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Another negative session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:December 21, 2022
  • Post category:PSX
  • Reading time:1 mins read

· A negative session was witnessed at the PSX today. The benchmark KSE-100 index recorded a lackluster session as investor participation remained low due to ongoing political unrest, with the…

Continue ReadingAnother negative session was witnessed at the PSX today

The week started on a negative note at the PSX due to the ongoing political uncertainty

  • Post author:Siddiqi
  • Post published:December 19, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        The week started on a negative note at the PSX due to the ongoing political uncertainty, which kept investors squaring up their position in the market, with the index shedding…

Continue ReadingThe week started on a negative note at the PSX due to the ongoing political uncertainty

The PSX market will continue to trade in a range, next week

  • Post author:Siddiqi
  • Post published:December 17, 2022
  • Post category:PSX
  • Reading time:4 mins read

The performance of the KSE-100 index remained subdued during the outgoing week as delays in the resumption of the IMF program, the heating up of the political climate and faltering…

Continue ReadingThe PSX market will continue to trade in a range, next week

The week closed off with a mixed session on the last business day

  • Post author:Siddiqi
  • Post published:December 16, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        The week closed off with a mixed session on the last business day. The market opened in the negative zone continuing the momentum from the previous close however, the market…

Continue ReadingThe week closed off with a mixed session on the last business day

Volumes increased from 144.8mn shares to 146.7mn shares (+1.3% DoD) today at PSX

  • Post author:Siddiqi
  • Post published:December 14, 2022
  • Post category:PSX
  • Reading time:1 mins read

· The PSX had a range-bound session today. The benchmark KSE-100 index fluctuated in a narrow range throughout the day after the market opened in the red and quickly created…

Continue ReadingVolumes increased from 144.8mn shares to 146.7mn shares (+1.3% DoD) today at PSX

Another range-bound session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:December 13, 2022
  • Post category:PSX
  • Reading time:1 mins read

· Another range-bound session was witnessed at the PSX today. The market opened in the red but soon the momentum changed as the market traded in the green throughout the…

Continue ReadingAnother range-bound session was witnessed at the PSX today

The week began with a range-bound session at the PSX.

  • Post author:Siddiqi
  • Post published:December 12, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        The week began with a range-bound session at the PSX. The benchmark KSE-100 index opened in the green but failed to maintain momentum due to political and economic uncertainty, as…

Continue ReadingThe week began with a range-bound session at the PSX.

Pakistan weekly stock roundup – December 09, 2022

  • Post author:Siddiqi
  • Post published:December 10, 2022
  • Post category:PSX
  • Reading time:3 mins read

In the outgoing week, the market remained jittery, even though Pakistan repaid its $1bn international bond on time and Saudi Arabia extended its USD 3bn deposit to the SBP.  The…

Continue ReadingPakistan weekly stock roundup – December 09, 2022

The benchmark KSE-100 index finally ended its losing streak, trading in the green all day

  • Post author:Siddiqi
  • Post published:December 7, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        The benchmark KSE-100 index finally ended its losing streak, trading in the green all day. Following a clarification by the finance division regarding the 9th review of the IMF Program,…

Continue ReadingThe benchmark KSE-100 index finally ended its losing streak, trading in the green all day

A mixed session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:December 6, 2022
  • Post category:PSX
  • Reading time:1 mins read

· A mixed session was witnessed at the PSX today. The market opened in the green territory however, selling momentum built up over the ongoing political clamor in the country.…

Continue ReadingA mixed session was witnessed at the PSX today

A bloodbath session was recorded at the PSX today

  • Post author:Siddiqi
  • Post published:December 5, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        A bloodbath session was recorded at the PSX today. The market opened in the green, but lack of investor participation and redemptions caused the index to drop 632.29 points intraday…

Continue ReadingA bloodbath session was recorded at the PSX today

PSX Performance during November, market up by 2.6% despite political noise

  • Post author:Siddiqi
  • Post published:December 1, 2022
  • Post category:PSX
  • Reading time:4 mins read

The KSE-100 index posted a jump of 1,084 points / +2.6% MoM during Nov'22 to close at 43,349 points. Early on during the month, the Finance Minister assured that monetary…

Continue ReadingPSX Performance during November, market up by 2.6% despite political noise

A range-bound session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 30, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        A range-bound session was witnessed at the PSX today. The market opened in the green zone but the lack of investors' participation dive the index down into the red zone…

Continue ReadingA range-bound session was witnessed at the PSX today

A bloodbath session was witnessed at the PSX today due to increase in interest rates

  • Post author:Siddiqi
  • Post published:November 28, 2022
  • Post category:PSX
  • Reading time:1 mins read

· A bloodbath session was witnessed at the PSX today. The State Bank of Pakistan unexpectedly raised interest rates by 100 basis points during the post-close session of the previous…

Continue ReadingA bloodbath session was witnessed at the PSX today due to increase in interest rates

The week concluded with another range-bound trading session at the PSX today

  • Post author:Siddiqi
  • Post published:November 25, 2022
  • Post category:PSX
  • Reading time:1 mins read

·       The week concluded with another range-bound trading session at the PSX today. The session began in the positive zone after the name of the new COAS was announced, providing much-needed…

Continue ReadingThe week concluded with another range-bound trading session at the PSX today

Another range-bound session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 24, 2022
  • Post category:PSX
  • Reading time:1 mins read

· Another range-bound session was witnessed at the PSX today. The market opened in the green zone but due to the ongoing political uncertainty, investors chose to book profits at…

Continue ReadingAnother range-bound session was witnessed at the PSX today

A range-bound session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 23, 2022
  • Post category:PSX
  • Reading time:1 mins read

· A range-bound session was witnessed at the PSX today. The market opened in positive zone but lack of investors' participation plunged the index down into the red and continued…

Continue ReadingA range-bound session was witnessed at the PSX today

A positive session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 22, 2022
  • Post category:PSX
  • Reading time:1 mins read

· A positive session was witnessed at the PSX today. Due to the inclusion of 4 companies of KSE-100 index in Morgan Stanley Capital International (MSCI) Frontier Market Pakistan. The…

Continue ReadingA positive session was witnessed at the PSX today

A negative session was witnessed at the PSX today due to the ongoing political chaos

  • Post author:Siddiqi
  • Post published:November 18, 2022
  • Post category:PSX
  • Reading time:2 mins read

· A negative session was witnessed at the PSX today. The market opened in the negative zone and continued to trade in the same range as a lackluster opening session…

Continue ReadingA negative session was witnessed at the PSX today due to the ongoing political chaos

Another range-bound session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 17, 2022
  • Post category:PSX
  • Reading time:1 mins read

·      Another range-bound session was witnessed at the PSX today. The market opened in the positive zone however, due to the rupee-dollar parity and delayed 10th review of the IMF Program…

Continue ReadingAnother range-bound session was witnessed at the PSX today

A range-bound session was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 15, 2022
  • Post category:PSX
  • Reading time:1 mins read

· A range-bound session was witnessed at the PSX today. The market opened in the red zone on account of political uncertainty, but later in the day investors jumped back,…

Continue ReadingA range-bound session was witnessed at the PSX today

A review of PSX this week’s performance

  • Post author:Siddiqi
  • Post published:November 11, 2022
  • Post category:PSX
  • Reading time:3 mins read

The market commenced on a positive note this week as the country is expected to get USD 13bn financing from China (USD 9bn) and Saudi Arabia (USD 4bn). The momentum…

Continue ReadingA review of PSX this week’s performance

Yet another positive day was witnessed at the PSX today

  • Post author:Siddiqi
  • Post published:November 11, 2022
  • Post category:PSX
  • Reading time:1 mins read

· Yet another positive day was witnessed at the PSX today. The market opened in the positive territory although lacklustre activity was noticed which led the index to lose 96.39…

Continue ReadingYet another positive day was witnessed at the PSX today

The bulls returned to the PSX today

  • Post author:Siddiqi
  • Post published:November 10, 2022
  • Post category:PSX
  • Reading time:1 mins read

·        The bulls returned to the PSX today. After the finance minister announced  USD 500mn financing by the Asian Infrastructure Investment Bank under the BRACE (Building Resilience with Active Countercyclical Expenditure)…

Continue ReadingThe bulls returned to the PSX today

Fly Jinnah chooses Sastaticket.pk as preferred booking platform

  • Post author:Siddiqi
  • Post published:November 7, 2022
  • Post category:PSX
  • Reading time:2 mins read

Pakistan's leading travel booking platform, Sastaticket.pk and Fly Jinnah; a new entrant to Pakistan's aviation sector, have entered into a collaboration/partnership under which Fly Jinnah tickets would be available through…

Continue ReadingFly Jinnah chooses Sastaticket.pk as preferred booking platform
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