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Daily Times * Index clocked in at 47,793 level, foreign investors were net sellers of $21 million July 25, 2021 Investors struggled to find a catalyst to set a direction at Pakistan Stock Exchange (PSX) in the shortened (two-session) outgoing week, as risk-shy investors remained away from the index, owing to the rising Afghan crisis, resurgence of Covid-19 and foreign selling pressure. The PSX benchmark KSE-100 index exhibited a range bound session as it clocked at 47, 703 level inching down from 47,834 points- previous weeks closing, after trading between the weekly high of 48,004.54 points ...

Business

Stocks end flat with hopes pinned on spending budget June 12, 2021 Stocks remained range-bound in Friday’s session, wherein the benchmark index opened on a positive note and closed in the green territory with investors’ optimism primarily fuelled by hopes of an investor friendly federal budget, dealers said. Ahsan Mehanti at Arif Habib Corp said stocks closed higher led by selected scrips across the board as investors weighed IMF relaxations in federal budget FY22, GDP growth target of 4.8 percent for FY 22, progress in resolving Rs2.1 trillion circular debt and record remittances of $2...

Stocks looked sharp on Tuesday, the first day of June, led by crude-oil-fueled energy, while upbeat revenue numbers stoked economic hopes amid budget incentive bets, dealers said.Pakistan Stock...

Stocks roared ahead on Monday as optimism over economic recovery carried the rally into the second week with trade hovering over a billion shares mark, dealers said. Pakistan Stock Exchange’s ...