Thursday, December 1, 2022

Pakistan Stock market

KSE weekly review: Market sheds 448 points, likely to remain range bound

Weakness of the Pak Rupee against USD, unchanged Fitch’s rating and ongoing debate over the Federal Budget FY20 in the Parliament kept the domestic bourse in-check this week. Given lack of triggers and profit taking in large caps, the...

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...

PSX: Drastic 816 points decline shakes investor’s confidence

KSE100 index saw a major draw down of -937pts, post Pakistan entering IMF program. The sessions commenced on a positive note and market at first increased by 511pts before plunging ~1400pts. Last half hour of trading showed some buying activity...

Pakistan’s Stock market among top performers in Asia during January

During Jan’19 the equity market recorded its largest surge on a monthly basis since Dec’16 (12.2%) as the index jumped up by 3,733 points, portraying a return of 10.1% MoM (USD based return of 10.6% MoM) and entirely washing...
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Mehboob Shaikh organizes reception in the honor of Dr. Rahman

Senior journalist, author, and social worker, Mehboob Ali Shaikh held a reception in the honor of a known Psychologist...
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