Page 10 - Maple Leaf Cement News Today

Cement, steels keep PSX green on hopes of amnesty extension Business December 25, 2020 The capital market on Thursday, last session before long weekend, closed positive pushed forward by a surge in steel and cement shares on reports that the government was mulling proposal to extend amnesty scheme for the construction sector, dealers said. Pakistan Stock Exchange (PSX) benchmark KSE-100 shares index gained 0.76 percent or 329.07 points to close at 43,416.77 points level, while volumes decreas...

Market watch: Bulls maintain hold, lift KSE-100 by 329 points Benchmark index rises 0.76% to settle at 43,416.77 Shares of 402 companies were traded. At the end of the day, 232 stocks closed higher. PHOTO: REUTERS KARACHI: Investors’ sentiment remained bullish at the Pakistan Stock Exchange on Thursday as the benchmark KSE-100 index gained 329 points ahead of a long weekend. During the session, the country achieved the milestone of $200 million worth of inflows into Roshan Digital Accounts a...

Firms raise Rs35b via share offers Four new companies went public while 14 issued right shares Their families continue to live under deplorable conditions. PHOTO: MARIAM ESSA/EXPRESS Pakistani companies have raised interest-free investment worth Rs35.4 billion through the offer of shareholding to corporates, rich and retail investors at the Pakistan Stock Exchange (PSX) during the outgoing year 2020, according to a brokerage-led research house on Wednesday. The stock market welcomed four new f...

Pakistani Companies Raised Rs. 35.4 Billion Through IPOs and Right Issues in 2020 Pakistani companies raised Rs. 35.4 billion via initial public offerings (IPOs) and Rights from the stock market (PSX) in 2020. This is approximately the same as compared to Rs. 35.7 billion raised in 2019, said a report released by the brokerage house Topline Securities on Wednesday. According to the report, four IPOs and fourteen Right Issues took place at the Pakistan Stock Exchange (PSX) in 2020. The bourse wi...

Market watch: Stocks bounce back to recoup losses Benchmark KSE-100 index rises 180.76 points to settle at 43,087.70 PHOTO: AFP KARACHI: The benchmark KSE-100 index staged a smart recovery at the stock market on Wednesday after plunging nearly 1,200 points since last Friday and it ended the session in the green, aided by cherry-picking from investors. During the trading session, global crude oil prices steadied with Brent crude futures edging up $0.02 to $50.10 a barrel and US West Texas Inter...

Market watch: KSE-100 rises 109 points in range bound session Benchmark index gains 0.25% to settle at 43,360.19 Shares of 403 companies were traded. At the end of the day, 171 stocks closed higher. PHOTO: REUTERS KARACHI: Pakistan’s stock market saw muted activity on Wednesday as the KSE-100 index traded in a narrow range throughout the day and closed up by 109 points. Though the selling pressure that emerged in final hours of trading a day ago seemed to be easing, still a handful of sector...