Page 4 - பாக்கிஸ்தான் பெட்ரோலியம் வரையறுக்கப்பட்டவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KSE-100 index fails to break bearish spell; declines 257 points

KSE-100 index fails to break bearish spell; declines 257 points Foreign investors were net sellers of $6.48 million July 6, 2021 Stocks extended bearish sentiments from the previous week at KSE-100 on Monday as investors treaded cautiously amid escalating tensions in the neighbouring Afghanistan and resurging Covid -19 in te country. The index posted a 257 points loss by the closing bell to clock at 47,429 level. On Monday, the trading activity resumed on a negative note, as the Index traded in a range of 366.55 points or 0.77 percent of previous close, showing an intraday high of 47,742.23 and a low of 47,375.68. Market sentiments were dampened as rising regional instability threatens to be inimical for Pakistan’s security and economic fabric. Sudden withdrawal of US forces from Afghanistan in absence of strategic pull-out raises security concerns for bordering nations as well higher risk of refugee exodus.

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PSX wraps up FY21 with a 37% return

Daily Times July 1, 2021 Pakistan Stock Exchange (PSX) concluded fiscal year 2021 on wednesday, posting a 37 per cent return as compared to a paltry 1.5% in FY20. The index closed at 47,356 by gaining a mammoth 12,934 points during the fiscal year as against a minor gain of 520 points in FY20. However, on a monthly basis, the index posted a return of 0.5% in June’21. On Wednesday, however, the trading activity remained cautious in a range bound session as balancing of portfolio positions by institutional investors continued on the last day of the fiscal year 21. The trading kicked off on an upbeat note right after the opening bell, however, the earlier gains were pared briefly in the afternoon before strong investor sentiment triggered cherry-picking, which continued for the rest of the day, helping the market post moderate gains.

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KSE-100 index jumps 135 points despite Year-end sale by Insurance companies

KSE-100 index jumps 135 points despite Year-end sale by Insurance companies June 30, 2021 Pakistan Stock Exchange (PSX) witnessed a topsy-turvy trading session on Tuesday,as heavy selling pressure by Insurance Companies shadowed budget-approval optimism at the market. On Tuesday, the index began the session on a positive note right after the opening bell and crossed the 47,500-point mark briefly after gaining over 500 points. However, failing to sustain the momentum, the index reversed its trajectory and pared earlier gains to touch intra-day low of 46,986.47 level. The Index traded in a range of 522.35 points or 1.11 percent of previous close before settling at 47,137.77 level, posting at 135 points gain.

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Investegate |Oil and Gas Devt Co Announcements | Oil and Gas Devt Co: Material Information

Investegate |Oil and Gas Devt Co Announcements | Oil and Gas Devt Co: Material Information
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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MSCI proposes downgrading PSX to Frontier Markets Index

MSCI proposes downgrading PSX to Frontier Markets Index
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

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