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 index lost another 752 points by the closing bell to clock at 43,548.21 level.
Investors have remained muted over positive exports data, which posted an increased to a ten-year high at $2.345 billion during March and appreciation of Rupee, which has led the chart of the world’s best-performing currencies in the first three months of CY21 as it closed on a stronger note with an appreciation of 4.43% against the US Dollars.
KU announces schedule for submission of examination forms
Karachi
April 2, 2021
Karachi University Controller of Examinations Dr Syed Zafar Hussain on Thursday announced the schedule of submission of examination forms and fees of BCom Part-I, II, both parts and improvement of division (External) Annual Examination 2020, BA Part-I, II, both parts and improvement of division (External) Annual Examination 2020 and BSc (Pass) Part-I, II, both parts Annual Examination 2020.
The examination forms and fees of BSc (Pass) would be accepted at the respective colleges of the candidates. The examination forms of BCom and BA are available against the payment of Rs100 from the National Bank of Pakistan, United Bank Limited, Habib Bank Limited, Sindh Bank, and Bank Alfalah situated at the Silver Jubilee Gate of the varsity.
Karachi University Announces Submission Date for Exam Forms
Karachi University’s Controller of Examinations, Dr. Syed Zafar Hussain, has announced the schedule for the submission of exam forms and fees for B.Com Part-I, II, BA Part-I, II, and BSc (Pass) Part-I, II, annual examination 2020.
The exam forms can be acquired from the National Bank of Pakistan, United Bank Limited, Habib Bank Limited, Sindh Bank, and Bank Alfalah situated at the Silver Jubilee Gate of the university against a challan payment of Rs. 100. The forms can be submitted to the respective colleges of the candidates.
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Candidates of BSc (Pass) Part-I or II will deposit a fee of Rs. 6,725, and those appearing in both parts will submit Rs. 11,850.
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 lockdown restrictions continued selling pressure at the bourse.
On Wednesday, the index opened on a positive note as investors cheered the government’s announcement, that it successfully sold $2.5 billion worth of Eurobonds to foreign investors. Analysts claimed that Pakistan’s dollar-denominated Eurobonds have been oversubscribed almost two times after receiving raving response to attractive interest rates from foreign investors, and expect the country to raise additional $2 to $2.5 billi
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