PSX market witnessed profit taking today
· Market witnessed profit taking today, KSE-100 index opened on a positive note but couldn't sustain in green zone as investor opted for profit selling across the board due to…
Tariq Glass to give new life to furnaces producing float glass (Unit-I)
Tariq Glass Industries Ltd has informed Pakistan Stock Exchange (PSX) today that one of the furnaces producing float glass (Unit-I) has outlived its useful campaign life and closed for rebuild…
PSX market stayed in the green zone throughout the day
· Market stayed in the green zone throughout the day. KSE-100 index opened in the positive zone. SPI for the week ended 14-Apr-2022 recorded a decrease of 0.68% week on…
Last hour buying turned PSX index into green
· Positive session was observed at PSX today due to stability in Pak rupee against dollar. Rally was witnessed in refinery sector due to expectation of tremendous earnings in the…
PSX: profit taking across the board led the index to close in red zone today
· Volatile session was observed at PSX today. Market opened on a bleak note but value buying was witnessed in the first trading hour. Main board activity remained dull but…
Pakistan stocks market witnessed hefty volumes in the 3rd tier scripts today
· Another positive session witnessed today due to political stability and appreciation of Pak Rupee against US Dollar. Across the board rally was witnessed regardless of foreign selling spree, Main…
Expert’s opinion that immediate support stands in b/w 46,040 – 45,907
A strong bullish move was witnessed at the start of the new week, and the benchmark Kse-100 index finally concluded the session at a level of 46,144.96 with a record…
PSX sees bullish momentum due to clarity over political unrest and appreciation of Pak rupee
· Bullish momentum was recorded today due to clarity over political unrest and appreciation of Pak rupee against dollar. Market celebrated the prolong awaited clarity as KSE-100 index posted historic…
Pakistan Stock Exchange – what to expect going forward?
After over a month of unexpected political events and increasing political uncertainty, the dust finally seems to have settled. Amid opening of the Supreme Court at midnight, national capital being…
Pakistan stock reacts positively – opens with 1400 points
The PTI government was ousted over the weekend, losing its majority in the National Assembly. PML-N's Shehbaz Sharif will likely to elected Prime Minister later today. The KSE100 lifted by…
PSX’s past week performance PSX, and Outlook
In the outgoing week, the market opened to a blood bath session, shedding 1,250pts on the back of surprising dismissal of no confidence motion by the NA deputy speaker followed…
PSX witnessed a bullish momentum today
· PSX witnessed a bullish momentum today due to prolong awaited decision from the Supreme Court announced last night created clarity among investors. Moreover, appreciation of Pak rupee against US…
Expert’s term increase in interest rates a timely move by the SBP
In a surprise development, SBP conducted an ad hoc meeting today and taking cue from the ongoing macroeconomic situation particularly persistent double-digit inflation, worsening external account, rising domestic & international…
Another volatile day observed at PSX today
· Another volatile day observed at PSX today, KSE-100 index opened positive but was unable to digest green zone due to ongoing political unrest, rising T-bill auction yields and Pak…
Positive day observed at PSX today
· Positive day observed at PSX, KSE-100 index remained in green zone throughout the day, activity remained sideways due to political unrest and devaluation of PKR against US Dollar. Value…
Another volatile day observed at PSX
· Another volatile day observed at PSX as index opened in the negative zone due to political unrest and devaluation of PKR against US Dollar. During the 2nd hour of…
KSE-100 Index experienced a blood bath session throughout the day due to political unrest
· The KSE-100 Index experienced a blood bath session throughout the day due to political unrest. A significant decline was observed in the volumes of the market as well. Across…
PSX: Recommendation for next week
The ongoing political tensions are expected to reach a climax on Sunday, whereby voting on the no-confidence motion against the Prime Minister will occur in the National Assembly. Thus far,…
Supernet set to raise 475 million through listing at PSX
Supernet Limited plans to raise Rs475 million through the Initial Offering of its 18.81 per cent of post-offering share capital. The capital being raised by listing the firm on the GEM…
PSX: Experts’ advice for today
On Wednesday, a negative session was witnessed in the local stock market of Pakistan, and the benchmark Kse-100 index declined by 100.14 points to close at a level of 44,337.56.…
TPL Properties truns into profits due to Mangrove project and Technology Park
The management of TPL Properties Limited (TPLP) held analyst briefing session post announcement of 1HFY22's financial results to discuss company's performance together with throwing some light on outlook. Please find…
PSx index stayed in the red territory during the day due to political unrest
· Index stayed in the red territory during the day due to political unrest and further PKR devaluation against dollar. Main board activity remained dull. On the flip-side, activity continued…
SBP’s commitment to the development of the Pakistan Capital Market
Governor State Bank Dr. Reza Baqir visited CDC House to mark the successful operationalization of important projects for Pakistan Capital Market, namely Roshan Equity and RAAST for Dividend payments, which…
New development impacting PSX
The market has risen in the last two days as momentum appeared to shift to the PTI and PM Imran Khan, ahead of the no-confidence vote. However, uncertainty still remains…
The PSX index closed at 43,933.56pts, up by 382.41pts today
Index stayed in the red territory during the first trading hour due to political unrest and further PKR devaluation against dollar. Cement sector remained in the limelight due to price…