Monday, November 28, 2022

PSE

KSE-100 nosedives on cement issues, SEF delays

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) opened on a positive note with +24pts, but hit a ceiling of +69pts followed by heavy selling throughout the session. Cement sector caused the concern among investors due to requirement introduced...

Pakistan: KSE-100 bags 1010 points on Funds clarity

Market bounced from the word Go. Within minutes of initial trading, the index was +150pts and did not see back. Clarity on Pakistan Opportunity and Market Support Funds gave much needed confidence amongst investors and the erosion saw yesterday...

KSE-100 sheds 748 points on delays in state enterprise funds, MSCI rebalancing

Market took a major bantering on Tuesday after resisting the tide of profit taking since Friday. The meteoric rise of Index observed last week was matched on Tuesday with a slide of ~800pts, although the index closed -754pts (unadjusted)....

SECP notifies Listed Companies “(Buy-back of Shares) Regulations, 2019”

The SECP notified Listed Companies “(Buy-back of Shares) Regulations, 2019” on May 23, 2019 after a series of meetings between different stakeholders. A draft of the Regulation was shared by the SECP post feedback from all stakeholders and a notification...

Market jubilates as Bulls pushed KSE100 up by 993 points, third straight day in green

It’s the third session that KSE100 traded in green and capped a new feather with a consecutive 2-day increase of 6.4% in a decade. One of the major reasons behind this upsurge in Index is State Enterprise Fund (that is...

KSE-100 ends in green despite blue chip selling

First day of Ramadan started on a positive note, went up by 200pts and ended in green zone with 42pts (unadjusted). Nonetheless, several scrips including blue chips saw aggressive selling at bourse, such as SNGP, PSO, OGDC, KEL, HUBC etc. Banking...

Pakistan Stock market sheds 401 points during the week, optimistic on MbS visit

The benchmark KS-100 index of Pakistan Stock Exchange (PSE) during the week witnessed downward movement dropped by 401 points closed at 40,486 at week end. domestic equity bourse remained under pressure at the start of the week as speculation...

KSE-100 shed 52 points on profit taking

The benchmark KSE-100 index of Pakistan Stock Exchange (PSE) shed 52 points or (0.13%) closed at 40,544 on Wednesday. Market opened on a positive note with +96pts carrying the optimism seen Tuesday. During the session, the market went up...

Weekly review: KSE-100 index soars 848 points to 41K on govt measures

The benchmark KSE-100 Index of Pakistan Stock Exchange (PSE) continued its positive stride this week. With the government taking stringent measures to deal with the external debt and current account deficit, foreign investors’ confidence in the local bourse has...

Equity market soars on MPS, company’s results

The benchmark KSE 100 of Pakistan Stock Exchange surged 192 points or (0.47%) settled at 40,799.2 on Thursday on companies results and MPS.   Analysts at Arif Habib Limited said that the market gained by a good margin on Thursday after...
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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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