Page 9 - Maple Leaf Cement News Today

Stocks soar higher on stability bets Business March 16, 2021 Stocks on Monday matched the Friday’s stride as the rally set off by government’s Senate recovery endures, dealers said. KSE-100 shares index gained 2.23 percent or 978.51 points to close at 44,766.59 points. On a day-on-day basis total traded volume rose 2.9 percent to 455.35 million shares, while value grew 1.6 percent to Rs21.95. Topline Securities in a note said clarity over senate chairmanship buoyed sentiment, while ...

Market watch: Stocks bounce back, partially recoup losses Benchmark KSE-100 index rises 558.81 points to settle at 45,837.35 PHOTO: ONLINE KARACHI: The stock market bounced back on Friday and recouped more than half of the huge loss of nearly 900 points that the benchmark index suffered in the previous trading session. During the day, the Sensitive Price Indicator (SPI) for the week ended March 4, 2021 was released, which recorded an increase of 15% year-on-year, generating investor interest i...

The unsettling matter on the investors’ mind was the upcoming FATF review scheduled to begin from Monday.

Earnings to drive stocks in bumpy trade Business February 21, 2021 Stocks are expected to rise from the ashes of last week’s burnout as investors are seen placing faith in corporations to declare openhanded earnings in the coming days, dealers said. The benchmark KSE-100 shares index gained 0.91 percent or 419.29 points for the week ended February 19, 2019 to close at 46,227.65 points. KSE-30 shares index gained 0.66 percent or 126.14 points to end the week at 19,230.64 points. “The index...

Business

Business February 12, 2021 KARACHI: Stocks were dragged down by profit-taking in energy and financials on Thursday; however building on Wednesday’s momentum, trading volume hit another historic high of 1.124 billion shares, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 shares index shed 1.26 percent or 588.77 points to close at 46,055.52 points. Volumes increased to 1.124 billion shares from 1.01 billion a day earlier. KSE-30 shares index lost 1.3 percent or 252.3 points to close a...

Business

Trading volume at the Pakistan Stock Exchange (PSX) on Wednesday touched a 16-year high as it rose past one billion shares.

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...

Market watch: PSX closes 2020 on positive note Benchmark KSE-100 index rises 60.62 points to settle at 43,755.38 Overall, trading volumes rose to 578.3 million shares compared with Wednesday’s tally of 456 million. PHOTO: REUTERS KARACHI: The final trading session of 2020 was marred by volatile activity as the benchmark KSE-100 index kept climbing and dipping throughout the day. However, optimistic investors aided the index to close the year with a slim gain of 61 points. The uptrend was sup...