Page 22 - Call Telecom News Today

KARACHI: Bullish fire continued to leap over the stock market as shares across the board recorded strong gains on Thursday. As the investors fell upon one another in picking up stocks that had declined to attractive valuation, the KSE-100 index climbed by 445 points, or 0.94 per cent, to close at 47,801. Intraday the index collected 487 points. Institutional investors who had sold to book profit at the close of FY21, re-entered to make fresh portfolio which was the major reason for shares to ri...

Stocks tumble as institutions hedge bets June 29, 2021 Stocks took a major battering on Monday after institutions launched a position-squaring spree amid lukewarm sentiment owing to MSCI worries and FATF letdown, dealers said. Pakistan Stock Exchanges (PSX) benchmark KSE-100 Shares Index lost 601.01 points or 1.26 percent to close at 47,002.35 points, hitting a day high of 47,659.19 points and a low of 46,900.26 points. Haris S Khan, an analyst at brokerage Topline Securities, said equities o...

Stocks fell on Friday as investors took no chances hours ahead of anti-money laundering and terror financing watchdog’s verdict on Pakistan’s grey list status, dealers said.The Pakistan...

Stocks were barely buoyed on Thursday as profit-booking weighed on trade with no stimuli in sight a day ahead of the grey list decision, dealers said.The Pakistan Stock Exchanges benchmark KSE...

Business

KARACHI: The stock market remained quiet for most of the day as investors avoided the pre-budget rally that is the...

Benchmark KSE-100 index rises 473.87 points to settle at 48,251.49

Market watch: KSE-100 falls below 48,000-point mark Benchmark index sheds 370.36 points to settle at 47,777.62 KARACHI: Uncertainty gripped the stock market on Wednesday as the benchmark KSE-100 index dived over 400 points in intra-day trading ahead of the release of Economic Survey 2020-21 and announcement of federal budget. The government will release the survey report on June 10 and unveil the budget for fiscal year 2021-22 on June 11. It will be the third budget of the Pakistan Tehreek-e-In...

Market watch: KSE-100 rises 118 points on budget optimism Benchmark index advances 0.25% to close at 48,211.70 KARACHI: The stock market reversed its trend on Friday and staged a modest rally, helping the KSE-100 index close with a gain of 118 points. Automobile sector stocks attracted substantial investor internet on the back of anticipation of reduction in taxes on cars in the budget for fiscal year 2021-22. A news report suggested that the government was considering slashing taxes on new imp...

Benchmark index declines 0.07% to close at 48,093.53