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Author Archives: Matiur Rehman

PSX bounces back with massive 825pts to touch 41558 level

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KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 recouped massive 824.62 points to take the tally to 41558.07 level on Thursday. The stocks recorded the highest trading level of 41614.28 points and lowest level of 40733.45 points, with the volume of 232.17 million shares and value of Rs11.50 billion. As many as 356 companies were active; of which 272 advanced, ... Read More »

PSX crosses 41,000 level after adding about 300pts till midday

KSE-13

KARACHI: The Pakistan Stock Exchange (PSX) Thursday continued its upward journey and gained another 298.52 points to take the tally to 41031.97 points level till midday. Earlier, the stocks soon after starting the day added 223.65 points to reach 40957 points level. On Wednesday, the PSX benchmark KSE-100 index closed flat at 40,733 points amid see-saw sentiments during the course ... Read More »

Stocks add over 220pts in early trading

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KARACHI: The Pakistan Stock Exchange (PSX) Thursday added 223.65 points to reach 40957 points level in early trading. On Wednesday, the PSX benchmark KSE-100 index closed flat at 40,733 points amid see-saw sentiments during the course of the session. On the flip side, laggards remained fertiliser erode 34 points, food and personal care products shed 23 points, power generation & ... Read More »

PSX closes flat despite making last session comeback

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KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 regained most of the early losses but closed flat after adding just 8.49 points to reach 40733.45 level on Wednesday. The stocks recorded the highest trading level of 40872.48 points and lowest level of 40224.20 points, with the volume of 138.11 million shares and value of Rs6.18 billion. As many as 343 ... Read More »

PSX sheds 232pts till midday

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KARACHI: The Pakistan Stock Exchange (PSX) shed another 232 points till midday to drop to 40493 points level on Wednesday. Earlier, the stocks started day keeping previous day’s bearish note and shed 83 points in early trading to reach 40642 points level. On Tuesday, the benchmark KSE 100-index registered a decline of 66 points and closed at 40,725 points. Bullish ... Read More »

Stocks open bearish

KSE 2

KARACHI: The Pakistan Stock Exchange (PSX) started day keeping previous day’s bearish note and shed 83 points in early trading to reach 40642 points level on Wednesday. On Tuesday, the benchmark KSE 100-index registered a decline of 66 points and closed at 40,725 points. Bullish sentiments prevailed during the initial hours of the day, taking KSE-100 index up by 562 ... Read More »

Volatile session at PSX erases early gains as 100-index closes negative

KSE 3

KARACHI: A volatile session was seen at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 erasing intraday gains on Tuesday to close with a loss of 66 points at 40,725. The stocks recorded the highest trading level of 41353.23 points and lowest level of 40692.09 points, with the volume of 166.8 million shares and value of Rs9.71 billion. As ... Read More »

PSX gains massive 562pts to reach 41353 level till midday

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KARACHI: The Pakistan Stock Exchange (PSX) remained bullish till midday after adding another 562 points to take the tally to 41353 points level on Tuesday. The stocks continued its upward rally in early trading and added 264 points to reach 41055 points level. On Monday, the stocks managed to stage a strong comeback as market participants cherished the announcement of ... Read More »

Stocks regain 41,000 level in early trading

KSE stocks

KARACHI: The Pakistan Stock Exchange (PSX) Tuesday continued its upward rally in early trading and added 264 points to reach 41055 points level. On Monday, the stocks managed to stage a strong comeback as market participants cherished the announcement of a possible support package by Prime Minister for revival of stock market. The benchmark KSE 100-index rallied by 945 points ... Read More »

PSX recoups with huge 944.61pts

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KARACHI: The Pakistan Stock Exchange (PSX) bounced back with huge 944.61 points on Monday to take the tally to 40791.39 points level at closing. The stocks recorded the highest trading level of 40813.53 points and lowest level of 39846.78 points, with the volume of 124.8 million shares and value of Rs6.02 billion. As many as 359 companies were active; of ... Read More »

PSX remains buoyant till midday with 479pts gain

A man takes a nap on a couch under an electronic board displaying share prices during trading session at the Karachi Stock Exchange April 2, 2014. REUTERS/Akhtar Soomro/File Photo

KARACHI: The Pakistan Stock Exchange continued its upward rally to reach 40325 level after adding 479 points till midday on Monday. Earlier, the stocks started new week on positive note after recouping 454 points to regain 40,000 mark and reached 40301 points level in early trading. Last week the PSX benchmark KSE-100 index closed below 40,000 after almost a year ... Read More »

Stocks regain 40,000 mark in early trading

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KARACHI: The Pakistan Stock Exchange started new week on positive note after recouping 454 points to regain 40,000 mark and reached 40301 points level in early trading on Monday. Last week the PSX benchmark KSE-100 index closed below 40,000 after almost a year by shedding another 1,466 points this week (-3.5 percent WoW), taking losses in YTD 2017 to an ... Read More »

PSX drops to year’s lowest level of 39846.78pts

KSE

KARACHI: The Pakistan Stock Exchange (PSX) witnessed fifth consecutive trading day of bearish session on Friday as the benchmark KSE-100 Index also lost 40,000 mark after shedding 2390.75 points, or 0.97 per cent, to close at 39846.78 points, lowest in 2017. The stocks recorded the highest trading level of 40237.53 points and lowest level of 39478.05 points, with the volume ... Read More »

PSX drops huge 655pts as bearish trend further intensifies till midday

KSE 2

KARACHI: The bearish trend at the Pakistan Stock Exchange (PSX) intensified till midday on Friday as the benchmark 100-index dropped huge 655 points to reach 39583 points level. Earlier, the PSX opened shedding 477 points and also lost 40,000 mark to reach 39760 points level in early trading. On Thursday, the stocks witnessed another volatile session as the benchmark index, ... Read More »

Stocks lose 40,000 mark in early trading

KSE bear 3

KARACHI: The Pakistan Stock Exchange (PSX) Friday opened shedding 477 points and also lost 40,000 mark to reach 39760 points level in early trading. On Thursday, the stocks witnessed another volatile session as the benchmark index, after making an intra-day high of 288 points and a low of 669 points, closed at 40,237 points, plummeting by 266 points. This is ... Read More »

PSX witnesses fourth day of volatility, plunges by 266pts

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KARACHI: The Pakistan Stock Exchange (PSX) witnessed fourth consecutive trading day of bearish session on Thursday with the benchmark KSE-100 Index plunging 266 points, or 0.66 per cent, to close at 40,237 points. The stocks recorded the highest trading level of 40791.91 points and lowest level of 39834.10 points, with the volume of 138 million shares and value of Rs6.12 ... Read More »

PSX drops 278pts as downward rally continues till midday

KSE 3 (Large)

KARACHI: The downward journey continued at the Pakistan Stock Exchange till midday as the benchmark 100-index dropped 278.33 points to reach 40225 point level on Thursday. Earlier, the stocks started trading on positive note after adding 283 points to reach 40786 points level in early trading. On Wednesday, the PSX remained volatile throughout the day and the 100-share index shed ... Read More »

Stocks open positive after gaining 283pts

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KARACHI: The Pakistan Stock Exchange Thursday started trading on positive note after adding 283 points to reach 40786 points level in early trading. On Wednesday, the downward journey continued as the PSX remained volatile throughout the day and the 100-share index shed another 107 points and closed at 40,503 points. Index point losers included MARI (down 4.7%), SNGP (4.2%), FFC ... Read More »

PSX loses another 107pts as bear-run continues

PSX, KSE

KARACHI: The Pakistan Stock Exchange Wednesday also remained bearish and lost 107.04 points to drop to 40503.68 points level. The stocks recorded the highest trading level of 40776.97 points and lowest level of 40315.02 points, with the volume of over 129.56 million shares and value of Rs5.39 billion. As many as 356 companies were active; of which 138 advanced,200 declined ... Read More »

PSX recoups some losses till midday

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KARACHI: The Pakistan Stock Exchange (PSX) bounced back with 86 points till midday to reach 40696 points level on Wednesday. Earlier, the stocks started day keeping previous day’s bearish trend and shed 201 points to reach 40409 points level in early trading. On Tuesday, the stocks witnessed another uninspiring session as the benchmark KSE-100 index witnessed a sharp decline of ... Read More »