Saturday, July 31, 2021

KSE-100

Pakistani bourse echoed global stock markets, touches 17-month high levels

Pakistani bourse depicted a mixed trend during the outgoing week with the benchmark KSE-100 index witnessing some weakness at the beginning of the week amid rising conflict between Iran and the US. Sentiments further worsened mid-week given Iranian strike...

KSE-100 recovers 127 points on financial year end despite PKR uncertainty

Last trading day of the financial year ended positively with +127pts (unadjusted), although the day’s oscillation from +162pts to -365pts, left the investors with a bit of anxiety. Adding to this anxiety was also the decline in Rupee parity...

KSE-100 loses 314 points on USD-Rupee parity

The down trend at KSE 100 continues amidst repo activity. Despite the absence of MTS volume, market remained under selling pressure. Power sector led the volumes on the bourse with 33M shares, followed by Banks (19M). KEL remained on...

PSX take a breather on bulls run, KSE-100 uptick 1195 points in the wake of state fund

Market is showing signs of a bull run in the wake of the State Fund that will likely buy scrips of State-owned listed entities. On the whole, market shot up by 1256pts during the session, and closed +1195pts. Majority stocks hit...

KSE-100: After drastic dip of 814 points market close in green

KSE 100 index showed first signs of recovery and that too on a day when SBP is scheduled to announce monetary policy. Street consensus is of a 100bps hike, however, market seems to have incorporated it already. Buying activity was...

Weekly review: Market bleeds as KSE-100 sheds 1550 points on rupee devaluation, MPS

The market continued to bleed this week, commencing on a negative note. The expectation of positive sentiments upon agreement of IMF Program did not materialize. Investors remained cautious due to tough measures attached with the program. However, investors took a...

Pakistan: KSE-100 sheds 391 points on profit booking

The benchmark KSE-100 of Pakistan Stock Exchange (PSX) declined by 391 points or (-1.05%) closed at 36,901.69 on Monday. Profit booking was apparently the only idea on investors’ mind. SNGP, which hit upper circuit the other day with high...

Weekly review: KSE-100 sheds 184 pts, likely to remain in green on IMF, Amnesty announcements

Pakistan Stock Exchange (PSX) winds blew in all directions, with the benchmark KSE-100 index closing in green on 3/5 days and ending the week at 37,338pts (down by 184pts, 0.5% WoW). While low GDP forecast by the IMF and cement...

KSE-100 jumps 550 points on IMF package expectations

Index saw significant recovery on Friday. The session commenced with cautious optimism and initial test of -46pts, market sprung strongly with 633pts and closed at +550pts. Cement Sector again contributed significantly to the rise in Index with 33M shares followed...

Pakistan’s equity market slightly recovers after week long decline

After Thursday’s slide of ~500pts, the 100 index traded did slip another 209pts during the day but closed positive 5pts (unadjusted). Interloop Limited (ILP) debuted at PSX with 14.3M traded volume and closed slightly below its opening / subscription...
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Latest News

Construction may fetch Rs 2000 Billion investment if amnesty extended: Fayyaz Ilyas

Chairman Association of Builders and Developers of Pakistan (ABAD) Fayyaz Ilyas has said that the investment in Construction Industry...
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