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KARACHI: Bullish fire continued to leap over the stock market as shares across the board recorded strong gains on Thursday. As the investors fell upon one another in picking up stocks that had declined to attractive valuation, the KSE-100 index climbed by 445 points, or 0.94 per cent, to close at 47,801. Intraday the index collected 487 points. Institutional investors who had sold to book profit at the close of FY21, re-entered to make fresh portfolio which was the major reason for shares to rise across the board. The index remained in green territory throughout the day as investor sentiments...

Stocks tumble as institutions hedge bets June 29, 2021 Stocks took a major battering on Monday after institutions launched a position-squaring spree amid lukewarm sentiment owing to MSCI worries and FATF letdown, dealers said. Pakistan Stock Exchange's (PSX) benchmark KSE-100 Shares Index lost 601.01 points or 1.26 percent to close at 47,002.35 points, hitting a day high of 47,659.19 points and a low of 46,900.26 points. Haris S Khan, an analyst at brokerage Topline Securities, said equities opened the week on a bearish note and came under selling pressure due to an outstanding futures posi...

Stocks fell on Friday as investors took no chances hours ahead of anti-money laundering and terror financing watchdog’s verdict on Pakistan’s grey list status, dealers said.The Pakistan...

Stocks were barely buoyed on Thursday as profit-booking weighed on trade with no stimuli in sight a day ahead of the grey list decision, dealers said.The Pakistan Stock Exchange's benchmark KSE...

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