High inflation figures impacts PSX
· The benchmark KSE-100 index witnessed a bloodbath session today due to concerns over inflation and growth rate due to prevailing flood crisis. The market opened in the positive zone but…
Outlook and recommendation for PSX
Following the disbursement of the tranche by the IMF, the government is expected to unlock further foreign economic assistance from various international creditors and flood relief aid from friendly countries…
Volumes increased from 181.3mn shares to 248.2mn shares : PSX
· Market witnessed a positive session today as Pakistan received the first tranche of the extended fund facility from the International Monetary Fund. Investors participation remained active throughout the day,…
PSX: today investors opted for profit taking across the board
· The market opened in the positive zone as the International Monetary Fund's executive board approved the extended loan facility for Pakistan. However, later in the day investors opted for…
The Index closed at 42,504.34pts, down by 87.17pts
· The market observed a negative session today due to concerns over mounting inflation and GDP growth rate. Investors' participation remained sideways throughout the day although value buying was witnessed…
During the week, the KSE-100 sheds 679 pts
During the week, the KSE-100 vanished 679 pts and closed at 42,592 pts as political uncertainty arises again, to the ongoing tussle between the federal and provincial governments. Moreover, rising…
A negative session was witnessed at the PSX due to last day of rollover week
A negative session was witnessed at the PSX due to last day of rollover week as investors opted for profit-taking. The first session consisted of dull activity despite opening in…
Pakistan stock’s market sentiments hurt due to rising inflation and political noise
· Market remained range bound throughout the day due to concerns over rising inflation and political noise. The benchmark KSE-100 index opened in the positive zone but dull activity was…
A range bound session was observed in the market today due to roll-over week
· A range bound session was observed in the market today due to roll-over week. The benchmark KSE-100 index opened in the positive zone but sluggish activity was witnessed throughout the…
PSX witnessed a bullish session today
· PSX witnessed a bullish session today. The benchmark KSE-100 index traded in the green zone throughout the day as investors confidence boosted due to policy rate being unchanged. Cement sector remained…
PSX continued to remain under pressure due to rising political noise
· Market witnessed a negative session ahead of MPC today. PSX continued to remain under pressure throughout the day due to concern regarding political noise. Investors opted to remain sideways…
PSX market remained range bound throughout the day
· Market remained range bound throughout the day as investors opted for profit taking. The benchmark KSE-100 index opened in the green zone but profit taking was witnessed by the…
PSX witnessed a positive session today
PSX witnessed a positive session today. The KSE-100 index opened in the green zone but investors opted for profit taking in the1st trading hour. Banking sector remained in the limelight…
The PSX market observed a range bound session today
· The market observed a range bound session today. The benchmark KSE-100 index opened in the positive zone although investors opted to book profit which resulted the index to close in…
Bulls at PSX triumphed today with gains of +1.78%
· Bulls triumphed today with gains of +1.78% to close @43,622. Pakistan is now +22% in USD terms in August and tops the global performance table during the period. KSE-100…
Nishat Chunian Power announced a cash dividend of PKR 10.0/share
Nishat Chunian Power Limited (NCPL) announced its 4QFY22 financial result today where the company posted a profit after tax (PAT) of PKR 600mn (EPS: PKR 1.63), up by 35% YoY…
POL to announce a final cash dividend of PKR 60.00/share
Pakistan Oilfields Limited (POL) schedules to announce its financial result for FY22 on 16th Aug'22, where we project the company to post a profit after tax of PKR 25,013mn (EPS:…
Weekly Pakistan’s stock market review
During the week, the KSE-100 gained 761 points and closed at 42,858 points. As Pakistan has received a Letter of Intent (LoI) from the IMF and top army officials visit…
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…
KSE-100: Robust activity continues
· 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.
· 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…
Outlook and Recommendation for PSX, next week
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
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
· 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 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…