Page 13 - Netsol Technologies News Today

Business May 1, 2021 Stocks suffered another blow on Friday as investors fiercely hedged their bets given the virus crisis, cold-shouldering some good results at the end of the rollover week, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index shed 1.34 percent or 600.76 points to close at 44,262.35 points. Volumes were almost flat at 293.74 million shares from 280.67 million shares in the last trading session. Topline Securities in a note said the market opened on a positive ...

Share: Netsol Technologies (NASDAQ: NTWK) are two penny stocks that are trading sharply higher into Tuesday. RiceBran is possibly moving amid a 2021 financial results conference call that’s scheduled for Wednesday. Netsol is likely moving after the company signed a five-year, multi-million-dollar renewal with a Japanese automotive customer. Below is a technical look at the charts. RiceBran Daily Chart Analysis RiceBran stock looks to have broken out of what technical traders may call a bullis...

Stocks gain as economy shows green shoots Business Stocks on Wednesday pressed ahead counting on upbeat economic numbers amid robust corporate earnings hopes, dealers said. Pakistan stock exchange (PSX) KSE-100 shares index gained 0.58 percent or 262.65 points to close at 45,311.22 points. Volumes reduced to 341.88 million shares from 473.433 million in the last trading session. Topline Securities in a note said encouraging large-scale manufacturing and auto sales numbers and decline in Pakist...

Stocks flat on virus fears, political unrest Business April 14, 2021 KARACHI: Stocks on Tuesday flatlined in a range-bound trade as investors played safe given the rising Covid infections and a brewing political unrest, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 0.16 percent or 70.52 points to close at 45,048.57 points. KSE-30 shares index shed 0.03 percent or 6.45 points to close at 18,...

Stocks dip after govt vetoes trade with India Business April 2, 2021 Stocks on Thursday cheered the government’s dovish lockdown policy and booed its hard line against opening trade with India to close on a red note, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index market lost 0.36 percent or 159.87 points to settle at 44,428 points. Total traded volume shrank 30 percent to 312 million shares and value slumped 33 percent to Rs17.3 billion over Wednesday. Topline Se...

KARACHI: Last Friday’s repeat performance on Monday saw the KSE-100 index again shoot through the roof with...

The small unsuspecting investor who ventured into the market to make a fortune lost all their savings and departed beaten and bruised. — AFP/File Keeping aside last Friday’s relief rally, the first four days of the trading week witnessed a selling spree that eroded a staggering 3,058 points or 6.7 per cent from the index, showing the highest four-day loss since March 18, 2020 when the lockdowns were first clamped to stem the spread of Covid-19. Analysts and major market participants who wer...

As the results’ season draws to a close, analysts work feverishly on their calculators to determine the corporate profitability for the quarter ended on Dec 31, 2020. The results are pleasantly surprising. The aggregate profit earned by listed companies in the quarter amounted to Rs213.9 billion, registering impressive growth of 38 per cent year-on-year. Sector-wise reviews show the segment with the heaviest weight in the KSE-100 index, commercial banks, contributed the highest sum of Rs48bn...

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...

After a day of stopover, the stock market resumed its northward journey with the KSE-100 index ramping up 219.49 points, or 0.48 per cent, on the final day of the trading week. — AFP/File KARACHI: After a day of stopover, the stock market resumed its northward journey with the KSE-100 index ramping up 219.49 points, or 0.48 per cent, on the final day of the trading week, closing at 46,386 points. The index started out in green and shot up to intraday high by 491 points. Investors accumulated ...