Page 5 - Saeed Khalid News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Business January 7, 2021 Stocks on Wednesday ended near three-year high as a surprise oil surge fired up energy sector that was later joined by cements on price hike hopes and banks because of strong earnings outlook, dealers said. Benchmark KSE-100 shares index hit a high of 1.13 percent or 502.99 points to close at 45,153.42 points at Pakistan Stock Exchange (PSX). Volumes increased to 664.538 million shares, from 582.367 million shares on Tuesday. KSE-30 gained 1.14 percent or 212.97 points to end at 18,921.67 points. Ovais Ahsan, chief e...

Stocks made strides around the turn of the year on developments like extension in construction sector package and reports of a nearly done official deal to cut down the massive circular debt, and...

Stocks close 2020 on a flat note Business January 1, 2021 Stocks on Thursday ended flat as investors did not hesitate in extracting whatever juice was available in terms of capital gains by selling their holdings on the last trading session of the year 2020, dealers said. Benchmark KSE-100 shares index gained 0.14 percent or 60.62 points to close at 43,755.38 points at Pakistan Stock Exchange (PSX). Volumes increased to 578.250 million shares from 455.994 million on Wednesday. KSE-30 shares index followed suit with a high of 0.22 percent or 40.27 points to end at 18,180.00 points. Topline S...

Business December 31, 2020 Stock on Wednesday rode high on the back of oil, banking, and technology, as investors, especially financial institutions made the most of attractive valuations ahead of year-end closing, dealers said. Benchmark KSE-100 shares index gained 0.95 percent or 412.49 points to close at 43,694.76 points at Pakistan Stock Exchange (PSX). Volumes decreased to 455.994 million shares from 503.119 million on Tuesday. KSE-30 was also up 0.77 percent or 138.33 points to end at 18,139.73 points. Muhammad Saeed Khalid, head of research at Shajar Capital, said the market remained ...

Business December 30, 2020 Stocks on Tuesday lost to profit-taking in overbought shares as investors hedged their bets after the surfacing of a coronavirus variant in the country, where economy remains vulnerable in the face of the second wave of the pandemic, dealers said. Benchmark KSE-100 shares index lost 0.9 percent or 392.01 points to close at 43,282.27 points at Pakistan Stock Exchange (PSX). Ready market volume increased to 503.119 million shares, as compared with 463.412 million on Monday. KSE-30 shed 1.16 percent or 211.93 points to end at 18,001.40 points level. Topline Securities...