Page 8 - Saeed Khalid News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks surge amid easing political fears Business December 15, 2020 Stocks on Monday crossed 43,000 points after almost 11 months, drawing strength from an apparently weakening anti-government protest movement, with cyclical sectors hitting the limelight after posting double-digit sales growth, hinting at a recovering economy, dealers said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index gained 1.87 percent or 795.82 points to close at 43,266.22 points, while volumes swelled to 629.525 million shares, as compared with 557.610 million in the previous session. KSE-30 followed...

Stocks seen upbeat on macroeconomic indicators Business December 13, 2020 Stocks moved in a narrow bank during the outgoing week as investors remained aloof looking at rising political noise amid resignations in opposition ranks and rapidly rising Covid-19 cases in the country, dealers said. However, it would expectedly change course in the upcoming week owing to suppressed food inflation and improving economic indicators. Pakistan Stock Exchange's KSE-100 index was up by merely one percent or 263 points during the outgoing week to conclude at 42,470 points week-on-week (WoW). The KSE-100 i...

Stocks remain stuck in range; border tensions bite Business December 11, 2020 Stocks on Thursday continued to hover within the ‘minimum risk zone’ with selective buying seen in oil, gas, and food as COVID-wary investors found themselves worrying over national security after tensions erupted on Pakistan-India border, dealers said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index gained 0.24 percent or 101.81 points to close at 42,305.84 points. Volumes increased to 472.363 million shares, as compared to 438.146 million on Wednesday. KSE-30 lost 0.11 percent or 19.43 point...

Stocks stay the flattish course in unadventurous trade Business December 10, 2020 Stocks on Wednesday failed to snap the flattish streak despite an energy-led upswing as investors are taking no chances fearing the ongoing political conflict may escalate into a full-blown national crisis, dealers said. Pakistan Stock Exchange (PSX) benchmark KSE-100 shares index gained 0.24 percent or 102.25 points to close at 42,204.03 points, while volumes increased to 438.146 million shares, as compared to 409.741 million shares in the previous session. KSE-30 was also up 0.33 percent or 57.95 points to e...