Pakistan equities decline 3.5% amid economic uncertainty
KARACHI: Pakistan Stock Exchange (PSX) ended another stressful week (and an equally stressful financial year) in the red as benchmark KSE-100 index closed the week ended June 28, 2019 at…
Pakistan equities remain volatile during the week
KARACHI: This week trading commenced on a negative note as the government unveiled missed targets for FY19 in the Economic Survey document along with arrest of Asif Ali Zardari (Ex-President)…
Pakistan equities gain 0.8 percent on hopes of government bailout
KARACHI: After four volatile trading sessions, Pakistan equities closed the week ended May 30, 2019 at 35,975 levels as the benchmark KSE-100 index gained 0.8 percent. During the week, average…
KSE-100 Index profitability down by 1.2 percent during 3QFY19
KARACHI: Earnings of the KSE-100 index depicted a downturn of 1.2% YoY during 3QFY19 ended March 31, 2019.Based on sectoral weight, this was led primarily by Cements (-7.8% YoY; 5.7%…
Pakistan equities gain 7.6 percent as government contemplates market stabilization fund
KARACHI: After bleeding for seven consecutive weeks, Pakistan equities posted a sharp recovery as optimistic investors rushed to accumulate stocks on seemingly attractive valuations, pushing the benchmark KSE-100 index up…
Pakistan’s equities decline 3.9% ahead of the IMF Program
KARACHI: Yet another week, yet another case (6th consecutive week) of the market shedding points! This time, the benchmark KSE-100 Index fell 1,406 points (down 3.9% WoW) to close at…
Pakistan equities decline 2.7% on concerns over ongoing talks with the IMF
KARACHI: Pakistan Stock Exchange (PSX) fell victim to bearish sentiments for the fifth week in succession as the benchmark KSE-100 index shed another 1,008 points or 2.7% to close at…
Pakistan’s equity remains volatile on political uncertainty
KARACHI: Pakistan Stock Exchange (PSX) remained under pressure the entire week ended April 19, 2019 owing to lack of clarity over the PM’s decision to make changes in the cabinet,…
Pakistan equities decline 0.5% during the week
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index closed in green on 3/5 days and ended the week at 37,338pts down by 184pts, 0.5 percent for the week ended April…
Pakistan equities slip 2.9% on deteriorating economic fundamentals
KARACHI: Hike in key interest rates by 50bps, increase in fuel prices by PKR6/liter and higher than expected inflation of 9.4% for March 2019 dented the sentiments of market participants.…
Pakistan’s equities gain 0.3pc on Chinese inflows
KARACHI: Inflow of US$ 2.1 billion from China and flexibility shown by International Monetary Fund (IMF) on economic benchmarks for the bailout package provided a breathing space to the equity…
Pakistan’s equities gain 0.6 percent
KARACHI: The Pakistan stock exchange closed almost flat for the week ended March 22, 2019 as investor climate in the outgoing week regained some confidence while volumes continued to remain…
Dull activity on the bourse as Pakistan equities lose 1.5 percent
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index mostly remained in the red territory throughout the week ended March 08, 2019, amid spillover effect from previous week’s confrontation between Pakistan…
KSE-100 Index gains 4.0 percent backed by UAE’s support package
KARACHI: Pakistan Stock Exchange (PSX) benchmark KSE-100 index gained 4.0 percent or 1,502 points closing the week ended January 11, 2019 at 39,049 points, as $3.0 billion support package was…
KSE-100 Index plunges 4.8 percent
KARACHI: Pakistan Stock Exchange (PSX) Benchmark KSE-100 Index fell 4.8 percent or 1,934 points during the week ended December 7, 2018 to close at 38,562 points mainly due to higher…