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Pakistan Stock Market to record a bullish rally and rupee to recover sharply on first session after no-confidence move got successful, where analysts believed that the
Business May 27, 2021 Stocks on Wednesday ended higher on renewed economic hopes, hitting the highest ever turnover of 1.56 billion shares, led by Worldcall Telecom Ltd (WTL) that claimed the lion’s share of trade with 708 million shares, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index gained 1.11 percent or 511.65 points to close at 46,812.31 points. Analyst Muhammad Abdul Rafay at Pearl Securities said the benchmark index witnessed a gigantic session registering highest volumes in the history of PSX, where most of the 3rd tier stocks closed at upper circuit breakers ...
PSX records remarkable gains on first day of trading week Published On The KSE 100 Index closed the day at 44,766 or up by 2.23% KARACHI (Dunya News) – Pakistan Stock Exchange on first day of the new week climbed sharply on the back of Chairman Senate Election where Sadiq Sanjrani won the elections for the second time helped improved the sentiments at the stock market which propelled the index by more than 2.2 percent. The market continued its bullish momentum from Friday with the KSE 100 Index closing the day at 44,766 or up by 2.23% with a positive change of 978.51 points. Clarity ove...
Shares dip at PSX as benchmark loses 828 points Published On Valuations are attractive for medium term given current risk-free rate, currency stability KARACHI (Dunya News) – The KSE-100 index declined by 828 points the lowest since the beginning of 2021 below 45,000 level on concern of higher interest rate, income tax exemptions removal and government s move to pass autonomy bill for the central bank. The KSE index closed at 44,223 points, the lowest level during CY21TD). During last two sessions the index declined by 3.5% (-1,614 points) which is the highest decline for two consecut...
PSX witnesses bearish trend a day after Senate elections: report Published On PSX witnesses bearish trend a day after Senate elections: report KARACHI (WEB DESK) - Senate outcome sent some shivering signals to investors where selling spree hit the deck wiping about 2 percent of 100 index where dozens of companies shares finished at low marks, dealers said. The KSE-100 index marked a bloodbath session today after the senate election results, where against odds the opposition party emerged victorious on the key senate seats. "Investors also feared over covid-19 third wave that caused 75 dea...