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Stocks head further south as hedge-betting intensifies - Vimarsana News

Stocks head further south as hedge-betting intensifies

Business May 1, 2021 Stocks suffered another blow on Friday as investors fiercely hedged their bets given the virus crisis, cold-shouldering some good results at the end of the rollover week, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index shed 1.34 percent or 600.76 points to close at 44,262.35 points. Volumes were almost flat at 293.74 million shares from 280.67 million shares in the last trading session. Topline Securities in a note said the market opened on a positive note as index gained to make an intraday high of 194 points, attributable to healthy result announce...

RiceBran Technologies (NASDAQ:RIBT), NetSol Technologies Inc. (NASDAQ:NTWK) - 2 Penny Stocks That Just Broke Out Of Patterns - Vimarsana News

RiceBran Technologies (NASDAQ:RIBT), NetSol Technologies Inc. (NASDAQ:NTWK) - 2 Penny Stocks That Just Broke Out Of Patterns

Share: Netsol Technologies (NASDAQ: NTWK) are two penny stocks that are trading sharply higher into Tuesday. RiceBran is possibly moving amid a 2021 financial results conference call that’s scheduled for Wednesday. Netsol is likely moving after the company signed a five-year, multi-million-dollar renewal with a Japanese automotive customer. Below is a technical look at the charts. RiceBran Daily Chart Analysis RiceBran stock looks to have broken out of what technical traders may call a bullish flag pattern. The stock recently crossed above the 50-day moving average (green) and the 200-day m...

Stocks gain as economy shows green shoots - Vimarsana News

Stocks gain as economy shows green shoots

Stocks gain as economy shows green shoots Business Stocks on Wednesday pressed ahead counting on upbeat economic numbers amid robust corporate earnings hopes, dealers said. Pakistan stock exchange (PSX) KSE-100 shares index gained 0.58 percent or 262.65 points to close at 45,311.22 points. Volumes reduced to 341.88 million shares from 473.433 million in the last trading session. Topline Securities in a note said encouraging large-scale manufacturing and auto sales numbers and decline in Pakistan Investment Bonds cutoff yields garnered investors interest, which led the market to make an intra...

Stocks flat on virus fears, political unrest - Vimarsana News

Stocks flat on virus fears, political unrest

Stocks flat on virus fears, political unrest Business April 14, 2021 KARACHI: Stocks on Tuesday flatlined in a range-bound trade as investors played safe given the rising Covid infections and a brewing political unrest, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 0.16 percent or 70.52 points to close at 45,048.57 points. KSE-30 shares index shed 0.03 percent or 6.45 points to close at 18,436.44 points. An analyst at Pearl Securities said the benchmark index witnessed squiggly movement a...

Stocks dip after govt vetoes trade with India - Vimarsana News

Stocks dip after govt vetoes trade with India

Stocks dip after govt vetoes trade with India Business April 2, 2021 Stocks on Thursday cheered the government’s dovish lockdown policy and booed its hard line against opening trade with India to close on a red note, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index market lost 0.36 percent or 159.87 points to settle at 44,428 points. Total traded volume shrank 30 percent to 312 million shares and value slumped 33 percent to Rs17.3 billion over Wednesday. Topline Securities in a note said the day kicked off on a positive note as no imposition of a general lockdown...