KARACHI: The stocks gained 169 points on Friday owing to injection of liquidity by the State Bank of Pakistan (SBP) via Open Market Operation (OMO) for 63 days at 9.9 per cent, a signal of stability The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 43,901 points as against previous day’s closing of […]
KARACHI: Stocks fell by 519 points on Monday owing to concerns related to monetary policy tightening in the announcement scheduled on December 14, 2021. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 42,877 points as against last Friday’s closing of 43,396 points showing a decrease of 519 points. Analysts at Arif Habib […]
ISLAMABAD: The stock market likely to stay range bound during the next week owing to scheduled announcement of the monetary policy statement Analysts at Arif Habib Limited said that market to remain range bound in the upcoming week. The monetary policy is scheduled on December 14, 2021, where the analysts project a hike of 100 […]
KARACHI: The stock market is likely to stay range-bound during the next week owing to the upcoming monetary policy decision and large trade deficit. Analysts at Arif Habib Limited said that with the Saudi Funds expected to arrive anytime soon, the market can rebound and the Pak Rupee slide will be contained. Keeping in view […]
KARACHI: Stocks ended flat and on Friday as bears rule over the bulls during the day due to alarming current account deficit. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 43,233 points as against the previous day’s close of 43,234 points. Analysts at Arif Habib Limited said that the bears ruled […]
KARACHI: The share market witnessed an increase of 297 points on Wednesday due to trading activity seen in the banking sector following an unexpected rise in inflation. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 45,369 points as against the previous day’s closing of 45,072 points. Analysts at Arif Habib Limited […]
KARACHI: Shares at Pakistan Stock Exchange (PSX) witnessed a decline of 258 points on Tuesday amid hefty volumes. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 45,072 points as against the previous day’s closing of 45,330 points. Analysts at Arif Habib Limited said that on the MSCI rebalancing day, the KSE-100 […]
KARACHI: The stocks climbed up by 1,216 points on Monday following cabinet approval for Saudi Arabia’s $3 billion support package. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 45,330 points as against last Friday’s closing of 44,114 points, showing an increase of 1,216 points or 2.8 per cent. Analysts at Arif […]
KARACHI: Bulls return to the stock market which gained 178 points on Friday ending a 4-day losing streak. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 44,114 points against 43,936 points showing an increase of 178.4 points. Analysts at Arif Habib Limited said that the battle between bulls and bears was […]
KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) fell by 585 points on Wednesday as investors feared on mini-budget reports. The index closed at 44,364 points from the previous day’s closing of 44,948 points. Analysts at Arif Habib Limited said that bears continued to dominate over the bulls for the straight three […]