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Home / Author Archives: Matiur Rehman

Author Archives: Matiur Rehman

PSX closes almost flat after a volatile day

kse

KARACHI: The Pakistan Stock Exchange (PSX) Tuesday witnessed a volatile day and even lost 38,000 mark in the intra-day trading but closed almost flat after adding just 43.41 points to take the tally to 38525.11 level. The stocks recorded the highest trading level of 40131.37 points and lowest level of 39931.52 points, with the volume of 96.36 million shares and ... Read More »

PSX loses 38,000 mark after shedding huge 718pts till midday

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KARACHI: The bearish note further intensified at Pakistan Stock Exchange (PSX) till midday as the benchmark 100-index shed huge 718 points to drop to 37764 level on Tuesday. Earlier, the stocks opened bearish after shedding 76 points to reach 38406 level in early trading. Yesterday the PSX benchmark KSE-100 continued to crash hard, clocking in a fresh 2017 intra-day low ... Read More »

Stocks open bearish

KSE

KARACHI: The Pakistan Stock Exchange (PSX) Tuesday opened bearish after shedding 76 points to reach 38406 level in early trading. Yesterday the PSX benchmark KSE-100 continued to crash hard, clocking in a fresh 2017 intra-day low of 38,375 points before bouncing slightly to close the day at 38,482 points, down by 598 points. This has pushed KSE-100 year to date ... Read More »

Stocks start week on bullish note after adding 290pts

PSX, KSE

KARACHI: Pakistan Stock Exchange started new week on positive note after adding 290 points to reach 39370 level I early trading on Monday. Last week, the PSX benchmark KSE-100 index fell 2.3 percent or 930points WoW to close above 39k mark, which is lowest weekly closing in 74 weeks. However, some respite was witnessed during the week when Rupee slipped ... Read More »

PSX closes week on positive note after adding 295pts

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KARACHI: The Pakistan Stock Exchange (PSX) on Friday closed the week on a positive note, with the benchmark KSE-100 index gaining 295 points to close at 39,080 level. Earlier, the stocks bounced back on Friday as the benchmark 100-index gained 255 points to reach 39039 level in early trading. The PSX continued its upward rally and added 388 points to ... Read More »

PSX continues upward journey, gains 388pts till midday

A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. REUTERS/Akhtar Soomro/File Photo

KARACHI: The Pakistan Stock Exchange (PSX) continued its upward rally and added 388 points to take the tally to 39172 level till midday on Friday. Earlier, the stocks bounced back on Friday as the benchmark 100-index gained 255 points to reach 39039 level in early trading. Yesterday, the stocks saw a bloodbath and the benchmark KSE 100-index plunged by 1,123 ... Read More »

Stocks bounce back with 255pts in early trading

kse1

KARACHI: The Pakistan Stock Exchange (PSX) bounced back on Friday as the benchmark 100-index gained 255 points to reach 39039 level in early trading. Yesterday, the stocks saw a bloodbath and the benchmark KSE 100-index plunged by 1,123 points. Bears opened the floodgates yesterday where KSE 100-index fell below the 39,000-point level to close at 17-month low of 38,785 points. ... Read More »

PSX loses mammoth 1,123pts as Qadri hints at protest

KSE

KARACHI: The Pakistan Stock Exchange (PSX) witnessed one of the worst trading days on Thursday as the benchmark KSE-100 index lost 1,123 to hit 38,785. Around 287 traded scrips landed in the red, with K-Electric having lost over six per cent of its value and Worldcall Telecom, TRG, Japan Power and Bank of Punjab also losing over 5pc. “The market ... Read More »

PSX loses massive 599pts as bearish note intensifies till midday

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KARACHI: The bearish note further intensified at the Pakistan Stock Exchange (PSX) till midday as the benchmark 100-index lost massive 599 points to reach 39308 level on Thursday. Earlier, the stocks started day on bearish note and shed huge 351 points to drop to 39557 level in early trading. Yesterday the 100-share index, after making a high of 117 points ... Read More »

Stocks shed huge 351pts in early trading

KSE 2

KARACHI: The Pakistan Stock Exchange (PSX) started day on bearish note and shed huge 351 points to drop to 39557 level in early trading on Thursday. Yesterday the 100-share index, after making a high of 117 points and a low of 120 points, eventually closed down 38 points at 39,907 points. Key sectors contributing to activity in index included oil ... Read More »

PSX sheds another 104pts

kse2

KARACHI: The Pakistan Stock Exchange (PSX) remained bearish as the benchmark 100-index closed at 39,945 points after shedding 104 points as the Lahore High Court (LHC) ordered the Punjab govt to make 2014 Model Town incident’s judicial inquiry report public in 30 days. Top index point detractors were UBL (down 2%), OGDC (1.5%), HBL (1.3%), SNGP (4.9%) & MCB (1.3%), ... Read More »

PSX remains bearish till midday to reach 40037pts

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KARACHI: The Pakistan Stock Exchange (PSX) remained bearish till midday after shedding 13 points to reach 40037 level on Tuesday. Earlier, the stocks opened day on negative note and shed 33 points to reach 40017 level in early trading. Yesterday the stocks started trading week with positive momentum as the benchmark KSE 100-index inched up by 39 points and closed ... Read More »

Stocks open on bearish note

KSE 3

KARACHI: The Pakistan Stock Exchange (PSX) opened day on negative note and shed 33 points to reach 40017 level in early trading on Tuesday. Yesterday the stocks started trading week with positive momentum as the benchmark KSE 100-index inched up by 39 points and closed at 40,050 points. Key sectors contributing positively to the index included oil & gas sector, ... Read More »

PSX closes almost flat at 40050pts

KSE2

KARACHI: The Pakistan Stock Exchange (PSX) Monday witnessed volatility and closed almost flat after adding just 39.44 points to take the tally to 40049.80 level. The stocks recorded the highest trading level of 40131.37 points and lowest level of 39931.52 points, with the volume of 96.36 million shares and value of Rs4.58 billion. As many as 335 companies were active; ... Read More »

PSX goes bearish till midday

KSE 1

KARACHI: The Pakistan Stock Exchange (PSX) became bearish till midday as the benchmark 100-index lost 38 points to drop to 39972 points level on Monday. Earlier, the stocks started new week on bullish note and added 120 points to reach 40130 points level in early trading. Last week, the PSX benchmark KSE 100-index registered only a marginal decline of 0.6 ... Read More »

Stocks start new trading week on positive

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KARACHI: The Pakistan Stock Exchange (PSX) started new week on bullish note and added 120 points to reach 40130 points level in early trading on Monday. Last week, the PSX benchmark KSE 100-index registered only a marginal decline of 0.6 percent WoW to close at 40,010 points. The week also brought in new hope for K-Electric (KEL, +5.16 percent WoW), ... Read More »

PSX crosses 40,000 barrier at closing before long weekend

kse1

KARACHI: The Pakistan Stock Exchange (PSX) Thursday crossed the psychological barrier of 40,000 after adding 337.47 points to take the tally to 40010.36 level at closing before a long weekend. The stocks recorded the highest trading level of 40091.48 points and lowest level of 39672.89 points, with the volume of 180.78 million shares and value of over Rs16 billion. As ... Read More »

PSX remains bullish till midday with 90pts gain

KSE2

KARACHI: The Pakistan Stock Exchange (PSX) remained bullish till midday after gaining 90 points to reach 39762 level on Thursday. Earlier, the PSX benchmark KSE 100-index opened on positive note and added 355 points to reach 40027 points level in early trading. Yesterday, the stocks, after a seesaw, landed back into the green zone, closing up 39 points at 39,673 ... Read More »

Stocks gain 355pts in early trading

KSE-13

KARACHI: The Pakistan Stock Exchange (PSX) benchmark KSE 100-index opened on positive note and added 355 points to reach 40027 points level in early trading on Thursday. Yesterday, the stocks, after a seesaw, landed back into the green zone, closing up 39 points at 39,673 points. Positive sentiment in the market was observed as the PM showed interest towards local ... Read More »

PSX goes bearish to reach 39607 level till midday

KSE

KARACHI: Opened on bullish note, the Pakistan Stock Exchange (PSX) became bearish till midday after shedding 27 points to drop to 39607 level on Wednesday. The stocks opened trying to recoup some losses and added 115 points to reach 39749 points level in early trading. Yesterday, the benchmark KSE-100 index continued to slide, falling 398 points and closing at 39,634 ... Read More »