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Stocks spiraled deeper into losses on Friday as scares of a bump in the road to economic recovery haunted investors into exiting the market in rollover week, traders said.Country’s key capital...
Stocks further weakened on Wednesday as unabated profit-taking coupled with selling pressure that is typical in the rollover week took a toll on trade, traders said.Country’s benchmark capital...
The KSE-100 index oscillated between intraday high and low by 135 and 436 points with the balance tipping on the bearish side.
Stocks leap as data beats lockdown blues August 3, 2021 Stocks spun higher on Monday led by textiles and technology on dollar strength, while upbeat economic data cheered investors out of virus lockdown blues, traders said. Pakistan Stock Exchange's (PSX) benchmark KSE-100 Shares Index gained Rs397.96 or 0.85 percent to close at 47,453.25 points, touching a day high of 47,508.74 points and a low of 47,051.81 points. Ahsan Mehanti, analyst at Arif Habib Corp, said, stocks showed sharp recovery in the earnings season amid late session buying on reports of record $2.35 billion exports in July...
Stocks unchanged as tough virus curbs mulled July 30, 2021 Stocks bit the dust in early trade on Thursday, but fought back to end almost unchanged as tough Covid curbs are being mulled, traders said. Pakistan Stock Exchange's (PSX) benchmark KSE-100 Share Index lost 5.70 points or 0.01 percent to close at 47,312.33 points, testing a day high of 47,374.57 points and a low of 46,955.09 points. Ahsan Mehanti, analyst at Arif Habib Corp, said stocks closed lower on investor concerns over the economic impact of the fresh Covid surge and frail global equities. Mid Session support came from surgin...