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Stocks dip on Moody's dismal outlook

Stocks dip on Moody’s dismal outlook Business January 15, 2021 Stocks on Thursday slipped in an overbought market as bet-hedging investors chose not to take any chances after a Moody’s report raised concerns over economy, dealers said. Benchmark KSE-100 shares index lost 0.22 percent or 102.61 points to close at 45,989.35 points at Pakistan Stock Exchange (PSX). Volumes decreased to 620.746 million shares, from 845.282 million Wednesday. KSE-30 dipped 0.56 percent or 108.47 points to end ...
Salman Ahmad Muhammad Saeed Khalid Zaid Aftab Pakistan Stock Exchange Ahsan Mehanti At Arif Habib Colgate Palmolive

Market watch: Bearish trend continues at PSX

Market watch: Bearish trend continues at PSX Benchmark KSE-100 index drops 58.35 points to settle at 45,931 Shares of 412 companies were traded. At the end of the day, 169 stocks closed higher. PHOTO: FILE KARACHI: The stock market continued its downward march for a second day on Friday owing to weak cues coupled with global economic headwinds. Weakening oil prices in the international market fuelled the bearish momentum at the Pakistan Stock Exchange (PSX). Oil prices fell as concerns about C...
Federally Administered Tribal Areas Maaz Mulla International Monetary Fund National Refinery Hum Network Arif Habib

Market watch: KSE-100 loses ground, falls below 46,000

Market watch: KSE-100 loses ground, falls below 46,000 Benchmark index drops 103 points to settle at 45,989.35 Shares of 405 companies were traded. At the end of the day, 187 stocks closed higher. PHOTO: FILE KARACHI: A day after breaching the 46,000-point barrier, the bourse turned bearish on Thursday and the KSE-100 index shed 103 points as Moody’s report on Pakistan’s economy played on investors’ mind and they resorted to profit-booking. Moody’s Investors Service on Wednesday projec...
Federally Administered Tribal Areas Maaz Mulla Pakistan Petroleum Moody Investors Service On Hum Network Gas Development Company

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PSX gains 316 points to close at 45,922 points

PSX gains 316 points to close at 45,922 points   Published On 12 January,2021 06:32 pm A total 825,893,776 shares were traded as compared to the trade of 588,039,825 shares previous day ISLAMABAD (Dunya News) – The KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 316.62 points, with positive change of 0.69 percent, closing at 45,922.042 points against 45,605.42 points on the last working day. A total 825,893,776 shares were traded during the d...
Pakistan Stock Exchange Unity Foods Ltd Hum Network Dunya News K Electric Ltd Khyber Tobacco

Market watch: Stocks gain 310 points on positive macros

Market watch: Stocks gain 310 points on positive macros Benchmark KSE-100 index rises 0.68% to settle at 45,654.34 PHOTO: AFP KARACHI: Ignoring the ongoing political uncertainty, the stock market notched up handsome gains on Friday as investors focused on positive economic indicators. According to the Pakistan Bureau of Statistics (PBS), exports in December 2020 showed a significant improvement and surged to $2.35 billion, an increase of 18.3%. Furthermore, the foreign exchange reserves held b...
Mari Petroleum Pakistan Bureau Of Statistics Hum Network Pakistan State Oil Gas Development Company Arif Habib

Index ends flat as investors' book profits on energy gains

Business January 6, 2021 The stock market on Tuesday ended flat following a choppy session, as institutions sold their holdings to book profits and seasoned investors anxiously waited for cabinet approval on construction sector and government nod on energy bonds, dealers said. Topline Securities in a note said the benchmark KSE-100 shares index witnessed a choppy session as it touched an intra-day high of 44,830 (up 0.32 percent) and an intra-day low of 44,458 (down 0.51 percent) to eventually...
Muhammad Jawad Vohra Ali Habib Salman Ahmad Ahsan Mehanti Colgate Palmolive Arif Habib Corporation

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