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Stocks close 2020 on a flat note Business January 1, 2021 Stocks on Thursday ended flat as investors did not hesitate in extracting whatever juice was available in terms of capital gains by selling their holdings on the last trading session of the year 2020, dealers said. Benchmark KSE-100 shares index gained 0.14 percent or 60.62 points to close at 43,755.38 points at Pakistan Stock Exchange (PSX). Volumes increased to 578.250 million shares from 455.994 million on Wednesday. KSE-30 shares index followed suit with a high of 0.22 percent or 40.27 points to end at 18,180.00 points. Topline S...

Stocks seen upbeat on macroeconomic indicators Business December 13, 2020 Stocks moved in a narrow bank during the outgoing week as investors remained aloof looking at rising political noise amid resignations in opposition ranks and rapidly rising Covid-19 cases in the country, dealers said. However, it would expectedly change course in the upcoming week owing to suppressed food inflation and improving economic indicators. Pakistan Stock Exchange's KSE-100 index was up by merely one percent or 263 points during the outgoing week to conclude at 42,470 points week-on-week (WoW). The KSE-100 i...

Stocks remain stuck in range; border tensions bite Business December 11, 2020 Stocks on Thursday continued to hover within the ‘minimum risk zone’ with selective buying seen in oil, gas, and food as COVID-wary investors found themselves worrying over national security after tensions erupted on Pakistan-India border, dealers said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index gained 0.24 percent or 101.81 points to close at 42,305.84 points. Volumes increased to 472.363 million shares, as compared to 438.146 million on Wednesday. KSE-30 lost 0.11 percent or 19.43 point...