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April 21, 2021
KSE-100: Stocks stage recovery amid signs of political stability April 21, 2021 Bears ceded ground to bulls at the Pakistan Stock Exchange (PSX) on Tuesday, as investors reacted to successful negotiation between the government and the protesting Tehreek e Labaik Pakistan, which sent signs of stability. On the second trading session of the week, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,558.13 level after gaining 644.56 points. However, paring some early ga...
April 19, 2021
KSE-100: Protests, strikes dents market sentiment; index loses 392 points April 20, 2021 Bears returned to the Pakistan Stock Exchange (PSX) on Monday, over rising uncertainty owing to violent protests in Lahore and subsequent calls of countrywide strike. On the first trading session of the week, the benchmark KSE-100 opened on a negative note and touched intra-day low at 44,611.83 level after losing 693.8 points. However, paring early losses, the index clocked at 44,913.57 by the closing bell ...
April 17, 2021
Kse-100: Stocks post meager gains on lack of triggers April 17, 2021 Bulls or Bears, stocks accommodated none at Pakistan Stock Exchange (PSX) on Friday, as lack of triggers kept investors sentiments in check, in a choppy trade. On Friday, the benchmark kse-100 opened on a positive note and touched intra-day high at 45,471.35 level after gaining 241.17 points. However, selling pressure emerged by midday, which wiped off most of the gains. But, nevertheless, the index crawled up in the positive ...
April 14, 2021
KSE-100: Stocks stay flat amid absence of triggers April 14, 2021 Stocks failed to figure out a direction on Tuesday, as absence of triggers and Covid-19 fears continue to weigh on market sentiments. On Tuesday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,133.41 level after gaining 155.36 points. However, paring earlier gains, the index reversed its trajectory and touched intra-day low at 44,780.06 level after losing 197.99 level. By the closing bell the ben...
April 13, 2021
KSE-100: Bears hold sway as Covid-19 fears weigh on sentiments, index lost 208 points April 13, 2021 Bulls and bears wrestled at Pakistan Stock Exchange (PSX) on Monday, as speculation over Covid-19 weighed on market sentiments. On Monday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,267.43 level after gaining 80.95 points. However, paring earlier gains, the index reversed to touch intra-day low at 44,757.31 level after losing 428.14 level. By the closing bel...
April 10, 2021
Kse-100: Bulls lift index to cross 45,000 mark April 10, 2021 Bulls continued to dominate Pakistan Stock Exchange (PSX) for the second day, as stocks extended their gains to lift benchmark kse-100 index by 445.12 points by the closing bell to cross 45,000 mark. Senior Vice President, BMA Capital Management Limited, Irfan Saeed said that Friday’s gains were primarily linked to a technical bounce back as the index was projected to cross 45,200 level, but warned that technical correction can be ...
April 7, 2021
Daily Times April 7, 2021 Following an abysmal performance in the previous session, bulls staged a comeback at Pakistan Stock Exchange (PSX) on Tuesday, as benchmark KSE-100 index gained 856 points by the closing bell to clock at 44,404.70 level. Tuesday’s strong performance followed series of trading sessions where Investors struggled to gain a firm foothold, ever since the benchmark KSE-100 index slipped from the recent high of 47,000 points, owing to rising Covid-19 infection cases that re...
April 6, 2021
KSE-100 Index plummets 752 points as Covid fears weigh on sentiments April 6, 2021 Bears continued to wreak havoc at Pakistan Stock Exchange (PSX), as investors have struggled to gain a firm foothold ever since the benchmark KSE-100 index slipped from the recent high of 47,000 points, as market is being held hostage to the flare-up in Covid-19 infection cases that has forced fresh rounds of lockdown across the country. Owing to weak economic indicators and Covid-19 fears, on Monday the kse-100 ...
April 1, 2021
KSE-100: Stocks inch up as investors struggle for direction April 1, 2021 Investors continue to struggle for a direction at Pakistan Stock Exchange (PSX), as benchmark KSE-100 hardly changed after moving both ways with trade drying up on Covid-19 worries. On Wednesday, the benchmark KSE-100 gained 96.82 points by the closing bell to clock at 44,587.85 level. Following Monday’s blood bath market participants have been treading cautiously as pessimism over the economic situation and renewed loc...
March 11, 2021
news KSE-100 index breaches 44,000 level, YTD return turns negative for 1st time in 2021 Equities Correspondent Stocks continued to be battered at Pakistan Stock exchange (PSX) as mounting political uncertainty in the country led bears to rule the roost at the bourse. On Wednesday, the benchmark index tumbled for the fifth consecutive session, breaching 44,000 level, as it closed at 43,691.68 level after losing another 531.23points by the closing bell. On Monday, owing to const...