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Benchmark KSE-100 index adds 28.6 points to settle at 43,551.15

KARACHI: Stocks on Monday hit a tailspin in tow with a global rout, mostly after crude oil spiked to its highest level since 2008, while local political tumult that's gaining traction by the day...

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...

KSE-100: Foreign selling weighs down index by 451 points April 8, 2021 Following a short-lived recovery in the previous session at the Pakistan Stock Exchange (PSX), the market was in jitters on Wednesday owing to heavy selling pressure by the foreign investors, as benchmark KSE-100 index lost 451.12 points by the closing bell and breached 43,000 level. Investors once again were in frenzy, as selling pressure in index heavy-weight stocks weighed on sentiments. On Wednesday, the index opened positive, following previous session’s gains, and touched intra-day high at 44,571.91 after it gained...

Market watch: Weak economic cues drag KSE-100 down Benchmark index loses 451.12 points to close at 43,953.58 Shares of 391 companies were traded. At the end of the day, 133 stocks closed higher. PHOTO: REUTERS KARACHI: The stock market continued its descent on Wednesday, following a short-lived recovery a day ago, and fell 451 points owing to weak economic cues. In its report titled Pakistan Development Update – Navigating in Uncertain Times, the World Bank painted a bleak picture of Pakistan, reporting a rise in unemployment and poverty due to Covid-19, which dented investor sentiment. It...