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KSE-100 Index plummets 752 points as Covid fears weigh on sentiments April 6, 2021 Bears continued to wreak havoc at Pakistan Stock Exchange (PSX), as investors have struggled to gain a firm foothold ever since the benchmark KSE-100 index slipped from the recent high of 47,000 points, as market is being held hostage to the flare-up in Covid-19 infection cases that has forced fresh rounds of lockdown across the country. Owing to weak economic indicators and Covid-19 fears, on Monday the kse-100 index lost another 752 points by the closing bell to clock at 43,548.21 level. Investors have remain...

Market watch: KSE-100 slumps as economic unrest rattles market Benchmark KSE-100 index dives 752.74 points to settle at 43,548.21 KARACHI: The Pakistan Stock Exchange (PSX) began another week on a bearish note, with the benchmark index plunging over 750 points as the market reacted to developments on the economic and political front. In the backdrop of a worsening economic scenario, coupled with rising coronavirus cases, the index fell below the 44,000-point mark on Monday. The economic instability following formation of an Economic Advisory Council (EAC) and change of finance minister ahead ...

PSX losses deepen as investors punish earnings misses Business February 19, 2021 Stocks landed more losses on Thursday as investors continued to shed names that disappointed them in terms of dividend announcement amid concerns over IMF’s demands to abolish Rs150 billion corporate income tax exemptions and circular debt plan, dealers said. Pakistan stock exchange (PSX) KSE-100 shares index shed 1.34 percent or 625.4 points to close at 46,142.74 points. KSE-30 shares index shed 1.76 percent or 344.28 points to close at 19,216.31 points. As many as 412 scrips were active of which 140 advance...

2021-02-18 14:35:54 GMT2021-02-18 22:35:54(Beijing Time) Xinhua English Video Player Close ISLAMABAD, Feb. 18 (Xinhua) -- The Pakistan Stock Exchange (PSX) recorded bearish trading activities on Thursday with key index shedding over 600 points on back of technical selling. The PSX's benchmark KSE 100-Index dipped by 1.34 percent or 625.40 points to close at 46,142.74 points on Thursday when compared with 46,768.14 points reported on Wednesday. Selling pressure was seen in banks, cement and exploration and production sectors. According to PSX experts, there was uncertainty among investo...

Business February 18, 2021 Stocks settled lower on Wednesday after swinging wildly with the dent of the day coming from Habib Bank Limited, owing to its disappointing earning result, while institutional profit-booking also weighed, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index lost 0.21 percent or 99.81 points to close at 46,768.14 points. Volumes swelled to 701.76 million shares from 514.208 million on Tuesday. KSE-30 shares index shed 0.3 percent or 58.71 points to close at 19,560.59 points. Topline Securities in its daily market review said the market opened on a po...