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Home / Author Archives: Matiur Rehman

Author Archives: Matiur Rehman

PSX ends penultimate session before Eid in green, adds 858pts

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KARACHI: The Pakistan Stock Exchange Thursday closed the penultimate trading session before Eid holidays firmly in the green zone as the benchmark KSE-100 index gained 857.85 points, or 1.89pc, by the close of trading to reach 46,332.31 level. The stocks recorded the highest trading level of 46464.38 points and lowest level of 45474.46 points, with the volume of about 295 ... Read More »

PSX gains huge 987pts till midday

KSE 13

KARACHI: The Pakistan Stock Exchange continued its upward journey as the benchmark 100-index gained huge 987 points to take the tally to 46461 points level till midday on Thursday. Earlier, the stocks opened bullish adding 384 points to reach 45858 points level in early trading. On Wednesday, the stocks showed recovery led by oversold banking, fertilizers and oil scrips on ... Read More »

Stocks open bullish, add 384pts

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KARACHI: The Pakistan Stock Exchange Thursday opened bullish adding 384 points to reach 45858 points level in early trading. On Wednesday, the stocks showed recovery led by oversold banking, fertilizers and oil scrips on strong valuations in late session institutional buying. . The benchmark index fluctuated between low of 1,088 points and high of 851 points and finally closed up ... Read More »

PSX bounces back with 560pts to reach 45474.46 level

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KARACHI: The Pakistan Stock Exchange bounced back on Wednesday as the benchmark 100-index added 560.01 points to take the tally to 45474.46 points level. The stocks recorded the highest trading level of 45765.35 points and lowest level of 43826.67 points, with the volume of about 295 million shares and value of Rs16.62 billion. As many as 372 companies were active; ... Read More »

PSX drops 186pts till midday

KSE 1

KARACHI: The Pakistan Stock Exchange (PSX) again witnessed bearish note and shed 186 points to drop to 44728 points level till midday on Wednesday. Earlier, the stocks gained 58 points in early trading to reach 44972 points level. On Tuesday, the bloodbath activity was witnessed at the PSX as aggressive selling was observed in the latter hours of the day, ... Read More »

Stocks gain 58pts in early trading

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) Wednesday gained 58 points in early trading to reach 44972 points level. On Tuesday, the bloodbath activity was witnessed at the PSX as aggressive selling was observed in the latter hours of the day, dragging down the benchmark 100-share index by 1,679 points. The index closed at 44,914 points. Top 10 index point losers ... Read More »

PSX sheds mammoth 1679pts to drop to 44914 level

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KARACHI: The Pakistan Stock Exchange endured a rollercoaster ride on Tuesday and shed massive 1678.90 points to close at 44914.44 points level as volatility continued. The stocks recorded the highest trading level of 46777.33 points and lowest level of 44823.56 points, with the volume of about 295 million shares and value of Rs12.95 billion. As many as 391 companies were ... Read More »

PSX again crushes, sheds huge 1494pts to drop to 45099 level till midday

KSE bear 3

KARACHI: The Pakistan Stock Exchange shed huge 1494 points to drop to 45099.16 points level till midday as volatility continued on Tuesday. Earlier, the stocks started day on positive note and gained 164 points to reach 46758 points level in early trading. On Monday, bear-urn continued as the benchmark KSE-100 index concluded the session at the level of 46,593.34 with ... Read More »

Stocks recoup some points in early trading

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KARACHI: The Pakistan Stock Exchange Tuesday started day on positive note and gained 164 points to reach 46758 points level in early trading. On Monday, bear-urn continued as the benchmark KSE-100 index concluded the session at the level of 46,593.34 with a substantial decline of 265.22 points. Volatile trend was witnessed in the market as the index traded between an ... Read More »

PSX sheds 265pts on first trading day

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KARACHI: After witnessing bullish note in early trading, the Pakistan Stock Exchange closed bearish as the benchmark 100-index dropped 265.22 points to reach 46593.34 points level on Monday. The stocks recorded the highest trading level of 47083.26 points and lowest level of 46312.95 points, with the volume of over 170.26 million shares and value of Rs9.14 billion. As many as ... Read More »

PSX sheds early gains, loses 349pts till midday

KSE2

KARACHI: The Pakistan Stock Exchange (PSX) Monday shed the early gains and lost 349 points to drop to 46509.38 points level till midday. Earlier, the stocks opened positive after gaining 215 points to take the tally to 47073 points level in early trading. On Friday, the PSX stayed in the red zone for third consecutive day as the benchmark KSE ... Read More »

Stocks open week on positive note, add 215pts

PSX, KSE

KARACHI: The Pakistan Stock Exchange (PSX) Monday opened positive after gaining 215 points to take the tally to 47073 points level in early trading. On Friday, the PSX stayed in the red zone for third consecutive day as the benchmark KSE 100-index conceded another 584.17 points and closed at 46,858.56 points. Market lacked volume yesterday, with only 130 million shares ... Read More »

PSX closes negative, loses 47,000 level after shedding 584pts

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KARACHI: Opened on positive note, the Pakistan Stock Exchange closed negative as the benchmark 100-index dropped 584.17 points to reach 46858.56 points level on Friday. The stocks recorded the highest trading level of 47527.41 points and lowest level of 46733.70 points, with the volume of over 129.04 million shares and value of Rs7.36 billion. As many as 320 companies were ... Read More »

PSX goes bearish till midday, sheds 386pts

KSE 2

KARACHI: The Pakistan Stock Exchange became bearish till midday after shedding 386 points to drop to 47056.59 points level on Friday. Earlier, the stocks opened on positive note and added 73 points to reach 47515.53 points level in early trading. On Thursday, the stocks closed lower amid pressure in oil stocks after global crude prices sink below $45/barrel. The benchmark ... Read More »

Stocks open on positive note

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KARACHI: The Pakistan Stock Exchange Friday opened on positive note and added 73 points to reach 47515.53 points level in early trading. On Thursday, the stocks closed lower amid pressure in oil stocks after global crude prices sink below $45/barrel. The benchmark shares index lost 165 points to close at 47,442.73 level. Power Cement emerged volume leader with 110 million ... Read More »

PSX closes negative after shedding 462pts

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KARACHI: Opened on positive note, the Pakistan Stock Exchange shed the early gains as the benchmark 100-index dropped 462.40 points to reach 47608.64 points level at closing on Wednesday. The stocks recorded the highest trading level of 48601.75 points and lowest level of 47484.85 points, with the volume of over 255.54 million shares and value of Rs10.43 billion. As many ... Read More »

PSX gains 76pts till midday

KSE 3 (Large)

KARACHI: The Pakistan Stock Exchange dropped most of the early gains but remain in green zone as the benchmark 100-index gained 76.26 points to reach 48147 points level till midday on Wednesday. Earlier, the stocks opened bullish, getting huge 524 points to reach 48595 points level in early trading. On Tuesday, the stocks showed recovery led by oversold banking, fertilisers ... Read More »

Superintendent Syed Mujahid allowed voluntary retirement

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ISLAMABAD: Federal Board of Revenue has allowed voluntary retirement from the government service to Syed Mujahid Hussain Shah. The competent authority, on completion of 37 years qualifying service for pension, allowed voluntary retirement to Syed Mujahid Hussain Shah, last posted as Superintendent (BS-16) at Model Customs Collectorate of Appraisement, Lahore with effect from August 9, 2017. Read More »

Stocks add 524pts to reach 48595 level in early trading

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KARACHI: The Pakistan Stock Exchange opened bullish, getting huge 524 points to reach 48595 points level in early trading on Wednesday. On Tuesday, the stocks showed recovery led by oversold banking, fertilisers and oil scrips on strong valuations. Market remained volatile throughout the day making an intraday low of 572 points and high of 841 points to finally close at ... Read More »

PSX recoups with 399pts at closing

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KARACHI: The Pakistan Stock Exchange bounced back in the last session as the benchmark 100-index gained 399.24 points to reach 48071.04 points level at closing on Tuesday. The stocks recorded the highest trading level of 48513.23 points and lowest level of 47099.99 points, with the volume of over 317 million shares and value of Rs15 billion. As many as 383 ... Read More »