· 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…
Index slipped 5,815 pts in FY22 Pak stocks suffered a rout during FY22 amid deep uncertainty to close at 41,541 points, down by 12.28% / 5,815 points YoY, which took…
· PSX witnessed a positive session today as PKR continued to extend gains against USD and cut-off yields on 3M & 6M T-bills fell by two basis points and 15…
· Market remained under pressure today due to major sell-off in the banking stocks. Cement sector stayed in the red zone due to increase in Afghan coal price and export tax.…
· The benchmark KSE-100 index witnessed an under-pressure session today as investors opted for profit taking. Main board activity remained dry whereas hefty volumes were recorded in the 3rd tier…
· PSX witnessed a positive session today due to clarity on budgetary measures taken by the government imposing super tax also dubbed as "Poverty alleviation tax" on large corporate's profitability pertaining…
Market Commentary The market commenced on a negative note this week over uncertainty over the IMF Program, whereby the index shed 300 points DoD. However, the sentiment turned positive when…
Miftah Ismail, Finance Minister of Pakistan, in his speech in the parliament, announced an additional one-time super tax of 10% to be imposed on FY22 earnings on specified sectors where…
· KSE-100 index was dominated by the bulls today. Across the board rally was witnessed as Chinese consortium of banks signed an RMB 15 billion ($2.3 billion) loan facility agreement which…
· KSE-100 index opened in the green zone as rupee, during the day, snapped its losing streak against the dollar gaining Rs3.80 in the interbank market a day after the…
· Bulls triumphed the trading session at PSX today. KSE-100 index remained in the green zone throughout the day as value buying was witnessed across the board. The investors gained confidence…
· The market observed a negative session today as US Dollar continued its flight against PKR. Investor's participation lingered in the lackluster zone over concerns of resumption of IMF program. Volumes…
This week, the market opened on a negative note amid concerns over the dissatisfaction expressed by IMF upon measures taken in Federal Budget 2022-23, whereby the market plunged by 1,135points…
· The bulls dominated the market throughout the day as Pakistan hopes to come off FATF grey list today. The Financial Action Task Force (FATF), a global watchdog for combatting money…
· PSX continued positive momentum as investors' confidence was boosted as Government announced to further increase fuel prices in order to keep in line with the IMF Program. KSE-100 Index stayed…
· PSX witnessed a bloodbath session today due to high inflationary and post-budget concerns. The KSE-100 index plunged by over 1,179 points as investors were unable to digest the adverse measures…
· The KSE-100 index remained range bound with low volumes due to concerns regarding upcoming budget and inflationary pressure. Pharma and IT Sector remained in the limelight due to expectation of…
