Page 2 - Saeed Khalid News Today

The index moved up on Tuesday with revival of investor confidence in power and pharmaceutical sectors amid healthier volumetric gains in cement and oil sectors too, dealers said.Pakistan Stock...

The capital market went over 46,000 points level during the outgoing week on the back of a stable interest rate decision as well as corporate results. The index would likely remain positive in the...

Business January 29, 2021 Stock gave up gains on Thursday as wobbly oil and equities around the world spurred profit-selling in overbought heavyweights, interrupting the result season rally for now, dealers said. KSE-100 shares index, the benchmark of Pakistan Stock Exchange (PSX), shed 0.63 percent or 292.08 points to end at 46,166.05 points. Volumes ballooned to 844.002 million shares, from 610.940 million on Wednesday. KSE-30 shares index suffered a loss of 0.57 percent or 111.16 points to ...

Stocks cruise in result rally amid economic hopes Business January 28, 2021 Stocks headed further north on Wednesday in result season rally with oil sector, especially refineries, blazing the trail amid sentimental support from IMF’s economic growth projections, dealers said. Pakistan Stock Exchanges (PSX) benchmark KSE-100 shares index gained 0.37 percent or 170.75 points to close at 46,458.13 points. Volumes increased to 610.940 million shares, from 603.240 million shares on Tuesday. KSE-...

Stocks on Thursday trailed a record global rally triggered by Joe Biden’s inauguration as the US president, with textiles mostly stealing the local limelight on zero-rating hopes, dealers...

Stocks off lows as energy, power look sharp Business January 20, 2021 Stocks on Tuesday bounced back from back-to-back lows, lifted mainly by energy with power playing a supporting role, amid hopes of high-rewarding earnings results for the quarter ended December 31, 2020, the dealers said. Pakistan Stock Exchanges (PSX) benchmark KSE-100 shares index gained 0.39 percent or 176.55 points to close at 45,903.23 points. Volumes decreased to 491.787 million shares, from 543.645 million shares on ...

Stocks are primed to pick up next week trusting the current account to post surplus for the first half, the government to announce textile policy, and companies to declare liberal earnings, dealers...

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 ...

Business January 14, 2021 Stocks on Wednesday extended gains to make it to a near 33-month high in copious trade, mainly betting on rich corporate results and hopes of big industry revival following upbeat manufacturing data, dealers said. Benchmark KSE-100 shares index ended 0.37 percent or 169.92 points higher to close at 46,091.96 points at Pakistan Stock Exchange (PSX). Volumes increased to 845.282 million shares from 825.893 million on Tuesday. KSE-30 shares index was up 0.39 percent or 7...

Stocks are looking to carry gains into next week as the upcoming corporate results, especially those from banking sector, are likely to boost sentiment, amid hopes that virus vaccinations will soon...