Page 31 - Hum Network News Today : Breaking News, Live Updates & Top Stories | Vimarsana

July 29, 2021 Stocks slumped on Wednesday as a monetary policy status quo rally was reversed by renewed scares of economic restrictions as the new Covid variants were reported on the rise in the country, traders said. Pakistan Stock Exchange's (PSX) benchmark KSE-100 Share Index lost 368.96 points or 0.77 percent to close at 47,318.03 points printing a day high of 47,874.69 points and a low of 47,244.21 points. Muhammad Arbash, an analyst at Topline Securities, said the day opened on a positive note as central kept the policy rate unchanged. However, in the second half the market witnessed p...

Stocks end draggy week on decent note July 17, 2021 Stocks on Friday closed a stagnant week on a decent note, with investors mostly betting on better earnings down the road, traders said. The benchmark KSE-100 Shares Index at Pakistan Stock Exchange (PSX) finally managed a decent gain of 206.07 points or 0.43 percent to close the day at 47,834.33 points, hitting day high and low of 47,892.20 points and 47,628.26 points respectively. Ahsan Mehanti, analyst at Arif Habib Corp, said stocks closed bullish led by selected scrips across the board amid speculations ahead of major earning announcem...

Senior Fashion Writer The awards had their hit and miss moments but they were hardly the cataclysmic car crash social media would have you think. A star-studded event taking a place a year-and-a-half into a pandemic is bound to be talked about. By electing to stage a live ceremony, the Hum Style Awards (HSAs) broke through the dark clouds that the coronavirus had cast upon the entertainment and fashion industries, and dusted out the erstwhile red carpet that had long been sulking away in the shadows. The guest list featur...

Stocks close higher tracking budget approval July 1, 2021 Stocks closed higher on Wednesday as approval of federal budget and World Bank loan for power sector reforms had positive impact on investor sentiments, traders said. The Pakistan Stock Exchange (PSX) benchmark KSE 100-shares index went up 0.46 percent or 218.25 points to close at 47,356.02 points, against 47,137.77 points recorded in the last session. Intraday high was 47,460.31 points, while the lowest level of the day was recorded at 47,137.77 points. Analyst Ahsan Mehanti at Arif Habib Corp said, “Stocks closed bullish at the y...

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...