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Author Archives: Shahid Imran

KSE 100-index up 305.64 pts or 0.91% on foreign buying

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 305.64 points or 0.91 percent to reach 33839.28 points and volume of 155,433,960 shares on Wednesday. Earlier, trading session started on a positive note as the index added more than 300 points in first half hour. But later, investors’ preferred to liquidate their portfolios and book profit at high levels and repurchase latter ... Read More »

KSE 100-index up 270pts or 0.81% on foreign buying

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 269.95 points or 0.81 percent to reach 33729.96 points and volume of 143,908,650 shares on Thursday. Earlier, trading session started on a positive note as the index added more than 200 points in first half hour. But later, investors’ preferred to liquidate their portfolios and book profit at high levels and repurchase ... Read More »

Closing: KSE 100-index loses another 116pts, down 0.35% to close in red zone

KSE2

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 115.93 points or 0.35 percent to reach 33460.01 points and volume of 158,797,280 shares on Wednesday. In midday trading, the benchmark 100-index once again lost its early gains as the 100-index suffered 133.64 points loss and down by 0.40 per cent to 33442.30 level. Earlier, the KSE started with positive note, recouping the ... Read More »

Closing: KSE 100-index plunges 268pts, down 0.79% on vigilant trading

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 268.36 points or 0.79 percent to reach 33575.94 points and volume of 205,280,470 shares on Tuesday. In midday trading,  started with the bullish trend the Karachi Stock Exchanged turned negative and shed 51.50 points to drop to 33792.80 level. Earlier, the bulls ruled the Karachi Stock Exchange on Tuesday as 100-index added 82.84 ... Read More »

Chamber organizes UAE-Poland business forum

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ABU DHABI: His Excellency Mohammed Thani Murshid Al-Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber of Commerce and Industry, received His Excellency Prof. Adam Kachimovski, Poland’s Ambassador to the UAE, at the Chamber’s Tower on Sunday. Both sides discussed developing cooperation relations between companies operating in the Emirate ... Read More »

Closing: KSE 100-index gains 69pts, up 0.20% to end trading in green zone

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 69.17 points or 0.20 percent to reach 33844.29 points and volume of 174,915,170 shares on last day of trading, Friday. In midday trading, though the Karachi Stock Exchange shed some early gains, but it remained in green zone as benchmark KSE-100 index added 116.91 points to take the tally to 33892.03 level. ... Read More »

Closing: Karachi Stock Exchange up 318.38pts or 0.95% to end trading at 33775 points

KARACHI: The Karachi Stock Exchange benchmark 100-index 318.38points or 0.95 percent to reach 33775.12 points and volume of 165,276,660 shares on last day of trading, Friday. In midday trading, the benchmark 100-index kept the momentum of early bullish note as 100-index added 304.45 points to take the mark to 33761.19 level. Earlier, the KSE brought another good day for investors ... Read More »

Closing: KSE plummets 34pts, down 0.10% amid ‘volatile’ Karachi

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 33.91 points or 0.10 percent to reach 33456.74 points and volume of 226,473,540 shares on Thursday as tension grew in Karachi amid by-election of NA-246 constituency. Twelve candidates including Muttahida Quami Movement (MQM)’s Kanwar Naveed Jameel, Pakistan Tehreek-e-Insaf’s  Imran Ismail and Jamaat-i-Islami’s Rashid Naseem were in the run for NA-246. By-election in ... Read More »

Closing: KSE plunges 269pts, down 0.81% as MQM, PTI vie for NA-246 seat

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 268.87 points or 0.81 percent to reach 33035.77 points and volume of 196,173,890 shares on Tuesday as tension grew in Karachi NA-246 by-elections. Pakistan Tehreek-e-Insaf (PTI) and Muttahida Quami Movement (MQM) were main contestants in by-elections of NA-246 and as the Pakistan Tehreek-i-Insaf and the Jamaat-i-Islami take on the Muttahida Qaumi Movement ... Read More »

Closing: KSE gains 70pts, up 0.21% on productive economic forecast

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KARACHI: The Karachi Stock Exchange benchmark 100-index gained 69.91 points or 0.21 percent to reach 33304.64 points and volume of 284,266,710shares on Monday as experts forecast a productive week ahead on arrival of Chinese President Xi Jingping . At midday trading, country’s biggest stock market maintained the last week’s bullish momentum and gained 283.60 points or 0.85 per cent to ... Read More »

Closing: KSE bags enormous gains of 488pts, up 1.51% ahead of President Xi’s visit next week

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 487.57 points or 1.51 percent to reach 32736.43 points and volume of 272,204,960 shares on Thursday. At midday trading, 100-index maintained the bullish trend and added 326.80 points to reach 32575.66 points. Today, number of total traded companies was 356, out of which 235 were up 95 were down and 26 were unchanged. Power ... Read More »

Closing: KSE recovers yesterday’s losses of 139pts, up 0.43% on political uncertainty

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 138.99 points or 0.43 percent to reach 32248.86 points and volume of 163,774,670 shares on Wednesday. At midday trading, the benchmark 100-index witnessed fluctuation in the trading and lost the early gains, however, it remained in green zone. CEMENT were the top traded sector with total traded volume of 44,819,400 shares. It was ... Read More »

KSE sheds 139pts or 0.43% on institutional offload ahead of budget proposals

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KARACHI: The Karachi Stock Exchange benchmark 100-index lost 138.58 points or 0.43 percent to reach 32109.87 points and volume of 180,213,450 shares on institutional offloading ahead of budget proposals on Tuesday. At midday trading, the benchmark 100-index recorded the highest level of trading at 32286.72 points and lowest level of 32071.90 points with the total volume of 95,997,650 shares, having Rs4,522,539,564 ... Read More »

Closing: KSE bags splendid recovery of 337pts or 1.05% to end trading in green zone

KSE

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 337.02 points or 1.05 percent to reach 32013.91points and volume of 211,987,280 shares on Friday. Earlier, the KSE 100-index gained 209.17 points or 0.65 per cent to reach 32223.08points, with volume of 18,077,150 shares in morning trading. The National Clearing Company of Pakistan Limited (NCCPL), which provides clearing and settlement services to ... Read More »

Closing: KSE bags splendid recovery of 337pts or 1.05% to end trading in green zone

KSE

  KARACHI: The Karachi Stock Exchange benchmark 100-index gained 337.02 points or 1.05 percent to reach 32013.91points and volume of 211,987,280 shares on Friday. Earlier, the KSE 100-index gained 209.17 points or 0.65 per cent to reach 32223.08points, with volume of 18,077,150 shares in morning trading. The National Clearing Company of Pakistan Limited (NCCPL), which provides clearing and settlement services ... Read More »

Closing: KSE-100 manages to end positive, gains 127pts or 0.40% to close above 32,000pts

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 126.61 points or 0.40 percent to reach 32013.91points and volume of 159,479,270shares on Thursday. Earlier, the KSE benchmark 100-index witnessed maximum trading level of 31914.22 points and minimum level of 31710.15 points with the total volume of 94,472,680 shares, having value of Rs5, 429,699,109. The three top traded companies remained TRG Pak ... Read More »

Closing: KSE bounces back with 287pts or 0.91% gains to end in green zone 

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  KARACHI: The Karachi Stock Exchange benchmark 100-index gained 286.57 points or 0.91percent to reach 31887.30 points and volume of 199,747,830 shares on Wednesday. Earlier, stocks maintained the positive rally till midday on Wednesday, recording a 370.78 points rise to reach 31971.51 points mark with a volume of 103,406,640 shares. The three top traded companies remained MapleLeafCement XD with a volume of ... Read More »

Closing: KSE drops 151pts or 0.48% on vigilant trading  

  KARACHI: The Karachi Stock Exchange benchmark 100-index lost 151.44 points or 1.08percent to reach 31600.73 points and volume of 199,597,460 shares on Monday. Earlier, stocks plummet, extending losses as benchmark KSE 100-index lost 206.95 points or 0.64 per cent to fall to 31545.22 points till midday trading on Tuesday. The buoyancy turned negative and the market failed to recoup overnight ... Read More »

Closing: KSE seems on track, adds 338pts or 1.23% to start ‘a positive week’

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 338.21 points or 1.08percent to reach 31752.17 points and volume of 183,047,850 shares on Monday. The benchmark KSE 100-index gained 159.87 points or 0.51 per cent to reach 31573.83points with the total volume of 90,781,470 shares, having 5,519,610,294 value. The benchmark 100-index witnessed highest trading level of 31627.51 points and lowest level ... Read More »

Closing: KSE recovers another 371pts, up1.23% to diffuse bearish spell

KSE 3

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 371.18 points or 1.23 percent to reach 30605.05 points and volume of 202,659,520 shares on Wednesday. The Karachi Stock Exchange benchmark KSE 100-index Wednesday up by 1.99 per cent and gained 602 points to reach 30836, recouping the early losses as the International Monetary Fund (IMF) has disbursed sixth tranche of $500 ... Read More »