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KSE-100: Selling pressure continues owing to pending futures open positions; index lost 186 points

KSE-100: Selling pressure continues owing to pending futures open positions; index lost 186 points
May 4, 2021
Stocks at Pakistan Stock Exchange (PSX) were hammered on the first trading day of the week as the index continued to lose ground to selling pressure over rising political uncertainty and negative economic indicators.
However, pending futures open positions led to additional selling pressure on Monday. Irfan Saeed, Senior Vice president, BMA Capital Management Limited, said open positions on the last trading of the roll-over week stood at a gargantuan Rs.31 billion, and since Friday’s trading hours were cut short, investors were unable to square their positions. This situation led to heavy offloading of the equities on Monday, he noted. ....

Irfan Saeed , Hub Power Company , National Clearing Company Of Pakistan Limited , Habib Bank , Insurance Companies , Fauji Fertilizer Company , Ghani Global , Azgard Nine , Stocks At Pakistan Stock Exchange , Nishat Mills , Capital Management , Lucky Cement , Technology Communication , Pakistan Stock Exchange , Senior Vice , Management Limited , Market Capital , Unity Foods , Telecard Limited , National Clearing Company , Pakistan Limited , Textile Composite , Power Generation , Nishat Mills Limited , Azgard Nine Limited , Lucky Cement Limited ,

KSE-100: Stocks stage sharp recovery; index up 487 points

KSE-100: Stocks stage sharp recovery; index up 487 points
May 5, 2021
PSX-continues-bullish-trend-gains-827-points-e1576187826235Stocks at Pakistan Stock Exchange (PSX) staged sharp recovery on Tuesday, as selling pressure finally ended, owing to positive economic indicators.
On Tuesday, the benchmark KSE-100 opened on a positive note and touched intra-day low at 44,620.41 level after gaining over 540 points. However, the index clocked at 44,563.59 level by the closing bell after posting a 487 points gain.
During the session, investor sentiments were primarily buoyed by a 57%YoY improvement in local oil sales to 1.67 MTs in the month of April which shows an uptick in overall economic activity despite virus spread. ....

Shaukat Tarin , National Clearing Company Of Pakistan Limited , Muslim Commercial Bank , Habib Bank , Ghani Global , Stocks At Pakistan Stock Exchange , Kohinoor Textiles Mills , Technology Communication , Pakistan Stock Exchange , Finance Minister , Topline Securities , Market Capital , Unity Foods , Telecard Limited , National Clearing Company , Pakistan Limited , Commercial Banks , Personal Care Products , Lucky Cement , Habib Bank Limited , Pak Tobacco , Kohinoor Textiles Mills Limited , ஷௌுகத் தாரின் , தேசிய அழித்தல் நிறுவனம் ஆஃப் பாக்கிஸ்தான் வரையறுக்கப்பட்டவை , முஸ்லீம் வணிகரீதியானது வங்கி , ஹபீப் வங்கி ,