KARACHI: Pakistan stocks fell by 1,302 points on Thursday owing to war of aggression between Ukraine and Russia.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 43,831 points from previous day’s closing of 45,133 points, showing a decline of 1,302 points.

READ MORE: Equity market gains 121 points in volatile trading

Analysts at Topline Securities said that Pakistan equities witnessed blood bath today as benchmark KSE-100 Index settled at 43,831 level (down 2.89 per cent).

Anticipation of “War of aggression” between Ukraine and Russia led the market to open sideways where market make an intraday low of 1,341 points.

READ MORE: Stocks plunge 351 points on high international oil prices

Major negativity in today’s trading session came from HBL, LUCK, SYS, TRG and ENGRO cumulatively dented the Index by 381 points.

On the results front, HBL announced its 4Q2021 earnings per share at Rs5.7 along with dividend par share – Rs2.25.

READ MORE: Equities shed 313 points in lackluster trading

Traded volume and value for the day increased by 87 per cent and 28 per cent on a DoD basis to 349 million shares and Rs8.74 billion, respectively. FLYNGR1 was today`s volume leader with 38.41 million shares exchanging hands.

READ MORE: Weekly Review: positive sentiments likely on PM Moscow visit

KARACHI: Pakistan equity market gained 121 points on Wednesday in a volatile trading during the day.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,133 points as against previous day’s closing of 45,012 points, showing an increase of 1201 points.

READ MORE: Stocks plunge 351 points on high international oil prices

Analysts at Arif Habib Limited said that the market remained volatile today due to political unrest and higher commodity prices.

Cement sector remained under pressure due to higher international coal prices.

READ MORE: Equities shed 313 points in lackluster trading

In banking sector, UBL remained in the limelight due to announcement of tremendous financial result beating market expectations.

In the last trading hour, value hunting was observed which led the recovery in the market. Activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks.

READ MORE: Weekly Review: positive sentiments likely on PM Moscow visit

Sectors contributing to the performance include Cement (+69.3 points), Banks (+48.0 points), Automobile Assembler (+19.1 points), Tobacco (+11.6 points) and Technology (+11.4 points).

Volumes decreased from 227.2 million shares to 186.4 million shares (-18.0 per cent DoD). Traded value also decreased by 10.8 per cent to reach US$ 38.6 million as against US$ 43.3 million.

Stocks that contributed significantly to the volumes include BOP, TELE, WTL, MLCF and TPLP.

READ MORE: Stocks gain 235 points on declining crude oil prices

KARACHI: Pakistan’s stocks plunged by 351 points on Tuesday due to surge in international oil prices.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,012 points as against 45,363 points, showing a decrease of 351 points.

Analysts at Arif Habib Limited said that the market remained under pressure today due to mounting international oil prices.

READ MORE: Equities shed 313 points in lackluster trading

New York’s West Texas Intermediate crude contract rose more than three percent on Tuesday as Russian President Vladimir Putin deployed troops to separatist areas of Ukraine.

Selling was witnessed throughout the day mainly in the tech and cement stocks, which led the market to stay in the red zone.

READ MORE: Weekly Review: positive sentiments likely on PM Moscow visit

In the last trading hour, value hunting was observed which led to recovery in the market.

Activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks.

Sectors contributing to the performance include technology (-124.2 points), Cement (-54.1 points), Fertilizer (-40.5 points), Power (-38.3 points) and OMC’S (-20.7 points).

READ MORE: Stocks gain 235 points on declining crude oil prices

Volumes increased from 137.7 million shares to 227.2 million shares (+65.0 per cent DoD). Traded value also increased by 111.1 per cent to reach $ 43.3 million as against $ 20.5 million.

Stocks that contributed significantly to the volumes include WTL, BOP, TELE, TRG and TPLP.

READ MORE: Stocks end down by 244 points on corporate results

KARACHI: Pakistan equities lost 313 points on Monday owing to lackluster trading activity during the day.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 45,363 points from last Friday’s closing of 45,676 points, showing a decline of 313 points.

READ MORE: Weekly Review: positive sentiments likely on PM Moscow visit

Analysts at Topline Securities said that Pakistan equities started the week with lackluster activity.

During trading hours, the KSE-100 index lingered in a negative zone most of the day because of dismal investors’ sentiment.

During the day, the KSE 100 index made an intraday low at 45,342 level (-334 points; down 0.74 per cent) and eventually settled at 45,363 level (-313 points; down 0.69 per cent) for the day.

READ MORE: Stocks gain 235 points on declining crude oil prices

On corporate announcement front, Meezan Bank Limited disclosed its year 2021 result where the bank posted earnings of Rs. 17.35, an improvement of 26 per cent over YoY, along with the final cash dividend of Rs. 1.50, making total cash payout of Rs. 6 for the calendar year. The aforesaid result was better than expectation due to higher than anticipated Net Spread Earned and Fee Commission Income.

READ MORE: Stocks end down by 244 points on corporate results

In addition to this, Nishat Mills Limited (NML) also declared its half yearly 2021/2022 accounts where earning per shares (EPS) clocked in at Rs. 15.9 an improvement of 216 per cent YoY. The company didn’t announced any payout with the result.

Bank, Tech, Cement and E&P sectors’ stocks saw some selling today where MEBL, TRG, LUCK and MARI contributed negatively by losing 97 points. On the flip side, BAHL, DCR and FATIMA added 20 points collectively, today.

READ MORE: Stocks shed 47 points on inflation concerns

About 138 million shares traded today while total value clocked in at Rs. 3.6 billion. WTL was volume leader of the day with 19.1 million shares traded in it, today.

KARACHI: Pakistan’s stocks likely to stay positive during next week owing to scheduled visit of Prime Minister Imran Khan to Moscow, Russia.

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KARACHI: Pakistan’s stocks witnessed an increase of 235 points on Friday owing to improved sentiments following decline in crude oil prices.

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KARACHI: Pakistan Stocks ended down by 244 points on Thursday owing to below expectation corporate results.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 45,441 points as against 45,685 points, showing a decrease of 244 points.

READ MORE: Stocks shed 47 points on inflation concerns

Analysts at Topline Securities said that Pakistan equities commenced the day on a negative note in the backdrop of below expectation corporate announcement.

Initially, ENGRO Corp announced the CY21 earnings where company announced Rupee 1 payout against the street expectation of Rupee 4-5.

The reports flow regarding resumption in Russia/Ukraine tension further deteriorated investors’ sentiment which triggered selling across the board.

READ MORE: KSE-100 index gains 88 points in range-bound trading

During the day, the KSE 100 index made an intraday low at 45,259 level (-426 points; down 0.93 per cent). However, value hunting resumed at that level which assisted market to show some recovery and eventually settled at 45,441 level.

Fertilizer, Power, Foods and Bank sectors’ stocks saw selling trend today where ENGRO, HUBC, DAWH and LUCK contributed negatively by losing 124 points. On the flip side, EFERT, MTL and HBL added 33 points collectively, today.

About 153 million shares traded today while total value clocked in at Rs. 4.8 billion. WTL was volume leader of the day with 16.1 million shares traded in it, today.

READ MORE: Stocks plunge 435 points on rising international oil prices

Analysts at Arif Habib Securities said that the market remained under-pressure today due to inflationary concern arising from higher fuel prices.

In cement sector, CHCC and KOHC remained in the limelight as it announced financial result in line with market expectations. Main board activity remained dull. Across the board selling was observed in the last trading hour, which led the market to close in the red zone.

READ MORE: Stocks gain 139 points in range-bound trading

Sectors contributing to the performance include Fertilizer (-56.0 points), Power (-42.0 points), Inv Banks (-36.4 points), Banks (-22.0 points) and Vanaspati & Allied (-16.7 points).

Volumes increased from 145.3 million shares to 152.9 million shares (+5.2 per cent DoD). Traded value also increased by 15.5 per cent to reach US$ 27.2 million as against US$ 23.6 million.

Stocks that contributed significantly to the volumes include WTL, HUMNL, TELE, KEL and UNITY.

KARACHI: Pakistan stocks have declined by 47 points on Wednesday owing to inflation concerns following hike in domestic fuel prices.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 45,685 points as against 45,732 points, showing a decrease of 47 points.

READ MORE: KSE-100 index gains 88 points in range-bound trading

Analysts at Arif Habib Limited said that the market witnessed another range-bound session today due to inflationary concern arising from higher fuel prices.

Index opened on positive note at the start of trading session but closed with negative 46 points.

READ MORE: Stocks plunge 435 points on rising international oil prices

In cement sector, PIOC remained under pressure despite of financial result in line with market expectations. Main board activity remained dull.

In last trading hour, Investors opted for profit-taking which led the market to close in the red zone.

READ MORE: Stocks gain 139 points in range-bound trading

Sectors contributing to the performance include Commercial Banks (-28.1 points), Cement (-28.1 points), OMC (-12.4 points), E&P (-6.0 points) and Sugar (-4.5 points).

Volumes decreased from 274.6 million shares to 145.3 million shares (-47.1 per cent DoD). Traded value also decreased by 38.8 per cent to reach US$ 23.5 million as against US$ 38.5 million.

Stocks that contributed significantly to the volumes include KEL, WTL, FABL, HUMNL and BOP.

READ MORE: Stocks plummet by 400 points in dull trading

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) gained 88 points on Tuesday in a range-bound trading activity.

The index closed at 45,732 points as against previous day’s closing of 45,644 points, showing an increase of 88 points.

READ MORE: Stocks plunge 435 points on rising international oil prices

Analysts at Arif Habib Limited said that the market witnessed range-bound activity today due to mounting international oil prices.

Index opened on positive note at the start of trading session and managed to close positive with 88 points.

READ MORE: Stocks gain 139 points in range-bound trading

In IPPs, HUBC remained under pressure due to disappointing financial result. In Banking sector, AKBL made the journey to lower circuit due to no payout in the financial result. Main board activity remained dull.

Sectors contributing to the performance include Fertilizer (+31.3 points), Technology (+31.1 points), Automobile (+18.6 points), Cement (14.4 points) and Inv. Banks (+10.8 points).

READ MORE: Stocks plummet by 400 points in dull trading

Volumes increased from 187.8 million shares to 274.6 million shares (+46.2 per cent DoD). Traded value also increased by 13.7 per cent to reach US$ 38.4 million as against US$ 33.8 million.

Stocks that contributed significantly to the volumes include WTL, KEL, TELE, TPLP and TRG. 

READ MORE: Stocks gain 392 points in bullish trading

KARACHI: Pakistan stocks plunged by 435 points on Monday as crude oil prices surged to seven-year high in the international markets.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,644 points as against last Friday’s closing of 46,079.37 points, showing a decrease of 435 points.

READ MORE: Stocks gain 139 points in range-bound trading

Analysts at Arif Habib Limited said that bloodbath session was witnessed today as crude oil prices surged to a seven-year high in the international markets amid intensifying tensions between Ukraine and Russia.

Cement sector stayed under pressure due to higher international coal prices. Across the board selling was recorded as investors opted for risk-averse approach. Main board activity remained dull.

READ MORE: Stocks plummet by 400 points in dull trading

On the flip-side, activity continued to remain side-ways as market witnessed hefty volumes in the 3rd tier stocks.

Sectors contributing to the performance include Commercial Banks (-76.6 points), Technology (-63.1 points), Fertilizer (-53.6 points), Cement (-42.6 points) and Engineering (-31.9 points).

READ MORE: Stocks gain 392 points in bullish trading

Volumes increased from 170.6 million shares to 187.8 million shares (+10.1 per cent DoD). Traded value decreased by 23.0 per cent to reach US$ 33.9 million as against US$ 44.0 million.

Stocks that contributed significantly to the volumes include WTL, TELE, GGL, TRG and TPLP.

READ MORE: Stocks end up 107 points in volatile trading