Stock Exchange

KARACHI: Political uncertainty, submission of the JIT reportand adjournment of Supreme Court decision to next week, resulted in adding to the pervading gloom over the investor sentiments. KSE-100 index declined 885 points (1.96 per cent) and settled at the end of the week at 44,337 points. During the week, the market also saw one of the […]

KARACHI: Complete lack of interest in trading at the stock market saw the volume dip to three-year low at just 75 million shares on Monday. The benchmark KSE-100 index moved narrowly between the positive and negative. However, it closed with gains of 185.77 points (0.42 per cent) at 44,523.21 on late buying. Intraday, the index […]

On Tuesday, when the KSE-100 index tanked 2,153 points, the record single-day decline, investors went into a panic selling in the lead of mutual funds which sold equity worth $11.6 million. Swinging like a pendulum over the Panama Papers’ case developments, the stock market on May 12 staged a rally of 1,052 points, recovering about […]

KARACHI: Stock investors were in for a rude awakening on Tuesday as the KSE-100 index took a plunge of 1,000 points even be­­fore the opening bell had died down. As the investors stared at the trading board in disbelief, the market saw shares close at their lower circuits in droves. “It surely is not the […]

The Pakistan Stock Exchange (PSX) on Monday gained more than 1,000 points, close to 2.3pc, to regain ground it lost last week. The index settled at 46,274 points by Monday’s close, slightly below the day’s high of 46,332 points. It had dropped sharply after opening to the day’s low of 44,710 points, but rebounded immediately […]

KARACHI: Stock prices are plummeting. Investors are losing money, and fast.  Asia’s top-performing market in 2016 is no longer bullish. Despite the bloodbath on Tuesday, which has now become a more usual occurrence, management at the Pakistan Stock Exchange (PSX) is calm. “It is not PSX’s job to control volatility in the market and keep an […]

KARACHI: Stocks continued the losing streak on Wednesday with the KSE-100 index recording a loss of 328 points or 0.74 per cent to close at 43,792.19, the lowest level in 2017. The benchmark has shed 17pc value since its peak on May 24. Investors caught their breath as the index started to sink as soon […]

The Pakistan Stock Exchange landed in red on Tuesday as the capital market failed to recover from Tuesday’s negativity, with the benchmark KSE-100 shares index shed 328 points or 0.74 per cent to reach 43,792 points. The benchmark tested day’s high at 44,206 points just 85 points above the session’s opening in first 10 minutes […]

KARACHI: Inbox Business Technologies has postponed the book-building process keeping in view political uncertainly amid the joint investigation team (JIT) probing allegations of money-laundering against Prime Minister Nawaz Sharif and his family. While the JIT submitted its report to the Supreme Court on Monday, the future of the current government is hinged on uncertainty. The KSE-100 […]

The sudden and surprising decline of the rupee against the dollar by a hefty 3.1 per cent, in the opening hours of interbank trade last Wednesday, left both the money and the stock markets in disarray. That day, the dollar rose to Rs108.50, before settling at Rs108.25 by close, which was billed as the largest […]