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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 including WTL, Hum Network and Pakistan International Airline (PIA). “Optimism was triggered by the government's projection of even better economic numbers for 4QFY21. Also, investors took cue from the improving fundamentals of business and industrial activities, which further supported the sentiment.”
PSX rallies amid record turnover of 1.56bln shares thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
PSX rallies amid record turnover of 1.56bln shares thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Stocks pull off a stunner on wholesale value-buying thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Stocks pull off a stunner on wholesale value-buying thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Stocks pull off a stunner on wholesale value-buying thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Virus wrecks stocks in third wave havoc Business April 6, 2021 Stocks collapsed on Monday as a worsening virus crisis spooked investors into squaring their positions before the lockdowns turned ugly, dealers said, adding economic situation also weighed. Topline Securities in a note said equities opened the week on a bearish note with the KSE-100 Shares Index closing at 43,548, after losing 1.70 or 752.74 points at the Pakistan Stock Exchange (PSX). Concerns over the third wave of Covid coupled with a higher trade deficit dampened investor sentiment at the bourse, the brokerage said. Topline report said the major laggards in today’s session were namely TRG, SYS, HBL, LUCK, and UBL that cumulatively dragged the benchmark index lower by nearly 255 points.
Virus wrecks stocks in third wave havoc thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Virus wrecks stocks in third wave havoc thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
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 over senate chairmanship buoyed investor sentiment while investors shrugged off concerns of a higher inflation and political noise owing to the Long March and filing of petition in SC by PPP to challenge the Senate chairmanship election.