Stock Exchange Archive

The PSX wish list

Good times are rolling on for the Pakistan stock market. Investors, or at least those with plenty of cash to spare, are making tonnes of money as share prices rock to new highs. Last week, the benchmark KSE-100 index roared past the …

Economic recovery more visible: SBP

• First half year’s performance has improved macroeconomic outlook for FY21• Debt servicing remains a key challenge KARACHI: The economic recovery is becoming more visible exceeding the previous forecast to reach 3 per cent GDP growth rate with 7-9pc inflation and better …

Stocks succumb to selling pressure

KARACHI: The three-day gaining streak at the stock market snapped on Friday — the last trading day of the rollover week — when the KSE-100 index made an initial false start to extend the earlier day’s gains by 31 points. However, the …

PSX rebounds after a volatile week

KARACHI: The stock market bounced back in the outgoing week with the KSE-100 Index reclaiming 419 points or 0.92 per cent to close at 46,228. Trading was volatile throughout the week with the index finishing in green in two of the five …

Gloomy week on PSX amid surging Covid

KARACHI: Stocks snapped two-week losing streak in the outgoing week and recovered 620 points (1.5 per cent) to close at 40,807. There was nothing fascinating that turned the tables on bears, but investors “churning” shares with most engaged in day trading and …

Stocks gain 579 points on positive macros

KARACHI: The stock market extended its spectacular rally for the third successive day underpinned by encouraging economic data for Pakistan that recorded current account surplus for September, which represented third consecutive month of a CA surplus in a row. Market sentiment was …

Stocks manage 138 points on value buying

KARACHI: The stock market snapped two-day selling streak on Wednesday with the index managing to recover 137.61 points (0.34 per cent) and close at 40,144.29. Trading remained volatile with the benchmark making a high and low of 177 and 161 points during …

Bulls toss index above 40,000-level

KARACHI: The stock market extended rally for the third straight day on Thursday with the benchmark KSE-100 index accumulating another 503.66 points (1.26 per cent) and close at 40,353.62. It opened positive and remained bullish for all of the day with the …

Stocks bounce back with 722-point rally

KARACHI: Stocks staged a spectacular rally on Wednesday with the KSE-100 index rebounding after several bleak sessions to close at 39,849.96, representing hefty gains of 722.48 points (1.85 per cent). Market capitalisation recovered Rs121bn. Trading started on a positive and the index …

Stocks tumble 633 points on foreign selling

KARACHI: For the second session this week, the stock market witnessed a bear onslaught that spilled blood across the board. The KSE-100 index plunged by 632.88 points (1.54 per cent) and closed below the 41,000 yet again, at 40,571.48. The trade remained …