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Author Archives: Matiur Rehman

Stocks start day keeping previous day’s bullish note

KSE14

KARACHI: The Pakistan Stock Exchange (PSX) started day keeping previous day’s bullish note and gained 140 points to reach 42763 level in early trading on Wednesday. On Tuesday, the bulls dominated the PSX with the benchmark KSE-100 index gaining 484 points to close at 42,623 points. The index opened higher and continued on an upward path for almost the entire ... Read More »

PSX gains 484pts as bullish sentiment helps index maintain upward trajectory

kse

KARACHI: The Pakistan Stock Exchange continued recovery as it performed remarkably on Tuesday, with the index advancing 529 points in intra-day trading to finish its second successive session in the green. The KSE-100 index opened on a negative note; however, the decline was short-lived. With clarity on the political front, bullish market sentiment helped the index maintain an upward trajectory. ... Read More »

PSX opens week on bullish note

kse1

KARACHI: The Pakistan Stock Exchange (PSX) opened the week in the positive zone with the benchmark KSE-100 index gaining 64 points to close at 42,139. The index traded sideways before rallying strongly after news of consensus over the caretaker prime minister broke. It subsequently touched a day’s high of 42,453 points. Over 139 million shares worth Rs6.35 billion were traded ... Read More »

PSX goes bearish till midday

KSE 1

KARACHI: Opened on positive note, the Pakistan Stock Exchange became bearish till midday as the benchmark 100-index shed 65 points to drop to 42009 on Monday. The stocks started new week on positive note and added 43 points to reach 42117 level in early trading. On Friday, negativity prevailed around the clock as the index lost 462 points to close ... Read More »

Stocks open week on positive note

KSE

KARACHI: The Pakistan Stock Exchange started new week on positive note and added 43 points to reach 42117 level in early trading on Monday. On Friday, negativity prevailed around the clock as the index lost 462 points to close at 43,136 levels, owing to jitters from the political backdrop and last day of futures rollover. Volumes remained lackluster as 110 ... Read More »

PSX closes week on bearish note after shedding huge 462pts

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KARACHI: The Pakistan Stock Exchange closed week on bearish note as the benchmark 100-index lost 462.07 points to reach 42074.09 on Friday. The stocks recorded the highest trading level of 42570.77 points and lowest level of 42000.47 points, with the volume of 109.67 million shares and value of Rs3.66 billion. As many as 303 companies were active; of which 81 ... Read More »

PSX sheds another 289pts till midday

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KARACHI: The bearish note further deepened at Pakistan Stock Exchange (PSX) till midday as the benchmark 100-index lost 289 points to drop to 42247 level on Friday. The stocks started the last trading day of week on bearish note and lost 49 points to reach 42487 level in early trading. On Thursday, the PSX landed in the red, with the ... Read More »

Stocks start trading on bearish note

KSE

KARACHI: The Pakistan Stock Exchange (PSX) on Friday started the last trading day of week on bearish note and lost 49 points to reach 42487 level in early trading. On Thursday, the stocks landed in the red, with the benchmark KSE-100 index shedding 236 points to close at 42,536 points. The benchmark index opened on a positive note to hit ... Read More »

PSX loses 236pts as bears roar again

KSE 2

KARACHI: The Pakistan Stock Exchange again closed bearish as the benchmark 100-index lost 236 points to reach 42536.16 on Thursday. The stocks recorded the highest trading level of 42838.15 points and lowest level of 42446.82 points, with the volume of 127.17 million shares and value of Rs4.66 billion. As many as 325 companies were active; of which 112 advanced, 184 ... Read More »

PSX loses 137pts till midday

KSE 1

KARACHI: The Pakistan Stock Exchange (PSX) remained bearish till midday as the benchmark 100-index lost 137 points to drop to 42636 level on Thursday. The stocks started day on negative note and shed 58 points to reach 42714 level in early trading. On Wednesday, the stocks managed to close in the positive zone with the benchmark KSE-100 index gaining 27 ... Read More »

Stocks start day on negative note

KSE bear 3

KARACHI: The Pakistan Stock Exchange (PSX) started day on negative note and shed 58 points to drop to 42714 level in early trading. On Wednesday, the stocks managed to close in the positive zone with the benchmark KSE-100 index gaining 27 points to close at 42,771 points. The benchmark index opened higher to peak at 43,061 points but lost points ... Read More »

PSX closes flat at 42772 level

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KARACHI: Opened on positive note, the Pakistan Stock Exchange shed all the early gains and closed flat as the benchmark 100-index gained 27.43 points to reach 42772.25 on Wednesday. The stocks recorded the highest trading level of 43060.68 points and lowest level of 42676.51 points, with the volume of 140.84 million shares and value of Rs7.21 billion. As many as ... Read More »

PSX goes bearish till midday

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KARACHI: Opened on positive note, the Pakistan Stock Exchange became bearish till midday after shedding 41 points to drop to 42703 level on Wednesday. The stocks opened on bullish day and crossed the psychological barrier of 43,000 after adding 292 points to reach 43037 in early trading. Bears were defeated in Tuesday’s trading session at the Pakistan Stock Exchange despite ... Read More »

Stocks cross 43,000 mark in early trading

KSE-13

KARACHI: The Pakistan Stock Exchange Wednesday opened on bullish day and crossed the psychological barrier of 43,000 after adding 292 points to reach 43037 in early trading. Bears were defeated in Tuesday’s trading session at the Pakistan Stock Exchange despite tension in the political environment as the market witnessed major recovery. Stock market opened positive and touched a high of ... Read More »

PSX gains mammoth 1096pts to close at 42745 level

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KARACHI: The Pakistan Stock Exchange on Tuesday gained huge 1096.17 points to take the tally to 42744.82 level after witnessing a bullish day. The stocks recorded the highest trading level of 42770.41 points and lowest level of 41648.65 points, with the volume of 140.84 million shares and value of Rs7.21 billion. As many as 339 companies were active; of which ... Read More »

PSX adds massive 632pts till midday

KSE2

KARACHI: The Pakistan Stock Exchange added massive 632 points to take the tally to 42281 level till midday on Tuesday. The PSX started trading on bullish note and gained 126 points to reach 41775 level in early trading. The stocks closed flat on the first day of the rollover week in absence of any positive trigger despite of the approval ... Read More »

Stocks start day on bullish note

KSE stocks

KARACHI: The Pakistan Stock Exchange started trading on bullish note and gained 126 points to reach 41775 level in early trading on Tuesday. The stocks closed flat on the first day of the rollover week in absence of any positive trigger despite of the approval of FY19 budget by the parliament on Friday. Investors remained concerned as government has not ... Read More »

PSX closes almost flat after witnessing a bullish day

KSE 2

KARACHI: The Pakistan Stock Exchange witnessed a bullish day on the first day of new week but shed most of the early gains at closing and ended almost flat as the benchmark 100 index gained 25 paisas to reach 41648.65 level on Monday. The stocks recorded the highest trading level of 41912.68 points and lowest level of 41591.44 points, with ... Read More »

PSX remains bullish 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 remained bullish till midday as the benchmark 100-index added 136 points to take the tally to 41760 level on Monday. The stocks started new week on positive note and added 108 points to reach 41731 level in early trading. On Friday, the stocks witnessed another lacklustre session on Friday as the 100-share index traded between ... Read More »

Stocks open new week on positive note

kse 10

KARACHI: The Pakistan Stock Exchange started new week on positive note and added 108 points to reach 41731 level in early trading on Monday. On Friday, the stocks witnessed another lacklustre session on Friday as the 100-share index traded between an intra-day high of +105 points and a low of -412 points to finally close down 246 points at 41,623 ... Read More »