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KSE-100: Covid fears weigh down index by 93 points


KSE-100: Covid fears weigh down index by 93 points
April 22, 2021
Investors treaded cautiously at Pakistan Stock Exchange (PSX) on Wednesday, as overall lack of positive triggers, and rising Covid fears restrained the index and resulted in range-bound trading.
On Wednesday, the benchmark KSE-100 opened on a bullish note and touched intra-day high at 45,626.88 level after gaining 227.1 points. However, paring early gains the index reversed its trajectory and clocked at 45,306.54 level by the closing bell after posting a 93 points loss.
During the session the market was gripped with fears of rising Covid cases, after the Federal Minister for Planning and Development and the Chief of the National Command and Operation Centre (NCOC) Asad Umar on Wednesday issued a warning and said that if the coronavirus situation continues to worsen in the country, the government will be compelled to impose more restrictions, which dampened investors’ confidence. ....

Engro Corporation , Insurance Companies , Oil Gas Exploration Companies , Pakistan Stock Exchange , Oil Gas Development Company , Worldcall Telecom , Technology Communication , Unity Foods , National Bank , Nishat Power , National Clearing Company Of Pakistan Limited , Kohinoor Textile Mills , Fauji Fertilizer Company , Operation Centre , Engro Fertilizers , Pakistan Oilfields , International Steels , Federal Minister , National Command , Asad Umar , Maple Leaf Cement , Nishat Power Limited , Worldcall Telecom Limited , National Clearing Company , Pakistan Limited , Gas Exploration Companies ,

KSE-100: Foreign selling weighs down index by 451 points


KSE-100: Foreign selling weighs down index by 451 points
April 8, 2021
Following a short-lived recovery in the previous session at the Pakistan Stock Exchange (PSX), the market was in jitters on Wednesday owing to heavy selling pressure by the foreign investors, as benchmark KSE-100 index lost 451.12 points by the closing bell and breached 43,000 level.
Investors once again were in frenzy, as selling pressure in index heavy-weight stocks weighed on sentiments. On Wednesday, the index opened positive, following previous session’s gains, and touched intra-day high at 44,571.91 after it gained 167.91 points. However, reversing the earlier gains, the index entered negative territory and lost 646.65 points to touch intra-day low at 43,758.05 level. ....

National Clearing Company Of Pakistan Limited , Habib Bank , Fauji Fertilizer Company , Azgard Nine , Oil Gas Exploration Companies , Pakistan Stock Exchange , Bank Al Habib , Oil Gas Development Company , Adamjee Insurance Company , International Steels , Lucky Cement , Dost Steels , Dost Steels Limited , National Clearing Company , Pakistan Limited , Mutual Funds , Commercial Banks , Gas Exploration Companies , Automobile Assembler , Power Generation , Habib Bank Limited , Bank Al Habib Limited , Gas Development Company Limited , Fauji Fertilizer Company Limited , Lucky Cement Limited , Adamjee Insurance Company Limited ,

Lucky Cement profit surges 135pc on construction strength


Lucky Cement profit surges 135pc on construction strength
Business
January 30, 2021
KARACHI: Lucky Cement profit jumped 135 percent to Rs4.541 billion in the first half of fiscal year 2020/21, translating into earnings per share (EPS) of Rs14.04, a bourse filing said on Friday.
The company posted Rs1.936 billion with EPS of Rs5.99 in the same period ended December 31, 2019. Dividend payments were nil as per the notice submitted to the Pakistan Stock Exchange.
Sales showed improvement, as net sales went up 42 percent to Rs30.075 billion from Rs21.211 billion in the first half of 2019.
Brokerage Arif Habib Limited in a report said, “Company’s top-line witnessed an uptick of 36 percent YoY to Rs15.7 billion in ....

Shankar Talreja , International Steels Limited , Pakistan Stock Exchange , Brokerage Arif Habib , Brokerage Taurus Research , Lucky Motors Corporation , International Steels , Lucky Cement , Pakistan Stock , Arif Habib Limited , Topline Securities , Motors Corporation , Taurus Research , Steels Limited , Steel Mills , ஷங்கர் தலிரெஜா , சர்வதேச இரும்புகள் வரையறுக்கப்பட்டவை , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , தரகு ஆரிப் ஹபீப் , தரகு டாரஸ் ஆராய்ச்சி , அதிர்ஷ்டசாலி மோட்டார்கள் நிறுவனம் , சர்வதேச இரும்புகள் , அதிர்ஷ்டசாலி சிமென்ட் , பாக்கிஸ்தான் ஸ்டாக் , ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை , மேல் வரி பத்திரங்கள் ,