Sunday , September 15 2019
Breaking News
Home / Author Archives: Shahid Imran (page 8)

Author Archives: Shahid Imran

Closing: KSE continues with bearish spell, down 0.08% as Rangers raid MQM headquarters

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 26.98points or 0.08 percent to reach 32539.61 points and volume of 111,607,520 shares on Wednesday as Sindh Rangers raided Muttahida Qaumi Movement (MQM) in Karachi, with the party claiming that several leaders had been arrested, worsening security situation. The Karachi Stock Exchange witnessed bearish activities with shares price falling continuously in early ... Read More »

Closing: KSE drops 294pts more, down 0.89% on profit-taking

KSE20

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 293.98 points or 0.89percent to reach 32566.59 points and volume of 88,047,400 shares on Tuesday. Extending the initial losses on Tuesday, the benchmark KSE-100 index further decreased to 32552.88 points by losing 307.69 points or 0.94 percent an hour before the session’s closing. The High and Low were 32899.31 and 32547.29 respectively ... Read More »

Closing: KSE suffers 403pts loss, down 1.21% as PPP, N-League vie for Senate chairman

stock bear 2

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 403.09 points or 1.21 percent to reach 32860.57 points and volume of 71,194,550 shares on first day of trading, Monday. Bearish trend entered second consecutive week as the Karachi Stock Exchange benchmark KSE 100-index Monday down by 0.56 per cent, losing 185 points to 33078.68 points. The market, having total volume of ... Read More »

Closing: KSE sheds 105pts, down 0.32% to end week in red zone

KSE

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 105.18 points or 0.32 percent to reach 33263.66 points and volume of 87,833,650shares on last day of trading, Friday. The benchmark KSE-100 index continued its upward rally and gained 53 points to reach 33422 points with total volume of 44,639,420 shares till midday on Friday, the last trading day. Earlier, KSE-100 index ... Read More »

Volatility at KSE persists, 100 index rises to 33250.35 points with 7.40 points or 0.02pc gain

KARACHI: Paring the last session modest recovery from recent low, the benchmark KSE-100 Index surged to 33250.35 points with a minor gain of 7.40 points or 0.02 percent in the early trading of Thursday. The hike may be due to lower international oil prices, record growth in cement sales, falling CPI Inflation and PIB yields indicating imminent SBP Policy rate ... Read More »

Oil price to rise from $64 to $65/barrel: Iraq oil minister

Iraq's Oil Minister Mehdi speaks with Kirkuk Governor Karim on the outskirts of Kirkuk

BAGHDAD: Iraq’s Oil Minister Adel Abdel Mehdi has said that world oil prices were gradually rebounding and he expected to see a barrel of crude selling at around $65. “I don’t think they will return to their previous levels. I can see that oil will be sold at $64 to $65 a barrel,” he told a news conference in Baghdad. ... Read More »

Spanish property developer Martinsa Fadesa says to file for liquidation bankruptcy

spain

MADRID: Spanish property developer Martinsa Fadesa has said that it would file for liquidation bankruptcy in one of the country’s biggest insolvencies, which comes as the sector shows signs of recovery from a 2008 real estate collapse. The company, a symbol of the excesses that led to the country’s property sector collapse, said in a regulatory filing that its board ... Read More »

Closing: KSE recovers 54pts, up 0.16% on bullish note

KSE

KARACHI: The Karachi Stock Exchange benchmark 100-index gained 54.17 points or 0.16 percent to reach 33242.94 points and volume of 128,706,120shares on Wednesday. Snapping the prolonged losing streak, the benchmark KSE-100 Index in early trade till 11:27am on Wednesday unexpectedly gained 226.75 points or 0.68 percent to reach 33415.52. Meanwhile, the High and Low were 33464.70 and 33188.77 while the ... Read More »

Australia, Switzerland agree to begin automatic exchange of tax information

taxes-l-pti

CANBERRA: Australia and Switzerland have agreed to begin automatic exchange of tax information on each other’s citizens, as the Alpine country seeks to distance itself from its reputation as a haven for undeclared offshore assets. The two countries will supply each other with tax information based on international standards, the Swiss State Secretariat for International Financial Matters, known as SIF, ... Read More »

Closing: KSE extends losses, down 0.07% on institutional profit-taking

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 24.81 points or 0.07 percent to reach 33188.77 points and volume of 143,951,980 shares on Tuesday. Amidst fear of deflation due to Pakistan’s headline annual inflation which was recorded at 3.2 percent in February 2015, the benchmark KSE-100 index snapped the initial gains in mid day trading on Tuesday as the index ... Read More »

India increases grant aid to Nepal by 40% for 2015-16

nepal

KATHMANDU: India has increased grant aid to Nepal by 40 percent to IRs 4.2 billion (Rs 6.72 billion) in the annual budget for 2015-16 presented on Saturday. For this fiscal year, India had allocated IRs 3 billion for Nepal. The southern neighbour has also providing loan assistance to Nepal, and the biggest being the recently-announced $1 billion line of credit. ... Read More »

Closing: KSE suffers enormous losses of 419pts, down 1.24% on vigilant trading

Kse

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 418.61 points or 1.24 percent to reach 33213.58 points and volume of 104,294,990  shares on first day of trading, Monday. Though a positive impact of the February inflation data was expected by experts, the benchmark KSE-100 Index fell down to 33581.29 points after losing 50.90 or 0.15 percent in the early trading ... Read More »

Weekly review: Bears rule KSE, sheds 360 points in weeklong trading

stock bear 2

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost360.81 points in the weeklong trading, as it opened at 33993 points on Monday and closed at 33632.19 points on Friday. The Karachi Stock Exchange benchmark 100-index lost 66.30 points or 0.20 percent to reach 33926.70 points and volume of 93,591,580 shares on first day of trading on Monday. The exchange lost 30 ... Read More »

KSE sheds 130pts, down 0.39% to end week in black

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 130.61points or 0.39percent to reach 33632.19 points and volume of 137,794,800shares on last day of trading, Friday. Similarly the market remained volatile to close at 33,763 levels down by 82.50 points or 0.24pc on Thursday. In banking sector, NBP remained in the limelight as the bank announced its year- end result, EPS ... Read More »

Closing: KSE sheds 130pts, down 0.39% to end week in black

  KARACHI: The Karachi Stock Exchange benchmark 100-index lost 130.61points or 0.39percent to reach 33632.19 points and volume of 137,794,800shares on last day of trading, Friday. Similarly the market remained volatile to close at 33,763 levels down by 82.50 points or 0.24pc on Thursday. In banking sector, NBP remained in the limelight as the bank announced its year- end result, ... Read More »

KSE witnesses volatility as 100 Index reverses early losses, gains 14.94 points to reach 33910.40

– Reversing the early trading loss of 9.32 points or 0.03 percent, the KSE-100 Index gained 14.94 points or 0.04 percent till mid day on Wednesday and reached 33910.40. Earlier, continuing the bearish momentum due to profit taking, the KSE-100 Index had reached 33886.14 with a loss of 9.32 points or 0.03 percent in the early trading on Wednesday. The ... Read More »

KSE extends losses with 31.24pts, down 0.09% to close in negative zone

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 31.24 points or 0.09 percent to reach 33895.46 points and volume of 96,957,610 shares on Tuesday. The benchmark KSE-100 Index till mid day trade on Tuesday soared to 33949.37 points by 22.67 points or 0.07 percent as compared to the bearish activities witnessed in the market on Monday when the index had ... Read More »

Closing: KSE extends losses with 31.24pts, down 0.09% to close in negative zone

KSE

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 31.24 points or 0.09 percent to reach 33895.46 points and volume of 96,957,610 shares on Tuesday. The benchmark KSE-100 Index till mid day trade on Tuesday soared to 33949.37 points by 22.67 points or 0.07 percent as compared to the bearish activities witnessed in the market on Monday when the index had ... Read More »

KSE starts week in black with 66pts loss, down 0.20% amid volatile session

KSE

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 66.30 points or 0.20 percent to reach 33926.70 points and volume of 93,591,580 shares on first day of trading, Monday. The Karachi Stock Exchange benchmark 100-index Monday lost 30 points and dropped from 34000 points mark to 33962.92 points with total volume of 58,809,160 shares till midday. The benchmark KSE 100-Index earlier ... Read More »

Closing: KSE starts week in black with 66pts loss, down 0.20% amid volatile session

KSE

KARACHI: The Karachi Stock Exchange benchmark 100-index lost 66.30 points or 0.20 percent to reach 33926.70 points and volume of 93,591,580 shares on first day of trading, Monday. The Karachi Stock Exchange benchmark 100-index Monday lost 30 points and dropped from 34000 points mark to 33962.92 points with total volume of 58,809,160 shares till midday. The benchmark KSE 100-Index earlier ... Read More »