· 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…
· The PSX remained positive throughout the day due to strengthening of Pak Rupee against US Dollar and accumulation of value stocks. Pharmaceutical and Technology sectors remained in the limelight due…
· PSX continued to remain under pressure throughout the day due to concerns regarding adverse upcoming budget and mounting inflation. The benchmark KSE-100 index witnessed a volatile session as investors opted…
· A range-bound session was observed at PSX today given further devaluation of PKR against USD tagged with concerns of new taxes in the upcoming budget, keeping the investors at bay.…
· The index opened on a positive note and remained bearish throughout the last trading session. The local bourse posted an intraday low of 1,093pts and concluded with a loss…
The outgoing week witnessed lacklustre activity in the KSE-100 index largely due to economic uncertainty prevailing in the country. Despite a rise in fuel prices by PKR 30/litre last week,…
· The market remained under pressure as investors remained stagnant over expectations of an adverse budget announcement. The KSE-100 plunged to 354 points as selling pressure was witnessed across the board as…
The index traded inside the previous candle registered a higher low & lower high while concluded the session with positive number. Immediate support stands in b/w 42,930 – 42,706 which…
The KSE-100 index witnessed a volatile week where index performance was largely dominated by announcement of monetary policy, outcome of the IMF review, hike in retail fuel prices and political…
· The market witnessed a long-awaited bull run after the government finally announced to increase petroleum prices considering the IMF Program resumption which resulted in the price appreciation of Pak Rupee…
· Another negative session witnessed at PSX due to ongoing political noise which created panic among investors by pushing the KSE 100 index down further. The benchmark KSE-100 index made intraday…
· The KSE-100 Index opened negative and witnessed a volatile session throughout the day due to concerns over foreign exchange reserves and rate hike in the MPS, which pulled off…
