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Stocks start last trading day of week on bullish note

KSE stocks

KARACHI: The Pakistan Stock Exchange (PSX) Friday opened keeping previous day’s bullish note and added 106 points to reach 43635 level in early trading. On Thursday the stocks turned bullish again, with the benchmark KSE 100-index gaining 609 points to close at 43,528 points. The benchmark index opened on negative activity before adopting a positive momentum for the rest of ... Read More »

PSX bounces back with 609pts gain

kse1

KARACHI: The Pakistan Stock Exchange Thursday witnessed a bullish session, with the benchmark KSE-100 Index gaining 609 points to close at 43,528. The benchmark showed some negative activity during the first few minutes of trading before adopting a positive momentum for the rest of the session. It hit a day’s low of 42,384 points a few minutes after trading commenced, ... Read More »

Pak rupee closes flat in interbank, loses value in open market

Pak rupee

KARACHI: The Pakistani rupee Thursday closed flat in the interbank and lost strength in open market against the US dollar. As per the local money market, the dollar closed dull in the open currency market by 15 paisas on insignificant demand. The greenback closed at Rs 111.60 for buying and Rs 111.90 for selling in the open market. The dollar ... Read More »

PSX recoups some losses till midday

KSE

KARACHI: The Pakistan Stock Exchange Thursday recouped some losses and added 33 points to reach 42952 level till midday. The stocks opened keeping the previous day’s bearish note and shed another 130 points to reach 42790 level in early trading. Yesterday, the benchmark 100-share index closed at 42,920 points, showing a decline of 375 points. Top 10 index point decliners ... Read More »

Stocks open keeping previous day’s bearish note

KSE 1

KARACHI: The Pakistan Stock Exchange Thursday opened keeping the previous day’s bearish note and shed another 130 points to reach 42790 level in early trading. Yesterday, the benchmark 100-share index closed at 42,920 points, showing a decline of 375 points. Top 10 index point decliners included UBL (down 4%), HBL (1.8%), ENGRO (2.7%), OGDC (1.9%), MCB (1.8%), LUCK (1.5%), PSO ... Read More »

PSX sheds another 375pts as losing spree continues

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KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday closed negative as the benchmark KSE-100 Index shed 375 points to drop to 42,920. The benchmark index showed some positive activity in the first few minutes of the trading session and touched a day’s high of 43,623 points. The benchmark, however, could not sustain the positive momentum and adopted a bearish trend ... Read More »

Pak rupee gains some value in open market

Pak rupee1

KARACHI: The Pakistani rupee Wednesday gained some value against the US dollar in open market and remained unchanged in interbank. As per the local money market, the dollar lost five paisas in open market for buying at 111.45 and for selling at 111.75. It remained firm in interbank for buying at 110.30 and for selling at 110.50. On Tuesday, the ... Read More »

PSX goes bearish after 209pts loss

kse2

KARACHI: The Pakistan Stock Exchange (PSX) Wednesday became bearish till midday after losing 209 points to drop to 43086 level. The stocks earlier opened on positive noted and recouped 231.81 points in early trading to reach 43526.76 level. Yesterday, the stocks closed lower on second consecutive day as the KSE 100-index succumbed to pressure due to political qualm. Bourse slipped ... Read More »

Stocks recoup 232pts 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 recouped 231.81 points in early trading to reach 43526.76 level. Yesterday, the stocks closed lower on second consecutive day as the KSE 100-index succumbed to pressure due to political qualm. Bourse slipped down to finally close at 43,295 points, down 278 points. Top heavyweights of the bourse HBL (down 2.15%), OGDC (0.19%), UBL ... Read More »

PSX loses early gains to close bearish

kse4

KARACHI: Opened on positive note, the Pakistan Stock Exchange Monday closed bearish after shedding 54.43 points to reach 43572.67 level. The stocks recorded the highest trading level of 43945.62 points and lowest level of 43512.09 points, with the volume of over 128 million shares and value of Rs5.12 billion. As many as 359 companies were active; of which 140 advanced, ... Read More »

Pak rupee continues to gain value

Pak rupee

KARACHI: The Pakistani rupee Monday made another recovery against the US currency in open market and remained firm in interbank. As per the local money market, the greenback shed five paisas in open market for buying at 111.55 and for selling at 111.85. The dollar remained unchanged for buying at 110.30 and for selling 110.50 in interbank. On Friday, the ... Read More »

PSX continues upward rally, adds 218pts till midday

kse 10

KARACHI: The Pakistan Stock Exchange kept its upward rally till midday and gained 218 points to take the tally to 43845 level on Monday. The stocks started new week on positive note after adding 212 points to reach 43839 level in early trading. Last week, a roller coaster ride was witnessed as the benchmark KSE-100 index ultimately closed 0.4 percent ... Read More »

Stocks start week on positive note

KSE 2

KARACHI: The Pakistan Stock Exchange started new week on positive note after adding 212 points to reach 43839 level in early trading on Monday. Last week, a roller coaster ride was witnessed as the benchmark KSE-100 index ultimately closed 0.4 percent WoW lower at 43,627. Sectors such as Cements (down 3.9 percent WoW on weak profitability forecasts for the quarter ... Read More »

PSX closes week on positive note, recoups 685pts

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 Friday bounced back with 684.75 points gain and reached 43627.10 points level at closing. The stocks recorded the highest trading level of 43691.28 points and lowest level of 42916.87 points, with the volume of over 148 million shares and value of Rs5.8 billion. As many as 364 companies were active; of which 243 advanced, 96 ... Read More »

Pak rupee makes 15-paisa recovery in open market

pak rupee

KARACHI: The Pakistani rupee Friday made recovery against the US currency in open market and remained firm in interbank. As per the local money market, the dollar lost 15 paisas in open market for buying at 111.60 and for selling at 111.90, while remained firm in interbank for buying at 110.30 and for selling 110.50. On Thursday, the greenback gained ... Read More »

PSX gains 233pts till midday

KSE

KARACHI: The Pakistan Stock Exchange remains bullish till midday after adding 233 points to take the tally to 43175 points level on Friday. The stocks started last trading day on positive note and gained 159 points in early trading to reach 43101 level. Yesterday, the stocks closed negative for the second consecutive session, with the KSE 100-sahre index shedding 411 ... Read More »

Stocks start last trading day on positive note, add 159pts

PSX, KSE

KARACHI: The Pakistan Stock Exchange started last trading day on positive note and gained 159 points in early trading to reach 43101 level on Friday. Yesterday, the stocks closed negative for the second consecutive session, with the KSE 100-sahre index shedding 411 points to close 42,942 points. However, volumes settled at 220 million shares, up 6 percent from Wednesday’s closing. ... Read More »

PSX sheds another 411pts as bearish spell continues

kse2

KARACHI: The bearish spell continued to prevail at the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 Index plunging 411 points to close at 42,942. The index showed mixed activity during the first few hours of the session, but saw a negative trend for the rest of the session. It reached a day’s high of 43,451 points during ... Read More »

Pak rupee sheds more value in open market

pak rupee 7

KARACHI: The Pakistani rupee Thursday further shed value against the US currency in open market and remained firm in interbank. As per the local money market, the greenback gained five paisas in open market for buying at 111.75 and for selling at 112.05. The dollar remained unchanged for buying at 110.30 and for selling 110.50 in interbank. On Wednesday, the ... Read More »

PSX goes bearish till midday

KSE 2

KARACHI: The Pakistan Stock Exchange became bearish till midday after losing 63 points to drop to 43290 level on Thursday. The stocks started day on positive note and added 42 points to reach 43395 level in early trading. On Wednesday, investors turned to profit-taking with benchmark index shedding 162 points, down 0.4 percent to 43,353 points level as market paid ... Read More »