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Indus Motor Crowned at MAP Corporate Excellence Award 2021

Indus Motor Crowned at MAP Corporate Excellence Award 2021
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

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KSE-100 index closes flat despite late recovery


KSE-100 index closes flat despite late recovery
Volume at KSE-100 slightly rose from 128 million shares recorded in the previous session to 156 million shares
July 30, 2021
Stocks staged a sharp recovery at Pakistan Stock Exchange (PSX), paring almost all of the intraday losses by the closing bell on Thursday as investors reacted to series of positive news flow during the day. However, the index still closed in red, posting a loss of five points and clocked at 47,312 level.
On Thursday the index opened on a negative note where it lost 363 points on the concerns that the government is mulling over strict measures including imposing a lockdown as Covid positivity ratio has reached 30pc in the business hub of the country – Karachi. ....

Asad Umar , Habib Bank , Arif Habib , Engro Fertilizers , Azgard Nine , Pakistan Stock Exchange , Byco Petroleum , Worldcall Telecom , Pak Suzuki Motor Company , Dawood Hercules Corporation , United Bank , Arif Habib Limited , Telecom Limited , Unity Foods , Commercial Banks , Textile Composite , Power Generation , Personal Care Products , Automobile Assembler , Habib Bank Limited , United Bank Limited , Azgard Nine Limited , Pak Suzuki Motor Company Limited , Automobile Parts , Investment Banks , Thal Limited ,

KSE-100: stocks extend gains, index climbs by 206 points


KSE-100: stocks extend gains, index climbs by 206 points
July 17, 2021
Bulls took control at the Pakistan Stock exchange (PSX) on Friday to end the week on a positive note as uncertainty around Capital Gain Tax (CGT) submission ended, lifting investors’ sentiments.
On Thursday the benchmark kse-100 index had climbed past 47,800 level after posting about 206 points gain by the closing bell.
The trading kicked off on an optimistic note right after the opening bell as the index climbed steadily for most part of the day and touched intraday high of 47,892.20.
Investors continue to cheer up Eurobond proceeds of $1 billion, which also propped up the State Bank of Pakistan’s (SBP) foreign currency reserves to four-and-a-half-year high, which was also a major positive macroeconomic indicator. ....

Irfan Saeed , Habib Bank , Insurance Companies , Street Company , Pakistan State Oil , Oil Gas Exploration Companies , Oil Gas Marketing Companies , Mari Petroleum Company , Pakistan Oilfields , Al Shaheer Corporation , Capital Management , Bank Alfalah , National Clearing Company Of Pakistan , Technology Communication , United Bank , Pakistan Stock , Capital Gain Tax , State Bank , Senior Vice President , Management Limited , Corporation Limited , National Clearing Company , Commercial Banks , Automobile Assembler , Lucky Cement , Systems Limited ,

KSE-100: CGT uncertainty continues to take toll on investors' sentiments; Index inches up in a range bound session


Index clocks at 47,480 level, volume recorded at 102 million shares
July 14, 2021
Market participation continued to dwindle at KSE-100 index in a range bound session on Tuesday, as looming deadline to submit Capital Gain Tax (CGT) kept investors away from the bourse.
On Tuesday, the index clocked at 47,480 level after posting a meagre 33.41 point gain by the closing bell. The index accelerated to an intraday high of 47,585.18 points and slid to an intraday low of 47,439.89 points, moving within a range of 145.29 points and closing the session in consolidation.
Earlier, trading began on a positive note and the index inched closer to the 47,600-point mark in early hours, however, investors took this as an opportunity to book profit, which interrupted the ascent and dragged the market down. ....

Kot Addu , Muslim Commercial Bank , Insurance Companies , Pakistan Petroleum , Century Paper Board Mills , Oil Gas Exploration Companies , Kot Addu Power Company , Oil Gas Marketing Companies , Ghani Global Glass , Bank Al Habib , Oil Gas Development Company , Worldcall Telecom , National Clearing Company Of Pakistan , Technology Communication , Capital Gain Tax , State Bank , Worldcall Telecom Limited , Ghani Global Glass Limited , National Clearing Company , Mutual Funds , Investment Banks , Commercial Banks , Systems Limited , Bank Al Habib Limited , Century Paper , Board Mills Limited ,

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. ....

Federally Administered Tribal Areas , Muslim Commercial Bank , National Bank , Habib Bank , Insurance Companies , Pakistan Petroleum , Silk Bank , Cherat Cement Company , Arif Habib , Oil Gas Exploration Companies , Oil Gas Marketing Companies , Pakistan Stock Exchange , Bank Alfalah , Worldcall Telecom , National Clearing Company Of Pakistan , Technology Communication , Stock Exchange , Habib Limited , Pakistan Refinery , Attock Refinery , Silk Bank Limited , Worldcall Telecom Limited , National Clearing Company , Mutual Funds , Commercial Banks , Gas Exploration Companies ,