The Bulls triumphed at the PSX to begin the week today.
· The bulls triumphed at the PSX to begin the week today. The market opened in the green and continued to trade with fervent sentiments as rumors of a possible…
PSX outlook for next week
Any further development on IMF front along with receiving Chinese rollover of USD$2.3bn is likely to reduce pressure on external front with reserves standing at USD$4.19bn. However, the delays in…
The PSX trading remained low due to the country’s ongoing political turmoil.
· The PSX opened with a lacklustre session, as investor participation remained low due to the country's ongoing political turmoil. However, as the session began following the break, investor activity…
Another range-bound session was recorded at the PSX today.
· Another range-bound session was recorded today at the PSX. The day began with favourable sentiments regarding the news for the renewal of the IMF program, reaching an intraday high…
The PSX witnessed a mixed session today
· The PSX witnessed a mixed session today. The market opened in the green but the index swung both ways considering the political unrest in the state. Investors participation remained…
A negative session was witnessed at the PSX on the back of political unrest and IMF issue
· A negative session was witnessed at the PSX to mark the start of the week. The benchmark KSE-100 index opened in the negative due to the country's political uncertainties…
PSX’s performance last week and the IMF issue
The market opened positively after IMF Resident Representative dismissed rumours that Pakistan needs to raise USD 8bn instead of USD 6bn, to finance the external debt repayments. Moreover, political tensions…
The week closed off in green at the PSX today
· The week closed off in green at the PSX today. The opening session was volatile as investors remained cautious owing to the political uncertainty in the country mostly trading…
A negative session was recorded at the PSX today.
· A negative session was recorded at the PSX today. The benchmark KSE-100 index opened in the green, but momentum quickly turned as the index swayed both ways and concluded…
Recent developments in the IMF program backlash on PSX
· Today's session on the KSE-100 was range bound. The market began in the green but swung as political noise flared up and recent developments on the IMF program, with…
To begin the week, the PSX witnessed a range-bound day.
· To begin the week, the PSX witnessed a range-bound day. Following the country's prevailing political upheaval, the benchmark KSE-100 index opened in the negative zone, but managed to close…
PSX outlook for next week, with a review of last week
In a week mired with political uncertainty, the country presently needs additional financing for the successful completion of long standing 9th IMF review whereas Pakistan has assured the IMF it…
The Bulls returned to the PSX today after three consecutive depressive sessions.
· The Bulls returned to the PSX today after three consecutive depressive sessions. The market began in the green as the IMF confirmed that talks between the government and the IMF…
Political unrest continues to depress PSX today.
· Another negative session was recorded at the PSX today. The benchmark KSE-100 index opened in the red, continuing the momentum from the previous close after the arrest of the…
Imran Khan’s arrest news brings a bloodbath session at the PSX.
· A bloodbath session was recorded at the PSX following the political turmoil in the country. The market opened with depressive sentiments and the stocks further tumbled down following the…
The business week finished on a high note at the PSX today.
· The business week finished on a high note at the PSX today. The market opened in the green, but investor engagement remained low due to weekend, making the index…
The positive momentum continued at the PSX today.
· The positive momentum continued at the PSX today. The KSE-100 index opened in green zone and continued to trade with positive sentiments throughout the trading session, reaching an intraday…
Today, another positive session was taped at the PSX
· Today, another positive session was taped at the PSX. The benchmark KSE-100 index opened with the same optimistic feelings as the previous close, as the trade deficit shrank by…
A positive session was observed at the PSX today.
· A positive session was observed at the PSX today to kick off the business week as another Buyback of shares was announced by one of the largest conglomerates, Lucky…
PSX Performance during the month of April 2023
This month, the stock market reacted to some much-needed confidence, with the IMF's Director Middle East and Central Asian Department stating that Staff Level Agreement (SLA) with Pakistan will soon…
KSE-100 Index profitability during April was up by 8.8% YoY
· Despite economic headwinds, pressure on external accounts, historic high inflation, and demand erosion across major sectors, the profitability of the KSE-100 index has held up, posting a growth of…
PSX market review for the week ended on April 28.
In continuation to the last week's theme, the ultimate decision of the Supreme Court, the release of funds to the Election Commission and table talk amongst the top political leadership…
The PSX ended the business week with a positive session today.
· The PSX ended the business week with a positive session today. The market opened in the green and proceeded to trade in the same territory throughout both sessions as…
Unity Foods Limited exchange losses ate away earnings
In 3QFY23, Unity Foods Limited (UNITY) posted a loss of Rs0.17/share, as compared to an EPS at Rs0.74/share in 3QFY22. This takes 9MFY23 earnings at a loss of Rs0.69/share, as…
A bullish trend at the PSX continued today
· A bullish trend at the PSX continued today. The benchmark KSE-100 index opened with positive momentum and continued to trade in green throughout the day, reaching an intraday high…