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Power sector jolts index up on nearing circular debt resolution - Vimarsana News

Power sector jolts index up on nearing circular debt resolution

The index moved up on Tuesday with revival of investor confidence in power and pharmaceutical sectors amid healthier volumetric gains in cement and oil sectors too, dealers said.Pakistan Stock...

Index to stay green on strong corporate profitability - Vimarsana News

Index to stay green on strong corporate profitability

The capital market went over 46,000 points level during the outgoing week on the back of a stable interest rate decision as well as corporate results. The index would likely remain positive in the...

Stocks down as profit-selling disrupts result rally - Vimarsana News

Stocks down as profit-selling disrupts result rally

Business January 29, 2021 Stock gave up gains on Thursday as wobbly oil and equities around the world spurred profit-selling in overbought heavyweights, interrupting the result season rally for now, dealers said. KSE-100 shares index, the benchmark of Pakistan Stock Exchange (PSX), shed 0.63 percent or 292.08 points to end at 46,166.05 points. Volumes ballooned to 844.002 million shares, from 610.940 million on Wednesday. KSE-30 shares index suffered a loss of 0.57 percent or 111.16 points to end at 19,259.11 points. Salman Ahmad, head of institutional sales at Aba Ali Habib Securities said ...

Stocks cruise in result rally amid economic hopes - Vimarsana News

Stocks cruise in result rally amid economic hopes

Stocks cruise in result rally amid economic hopes Business January 28, 2021 Stocks headed further north on Wednesday in result season rally with oil sector, especially refineries, blazing the trail amid sentimental support from IMF’s economic growth projections, dealers said. Pakistan Stock Exchange's (PSX) benchmark KSE-100 shares index gained 0.37 percent or 170.75 points to close at 46,458.13 points. Volumes increased to 610.940 million shares, from 603.240 million shares on Tuesday. KSE-30 shares index also hit a high 0.58 percent or 111.27 points to end at 19,370.27 points level. Bro...

Stocks ride global surge; textiles in focus - Vimarsana News

Stocks ride global surge; textiles in focus

Stocks on Thursday trailed a record global rally triggered by Joe Biden’s inauguration as the US president, with textiles mostly stealing the local limelight on zero-rating hopes, dealers...