points

PSX witnesses another slump as 100-index sheds 1002 points

PSX witnesses another slump as 100-index sheds 1002 points

KARACHI – The KSE-100 Index closed today (Thursday) at 38300.63 points as compared to 39303.11 points on the last working day with a negative change of 1002.48 points.The total turnover was 189,763,050 as compared to 138,104,150 on the last working day with Worldcall Telecom having the highest turnover of 20,670,500.The KMI 30 index declined by […]

PSX records fresh decline of 299 points, touches 39,303

PSX records fresh decline of 299 points, touches 39,303

KARACHI  – The capital market was once again under the command of bears with the index suffer fresh declines under the lead of cement, steel, auto manufacturer, oil and gas exploration on continuous rise in foreign debts and difficulties facing to clear the on-going payments and rumors of changes in the ministry level especially the […]

Pakistan stock market slips below 37000 points level

Pakistan stock market slips below 37000 points level

ISLAMABAD  –Pakistan Stock Market slipped below 37000 points level, reaching the lowest level of previous two years three months. So far, the KSE-100 index has lost 976 points. During previous week, Pakistan Stock Exchange recorded a free fall where share values reached almost nine-month low mark with recorded a decline of 1,772 points because of […]

Market watch: Stocks hammered as KSE-100 loses 880 points

Market watch: Stocks hammered as KSE-100 loses 880 points

KARACHI: Stocks were hammered on Friday as the KSE-100 index plunged over 950 points in intra-day trading, slipping below the 37,500 mark. It closed the day in the red with some recovery.Market participants reacted to a sharp dip in the foreign currency reserves held by the central bank, which slipped another $101 million and settled at $8.3 […]

Bullish sentiment prevails as KSE-100 gains 400 points

Bullish sentiment prevails as KSE-100 gains 400 points

KARACHI:The stock market witnessed a bullish run during the week, as certain developments lent impetus to the market leading the index to gain 400 points or 0.98% to settle at 41,320 levels.Despite being open for just three working days on account of Ashura holidays the index managed to surpass the 41,000-point barrier. Monday kicked off […]

Market watch: KSE-100 gains 82 points amid volatile trading

Market watch: KSE-100 gains 82 points amid volatile trading

KARACHI: The KSE-100 index extended its gains from the previous session and closed up by 82 points on Wednesday after experiencing a volatile session.On the political front, the suspension of prison terms of Nawaz Sharif and his daughter Maryam, awarded to them in the Avenfield properties case, by the Islamabad High Court failed to cast a […]

Her Majesty The Queen recognises Pakistani volunteer with Commonwealth Points of Light Award

Her Majesty The Queen recognises Pakistani volunteer with Commonwealth Points of Light Award

Her Majesty The Queen recognises Pakistani volunteer with Commonwealth Points of Light Award Islamabad; (Asghar Ali Mubarak) The Her Majesty Queen Elizabeth II has recognised Dr Muhammad Amjad Saqib, of Pakistan as the 31st Commonwealth Point of Light in honour of his exceptional voluntary service creating Pakistan’s largest micro-finance organisation that is benefitting hundreds of […]

Market watch: KSE-100 plunges close to 500 points in intra-day trading

Market watch: KSE-100 plunges close to 500 points in intra-day trading

Market watch: KSE-100 plunges close to 500 points in intra-day trading By NEWS DESK KARACHI: The stock market recouped some of the losses as investors bought shares on dips after offloading in the final hour on rumours of Panama Papers case verdict that caused a decline of almost 500 points. At close, the Pakistan Stock Exchange’s […]

Manchester United drop two more points at home

Manchester United drop two more points at home

MANCHESTER (AFP) – Manchester United dropped two more points in the English Premier League (EPL) as they failed to score and drew 0-0 with Hull City at home. Hull s draw at Old Trafford gave them a small measure of revenge for last week s League Cup semi-final defeat at Manchester United s hands Mourinho made nine changes […]

PSX-100 surges by 698 points on news of new SECP products

PSX-100 surges by 698 points on news of new SECP products

KARACHI: Waning political concerns, and the reported introduction of newer financial products (particularly leverage-featured) by the Securities and Exchange Commission of Pakistan, kept investor confidence intact, pushing the index higher on Wednesday. The Pakistan Stock Exchange went up 1.43%, an increase of 698 points, to close at 49,455.86 points. The overall turnover remained at 356 […]