PSX market opened in the positive zone
· The market opened in the positive zone although investors' participation remained dull throughout the opening session. The bulls made a comeback in the second session for value hunting across…
· The market opened in the positive zone although investors' participation remained dull throughout the opening session. The bulls made a comeback in the second session for value hunting across…
· The index opened with a positive bias and remained bullish throughout the last trading session. The local bourse posted an intraday high of 743pts and concluded with a gain…
· PSX witnessed a positive session today. The KSE-100 index traded in the green zone throughout the day as investors opted for value hunting across the board. The E&P sector remained…
We expect the market to remain in the green zone, given hopes of loan disbursement from IMF once the Executive Board approves. Moreover, with the ongoing result season, certain sectors…
During the week, the KSE-100 gained 1,946 points and closed at 42,096 points. The positive progress led to the development in external accounts since the assuring statements of the top…
· Bulls triumphed the trading session at PSX today. In the first trading session, KSE-100 index remained in the green zone as value buying was witnessed across the board. In…
· The positive momentum continued at the PSX as investors remained active throughout the day. The market traded in the green zone as Pak rupee continued its upsurge against the…
· The market witnessed bull run after clarity on IMF program resumption which resulted in Pak Rupee appreciation against USD. The investors rejoiced over the news as KSE-100 went up…
PSX observed a positive session today as Pak rupee continued to show resistance against the USD as further appreciation was witnessed. Market opened in the negative zone but investors opted for…
Engro Polymer and Chemicals Limited (EPCL) is scheduled to announce its 2QCY22 financial result on Aug 10th, 2022. We project the company to post a profit after tax of PKR 2,483mn…
· PSX continued to remain under pressure throughout the day due to concerns regarding uncertain economic situation. The benchmark KSE-100 index witnessed a volatile session as investors opted to remain sideways…
· The market remained sideways throughout the day due to concerns over rising political and economic unrest. PSX opened in the negative zone as rupee continued to decline against US dollar.…
Political uncertainty took a toll on the market this week. The Pak Rupee continued to depreciate during the week, reaching an all-time low of PKR 228.37 amid depletion of foreign…
· The market witnessed a bearish momentum during the first session due to inflationary and political concerns. However, the bulls made a comeback in the second session for value hunting across…
· . The benchmark KSE-100 index remained sideways due to continuous Pak rupee devaluation against US dollar and political unrest. Volumes remained dry although the last trading hour witnessed value buying…
Bears took charge at PSX today as the bloodbath continued. Despite opening in the green zone, the benchmark KSE-100 index dropped down to an intraday low of 40,216 levels (1150.73…
· The benchmark KSE-100 index witnessed a bloodbath session today over prevailing political uncertainty in the country. The market opened in the negative zone and remained under pressure throughout the day…
· The bulls continued to dominate the PSX throughout the day as KSE-100 index went up by 500 points. As Pakistan has reached a staff level agreement with the International Monetary Fund…
As per the PSX notice, ICI Pakistan Limited has received a conditional offer from Morinaga Milk Industry Co. Ltd, Japan to acquire an aggregate of approximately 33.3% of the issued…
Bulls made a comeback move on Wednesday in the last hour of trading session and the benchmark Kse-100 index after marking an intraday low of 41,971 (down by 120 points),…
· Bulls triumphed the trading session at PSX July 13. The KSE-100 index traded in the green zone as value buying was witnessed across the board, although the E&P sector remained…
The market opens again after the long Eid break. We believe the 125bps interest rate hike just prior to the break is largely already in the price. Activity could remain…
· The market observed a negative session today as Pak Rupee depreciated against USD. Investor's participation stayed lackluster over concerns of resumption of IMF program. Volumes remained dry in the main…
The outgoing week witnessed lackluster activity in the KSE-100 index primarily due to prolonged uncertainty on the resumption of IMF program, high twin deficits, runaway inflation and rising political noise.…
· The market traded in the green zone as the fertilizer sector remained in the limelight due to price increase. Investors hunted for value buying throughout the day. CPI for the…