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According to Topline Securities Ltd, the developing scenario panicked investors who indulged in hasty selling.

Individuals were major buyers and picked up shares worth $3.44m.

KARACHI: Bulls ruled the roost at the stock market on the first trading day of the week, represented by healthy buying that saw the KSE-100 index make intraday high of 400 points. The index levelled off some gains in late trading, but still closed up by 182 points, or 0.40 per cent, at 46,097. Although the benchmark met tough resistance at 46,215 points, the market cheered the closing above 46,000 level. Investors’ sentiments remained upbeat on the statement of Federal Energy Minister Hammad Azhar that the projected GDP growth was 3.94pc for the current fiscal year against 0.47pc contract...

The bearish spell entered its third day on the stock market on Friday amid intensified selling pressure ahead of an NCOC meeting. — AFP/File KARACHI: The bearish spell entered its third day on the stock market on Friday amid intensified selling pressure ahead of an NCOC meeting which later in the day announced measures to check the spread of the third wave of Covid-19. The benchmark KSE-100 index made an intraday low of 566 points at 44,363, but the mid-session buying hel­ped it recover partially closing the day with a loss of 223 points, or 0.5 per cent, at 44,706.76. Arif Habib Ltd in it...

In this file photo, Pakistani stockbrokers watch the latest share prices on a digital board during a trading session at the Karachi Stock Exchange (KSE). — AFP/File KARACHI: Stock market on Friday showed some bullish signs as the KSE-100 index added 75.45 points, or 0.17 per cent, to close at 45,305.63 amid expectations of better corporate earning reports next week. However, the volume plunged due to short trading hours in the weekend session, but index managed to close in the green despite profit-selling as investor sentiments remained choppy in the wake of TLP protests and rising Covid...