Tag: PSX

KARACHI: Investors of Pakistan stocks may remain vigilant during the next week owing to prevailing political situation. Analysts at Arif Habib Limited said that the market to remain range bound in the upcoming week as the participants will remain vigilant owing to the political situation in the country.

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KARACHI: Pakistan stocks remained traded in negative zone on Friday owing to ongoing political chaos.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 42,730 points from previous day’s closing of 42,819 points, showing a decline of 89 points.

READ MORE: Stocks shed 164 points on IMF review delay

Analysts at Arif Habib Limited said that the negative session was witnessed at the PSX during the day.

The market opened in the negative zone and continued to trade in the same range as a lackluster opening session concluded.

READ MORE: Pakistan equities gain 187 points in mixed trading session

Investors’ participation in the market remained low due to the ongoing political chaos. The second session began with the same momentum and remained negative until the closing bell.

The mainboard’s volumes remained decent, as third-tier companies continued to dominate the volume board.

READ MORE: Pakistan stocks end down amid profit taking

Sectors contributing to the performance include Commercial Banks (-27.4 points), Technology & Communication (-24.3 points), E&P’s (-22.4 points), Textile Composite (-12.0 points), Vanaspati & Allied Industries (-8.2 points).

READ MORE: Pakistan stocks shed 242 points over delay in IMF talks

Volumes increased from 181.2 million shares to 189.3 million shares (+4.4 per cent DoD). The average traded value decreased by 18 per cent to $22.7 million as against $27.6 million.

Stocks that contributed significantly to the volumes are UNITY, WTL, HASCOL, GCIL and FCCL.

KARACHI: Pakistan stocks fell by 164 points on Thursday due to delay in review of International Monetary Fund (IMF) program.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 42,820 points from previous day’s closing of 42,984 points, showing a gain of 164 points.

READ MORE: Pakistan equities gain 187 points in mixed trading session

Analysts at Arif Habib Limited said that another range-bound session was witnessed at the PSX during the day.

The market opened in the positive zone however, due to the rupee-dollar parity and delayed 10th review of the IMF Program snapped investors’ confidence resulting in the index losing 214.38 points at the intraday low and closing in the red.

READ MORE: Pakistan stocks end down amid profit taking

Investor participation remained slow while 3rd tier scrips generated the most volumes.

Sectors contributing to the performance include Technology & Communication (-28.0 points), Oil & Gas Marketing Companies (-27.1 points), E&P’s (-25.2 points), Food & Personal Care Products (-18.8 points), Vanaspati & Allied Industries (-12.6 points).

READ MORE: Pakistan stocks shed 242 points over delay in IMF talks

Volumes decreased from 186.7 million shares to 181.2 million shares (-2.9 per cent DoD). The average traded value also decreased by 7.7 per cent to USD 27.7 million as against USD 29.9 million.

Stocks that contributed volumes significantly are BIPL, UNITY, TELE, GCIL, and WTL.

READ MORE: Weekly Review: investors may stay cautious on political uncertainty

KARACHI: Pakistan stock gained 187 points on Wednesday in a mixed trading session during the day.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 42,984 points from previous day’s closing of 42,979 points, showing an increase of 187 points.

READ MORE: Pakistan stocks end down amid profit taking

Analysts at Topline Securities said that Pakistan equities had a range bound day today.

The KSE-100 index initially opened in a green zone but succumbed to selling pressure as Pakistan Credit Default Swap (CDS) further increased to 75.50 per cent.

READ MORE: Pakistan stocks shed 242 points over delay in IMF talks

This development put some weigh on market sentiments which directed index towards intraday low at 42,729 (-68 points; down 0.15 per cent).

At the aforesaid level, buying interest kicked in which supported market to made an intraday high at 43,098 (+300 points; up 0.70 per cent) before eventually settled at 42,984 (+187 points; up 0.44 per cent) for the day.

READ MORE: Weekly Review: investors may stay cautious on political uncertainty

During the day, Fertilizer, Tech & Power sector stocks contributed positively to the index where ENGRO, TRG, DAWH, SYS & HUBC added 261 points, cumulatively. On the flip side, PPL, OGDC and HBL have witnessed some profit taking as they lost 45 points collectively, today.

Around 185 million shares traded today at the bourse while total value clocked in at Rs6.6 billion. UNITY led the volumes chart today with trading of 19.4 million shares in it, today.

READ MORE: Stocks continues to gain on foreign inflow expectations

KARACHI: Pakistan stock ended down by 54 points on Tuesday as investors opted for profit taking.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 42,797 points from previous day’s closing of 42,851 points, showing a decline of 54 points.

READ MORE: Pakistan stocks shed 242 points over delay in IMF talks

Analysts at Arif Habib Limited said that a range-bound session was witnessed at the PSX during the day.

The market opened in the red zone on account of political uncertainty, but later in the day investors jumped back, turning the index green and helping it reach an intraday high of 184.95 points.

READ MORE: Weekly Review: investors may stay cautious on political uncertainty

Profit-taking was observed in the final hour of trading causing the index to close in the red. Investors’ participation remained low, on the contrary, 3rd tier stocks remained as volume leaders.

Sectors contributing to the performance include Technology & Communication (-58.6 points), Miscellaneous (-24.6 points), Power Generation & Distribution (-16.8 points), Cement (-16.0 points), and Vanaspati & Allied Industries (-10.1 points).

READ MORE: Stocks continues to gain on foreign inflow expectations

Volumes increased from 185.5 million shares to 188.7 million shares (+1.7 per cent DoD). The average traded value also increased by +23.0 per cent to USD 33.40 million as against USD 27.14 million.

Stocks that contributed significantly to the volumes are LOTCHEM, WTL, TRG, UNITY, and TPLP.

READ MORE: Pakistan equities gain 636 points on AIIB fund inflow

KARACHI: Pakistan stocks fell by 242 points on Monday due to delay in talks with International Monetary Fund (IMF) and rescheduling of Saudi Prince visit.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) fell to 42,851 points from last Friday’s closing of 43,093 points, showing a decline of 242 points.

READ MORE: Weekly Review: investors may stay cautious on political uncertainty

Analysts at Topline Securities said that Pakistan equities commenced the week on a negative note on the backdrop of delay in Pakistan and IMF talks, rescheduling of Saudi Crown Prince’s visit and a rally on global commodity front where international oil prices were trading up over 3 per cent.

READ MORE: Stocks continues to gain on foreign inflow expectations

Meanwhile analysts at Arif Habib Limited said that the benchmark KSE-100 index started the week off poorly. The market started off in the red and proceeded to trade in the same range reaching an intraday low of 42,761.88 points due to lack of investors’ participation.

Mainboard activity remained flat as the 3rd tier stocks continued to be the volume leaders.

READ MORE: Pakistan equities gain 636 points on AIIB fund inflow

Sectors contributing to the performance include E&P’s (-86.5 points), Cement (-38.4 points), Fertilizer (-37.2 points), Commercial Banks (-37.0 points) and Miscellaneous (-31.3 points).

Volumes decreased from 232.8 million shares to 185.5 million shares (-20.3 per cent DoD). The average traded value also decreased by -21.1 per cent to USD 27.14 million as against USD 31.3 million.

Stocks that contributed significantly to the volumes are HASCOL, PTC, LOTCHEM, TRG and WTL.

READ MORE: Pakistan equities extend gain amid inflows expectations

KARACHI: Investors of Pakistan stocks may stay cautious during next week due to political uncertainty, analysts said. The analysts at the Arif Habib Limited said that the market is expected to remain range bound in the upcoming week as the participants will remain cautious due to the political noise in the country.

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KARACHI: Pakistan equities have recorded jump of 636 points on Monday on reports of fund inflow from Asia Infrastructure Bank (AIIB).

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 41,901 points from last trading of 42,265 on November 08, 2022, showing a gain of 636 points.

READ MORE: Pakistan equities extend gain amid inflows expectations

The stock market was remained closed on November 09, 2022 due to public holiday announced by the government on the occasion of Iqbal Day.

Analysts at Topline Securities said that Pakistan equities had witnessed a bullish momentum during the day. The KSE-100 index initially opened in a green zone, stayed positive throughout the day and eventually settled at 42,901 for the day.

READ MORE: Pakistan stocks up 191 points on inflows expectations

The aforesaid sentiment is attributed to easing off on the global energy commodity front where international oil and coal prices came down which lured investors’ interest toward cyclical stocks especially listed construction sector.

In addition to this, finance minister’s announcement of arrival of Asia Infrastructure Investment Bank’s (AIIB) co-financing of US$500 MILLION (under Building Resilience with Active Counter-cyclical Expenditure (BRACE) program of ADB) by the end of the month also supported market sentiment.

READ MORE: Weekly Review: investors may cautious over political noise

During the day, Tech, Bank & E&P sector stocks contributed positively to the index where TRG, MEBL, OGDC, PPL & BAFL added 278 points, cumulatively. On the flip side, PSEL, RMPL and FATIMA have witnessed some profit taking as they lost 52 points collectively, today.

Over 293 million shares traded today at the bourses while total value clocked in at Rs 10.2 billion. HASCOL led the volumes chart today with trading of 41.5 million shares in it, during the day.

READ MORE: Weekly Review: stocks to stay uncertain over PTI’s Long March

KARACHI: Pakistan equities extended gain on Tuesday amid positive sentiments prevailed over expectation of inflows from China and Saudi Arabia.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 42,265 points from previous day’s closing of 42,047 points, showing a gain of 218 points.

READ MORE: Pakistan stocks up 191 points on inflows expectations

Analysts at Topline Securities said that the market continued its yesterday positive momentum over expectation of rollover of $13 billion upcoming debt payment from China and Saudi Arabia further investors also cheered decline in international coal prices which led the Cement sector to remain in limelight.

Meanwhile, the analysts at Arif Habib Limited said that the market witnessed another range bound session during the day.

READ MORE: Weekly Review: investors may cautious over political noise

The market opened in the positive zone continuing its momentum from the previous close as investors’ participation remained sluggish throughout the trading session.

Investors continued value hunting across the board although the cement sector remained in the limelight due to international coal prices plummeting.

READ MORE: Weekly Review: stocks to stay uncertain over PTI’s Long March

Sectors contributing to the performance include Commercial Banks (+97.9 points), Cement (+61.6 points), Fertilizer (+43.2 points), E&P’s (+40.3 points) and Automobile Assembler (+26.7 points).

Volumes decreased from 240.2 million shares to 237.4 million shares (-1.2 per cent DoD). The average traded value increased by 6.5 per cent to $ 26.2 million as against $ 24.6 million.

Stocks that contributed significantly to the volumes are FFL, WTL, CNERGY, HASCOL and HBLTETF.

READ MORE: Pakistan stocks fall amid attack on ex-PM

KARACHI: Pakistan’s stocks witnessed a robust start to the week, with the benchmark KSE-100 index closing 191 points higher on Monday. The market rallied on optimism surrounding expected monetary inflows from China and Saudi Arabia.

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