· The PSX witnessed a mixed session today. The benchmark KSE-100 opened in the green but traded both ways. Activity remained sluggish throughout the trading session. Investors opted to remain sidelined because of the impending delay in signing the SLA between the government and IMF and the prevailing political uncertainty affecting investors’ confidence.… Continue

· The PSX witnessed a mixed trading session today. The benchmark KSE-100 opened in the red territory but traded in both directions, as investors still eye at IMF to release the long overdue tranche. Participation remained sluggish in the main board as the cautious approach is adopted by players drying up volumes, whereas 3rd tier stocks continued to lead the volume board.… Continue

· A positive session was recorded at the PSX today. The market opened in the green zone and traded in the same range during the trading session reaching an intraday high of 203.47 points as investors chose to be vigilant due to the ongoing political and economic uncertainty.… Continue

·   The business week started with a mixed session at the PSX today. The benchmark KSE-100 index started in the red, but trends gradually shifted as the index traded both ways, as delayed review of the IMF’s Extended Fund Facility and ongoing political uncertainty kept investors at bay, resulting in a drop in volumes across the board.… Continue

·   The PSX concluded the week with a negative session. The market started off in the red zone and continued to trade in the negative territory for the majority of the trading session, shedding 453.21 points during the day due to the prolonged SLA between the government and IMF to unlock 9th tranche of the Extended Fund Facility.… Continue

· A negative session was witnessed at PSX today. The KSE-100 began positively, but bears quickly took over as the index lost steam and ended the session in the red, owing to the state’s economic and political uncertainties, plunging the index to an intraday low of 420.71 points.… Continue

· A range-bound session was recorded at the PSX today. The market opened in the green zone and traded within a narrow range throughout the day, reaching an intraday high of 244.99 points as investors await the government and IMF to reach an SLA between the government and IMF.… Continue

·   A positive session was recorded at the PSX today. The market opened in the red losing 209.39 points following the ongoing political turbulence in the state. However, bulls quickly droved the index and proceeded to make an intraday high of 193.69 points as investors opted to cherry pick strong fundamental stocks given the attractive valuations being offered in the market.… Continue

·   The PSX witnessed a mixed session today. The benchmark KSE-100 opened in the green but traded both ways as the index remained choppy throughout the trading period as investors opted to remain cautious on account of the further delay in signing the Staff Level Agreement between the government and IMF along with the prevailing political uncertainty crushing investors’ confidence.… Continue

· A positive session was recorded at the PSX to begin today’s week. The market opened in the green zone and traded with positive sentiments as bulls derived the index to make an intraday high of 497.90 points in hopes of getting the SLA agreement signed between the government and IMF on Monday or Tuesday as stated by the finance minister.… Continue

·   A positive session was recorded at the PSX to end the business week today. The market opened in the green as bulls took over the index and proceeded to make an intraday high of 316.48 points on the back of expectations to reach a much awaited staff-level agreement with the IMF soon.… Continue

· Another affirmative day was witnessed at the PSX today. The benchmark KSE-100 traded in the positive zone throughout the trading session as the investors remained optimistic on the Staff Level Agreement between the government and IMF for the 9th tranche of the Extended Fund Facility.… Continue

·    A mixed session was witnessed at the PSX today. The benchmark KSE-100 index opened in the positive zone but traded both ways throughout the trading session due to the prevailing political unrest. The mainboard saw significantly lower volumes due to the investors’ lackluster participation.… Continue

·   To begin the business week, a positive session was witnessed at the PSX today. The market started rising shortly after the opening bell rung owing to expectations of reaching a staff-level agreement with the IMF this week as the market reached an intraday high of 460.71 points.… Continue

·        A positive session was witnessed at PSX today. The benchmark KSE-100 index opened in the green as the bulls kept drifting the market within positive zone during most of the trading hours and pulled the index up to make an intraday high of 440.20 points.… Continue

The KSE-100 index closed flat this month at 40,510 points, down by 163pts / 0.4% MoM. With the SBP reserves continuing to show weakness, the Pak Rupee touched its all-time low level of 276.58/USD on 3rd Feb’23. Albeit, the commencement of talks between the incumbent government and the IMF staff for the 9th review, as well as the potential clearance of gas circular debt, propelled the market in the early months, particularly energy stocks.… Continue

·   Another range-bound session was recorded at the PSX today. The market started in the negative zone and continued to trade in the negative territory for the majority of the trading session, reaching an intraday low of 480.64 points as investors chose to remain cautious due to the Supreme Court decision regarding the provincial elections.… Continue

·     A negative session was witnessed at PSX today. The index opened with positive numbers but sentiments quickly shifted in support of Bears as the market proceeded to trade in a red zone during most of the trading session. An anticipated rate hike in the upcoming monetary policy and political instability drove the index down to hit an intraday low of -347.77 points as investors’ chose to remain cautious while trading and kept on hunting for value stocks with high dividend yield, whereas decent volumes were observed across the board

·     The index closed at 40,510.37 pts, down by 273.76pts (-0.67% DoD).… Continue

·      The PSX started the week with mixed sentiments. The market started in the positive territory but continued to trade in both directions as investors chose to remain passive during the trading session due to political uncertainty and the delayed IMF Program.… Continue

The market started on a positive note this week as parliament passed the Finance Bill, aimed to change certain laws relating to taxes and duties in order to generate an additional PKR 170bn. Additionally, the current account posted a USD 3.8bn deficit in July-Jan of FY23 compared to USD 11.56bn in the same period of last fiscal year, depicting a decline of USD 7.76bn, the main reason in the decline was a reduction in imports.… Continue

The PSX concluded the week with a mixed session. The market opened in the green zone,  although initially bulls drove the market but soon bears took the charge as investors opted to square-up their positions due to the rollover week. Market remained choppy throughout the day as Investors kept cautious trading approach owing to political noise along with no clarity from IMF board for the release of 9th tranche of the IMF Extended Fund Facility.… Continue

·      Bears took charge at the PSX today after consecutive bullish sessions. The benchmark KSE-100 opened in the red zone due to speculation of a policy rate hike in the coming days after yesterday’s T-Bills cutoff yields were at the higher side leading the index to plunge down and make an intraday low of -395.08 points.… Continue

·    The bullish trend at the PSX resumed today. The benchmark KSE-100 index opened in the green and continued to trade in that territory throughout the session, owing to the positive dynamics generated by a potential staff level agreement between the government and the IMF for the 9th tranche of the Extended Fund Facility.… Continue

· Today at the PSX, a negative session was recorded to kick off the week. The market opened in the red and continued to trade in that region, reaching an intraday low of -494.64 points on speculation of a policy rate hike in the coming days.… Continue

At the start of the week, the market experienced a downturn in response to anticipated mini-budget post-discussions between the government and the International Monetary Fund (IMF). During a session on Wednesday in Parliament, the Finance Minister presented tax measures that would generate an additional PKR 170bn in revenue for the remainder of the fiscal year.… Continue