habib Limited said that the market had an exciting session where the Index […]

KARACHI: The equity market plunged by over 600 points on Wednesday owing to selling pressure and proposed treasury single account. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 36,753 points as against 37,382 points showing a decline of 629 points. Analysts at Arif Habib Limited said that the profit booking at the […]

KARACHI: The stock market ended down by 122 points on Tuesday following profit taking during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 37,382 points as against 37,504 points showing a decline of 122 points. Analysts at Arif Habib Limited said that the market saw attrition of 91 points (unadjusted) […]

KARACHI: The equity market gained 166 points on Monday in mixed trading sessions. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 37,504 points as against 37,338 points showing an increase of 166 points. Analysts at Arif Habib Limited said that the market continued the trend showed last week with an upward move […]

KARACHI: The stock market likely to perform better during next week owing to launching of new amnesty scheme and progress on IMF bailout package. Analysts at Arif Habib Limited said that the market to turn positive in upcoming days with triggers including amnesty announcement and agreement with the IMF (principal agreement has been reached but […]

KARACHI: The equity market made recovery of over 550 points on Friday on reports of IMF loan program. The benchmark KSE-100 of Pakistan Stock Exchange (PSX) closed at 37,338 points as against 36,787 points showing an increase of 550 points. Analysts at Arif Habib Limited said that the index saw significant recovery today. The session […]

KARACHI: The equity market ended with gain of 208 points on Thursday in a narrow band trading. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 36,787 points as against 36,579 points showing an increase of 208 points. Analysts at Arif Habib Limited said that the market traded in a narrow band today, […]

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) plunged to 33-month low on Wednesday due to downward revision in growth forecast by IMF for Pakistan. Analysts at Topline Securities said that KSE 100 index closed at 36,579 index level (-551 point or 1.5 percent) which is a 33-month low. Downward revision in growth […]