Sign in / Join
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Stocks
Stocks
Asian shares swing after Wall St fall, bargain-buyers add support
Hamid Butt
744
Hong Kong: Asian stocks fluctuated Monday with investors still on edge after last week's rout, with caution after another hammering for Wall Street offsetting bargain-buying.
Even a forecast-busting jump in US economic growth in the third…
Weekly report: Bullish trend in PSX as 100-index gains 2126 points
The Business .
869
KARACHI: After weeks bearish trends amid political and economic uncertainty, Pakistan Stock Exchange (PSX) 100-index surged by as much 2126 points in the recently concluded trade week as Saudi Arabia bailed out Islamabad with immediate $6…
PSX gains 763 points, crosses 40,000 points level
The Business .
986
KARACHI – Pakistan Stock Exchange (PSX) crossed 40,000 points level after gaining 763 points in early trade on Thursday.
The stock exchange touched around 40,040 points level. Last time, the stock market was above 40,000 level on October…
Dollar further slips by 23 paisa in interbank
The Business .
876
KARACHI – The value of US dollar declined by 23 paisa against Pakistani Rupee in the interbank market on Thursday.
Following the slip, dollar is being traded around Rs131.80. The buying price of dollar is Rs130.50 while selling price is…
PSX reacts to Saudi aid, index gains 1,556 points
The Business .
897
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) made a comeback on Wednesday. Investors’ confidence revived after Saudi Arabia agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3…
‘Govt’s economic measures reviving business confidence at stock market’
The Business .
1,003
KARACHI: Fresh economic measures taken by the new government has revived the confidence of investors at the Pakistan Stock Exchange, said PSX Chairman Suleman Mehdi during the ‘Pakistan Operational Excellence Summit 2018’ held on Tuesday at…
Stocks tumble as index plunges 630 points
The Business .
869
KARACHI: Pessimism surrounded the Pakistan Stock Exchange (PSX) on Tuesday where the indices were seen dripping lower and lower.
On the economic front, Prime Minister Imran Khan is currently visiting Saudi Arabia to attend an investment…
PSX drops 84 points amid volatility
The Business .
872
KARACHI: The Pakistan Stock Exchange (PSX) opened the first day of the week on a positive note, following the finance minister’s visit to the exchange on Saturday. However, after initial gains, the market witnessed volatility and dipped…
PSX stages comeback to end week in green
The Business .
796
KARACHI: The battle between bulls and bears at the Pakistan Stock Exchange (PSX) remained fierce on Friday, with the former eventually gaining the upper hand by the end of the day.
Indices kept following the downward trajectory in the…
Gold edges higher as stocks slide, metal heads for third weekly gain
The Business .
834
BENGALURU: Gold prices nudged higher on Friday as Asian shares fell on renewed political and economic concerns including China’s weak growth, with the metal on track for a third straight weekly gain.
China’s economy grew 6.5 percent in…
Bulls rally to end dry spell at PSX, index gains 983 points
The Business .
754
KARACHI: The Pakistan Stock Exchange (PSX) emerged green on Wednesday with investors brushing aside negative sentiments and accumulating blue chips at discount. Bulls made a comeback and ceased the opportunity as a number of blue-chip…
KSE 100 decreased 788 points or 2.10% to 36730
The Business .
841
KSE 100 decreased 788 points or 2.10% to 36730 on Monday, October 15 from 37518 in the previous trading session. Historically, the Pakistan Stock Market (KSE100) reached an all-time high of 52876.46 in May of 2017 and a record low of 538.89…
Update: KSE-100 decreased over 1200 points or 3.20 percent to 1200.95 points
The Business .
1,568
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) crashed as it came down by 3.20 per cent or 1200.95 points in intra-day trade to reach 36,311.15 points at 01:00 PM on Monday.
The index opened at 37,575.89 points and…
Equities plunge by 880 points on unabated selling
The Business .
879
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) sharply declined by 880 points on unabated selling in the market.
The index closed at 37,518 points as against 38,398 points showing a decline of 880 points.…
KSE 100 decreased 369 points or 0.95% to 38423
The Business .
946
KSE 100 decreased 369 points or 0.95% to 38423 on Thursday, October 11 from 38792 in the previous trading session.
Overnight declines in US & European markets, which was caused by higher US treasury yield, and extension of similar…
KSE 100 increased 287 points or 0.75% to 38792
The Business .
918
KSE 100 increased 287 points or 0.75% to 38792 on Wednesday, October 10 from 38505 in the previous trading session. Historically, the Pakistan Stock Market (KSE100) reached an all-time high of 52876.46 in May of 2017 and a record low of…
European stock market enjoy late rebound
The Business .
818
London: European stock markets ended a rollercoaster session higher as tensions lessened in the bond markets and tech stocks recovered, dealers said.
Although still worried about Italy's fiscal stability, investors breathed a sigh of…
KSE-100 rebounds with 606 points on likely IMF bailout package
The Business .
912
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended with a gain of 606 points on the reports of Pakistan will seek a bailout package from IMF.
The index closed at 38,505 points as against 37,898 points yesterday…
KSE-100 index plunges over 1,100 points in intra-day trading
The Business .
849
Karachi: Stocks underwent another round of battering as the KSE-100
index nose-dived over 1,100 points in intra-day trading.
Selling pressure mounted owing to concerns on the political and economic front.
“The market has maintained…
Equity market nosedives on uncertain economic situation
The Business .
842
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) nosedived on Monday and lost 1328 points on the announcement by Prime Minister Imran Khan of a major crackdown against corrupt elements besides investors confidence…
Weekly Review: Equity market succumbs to bleak economic outlook
The Business .
872
KARACHI: Pakistan equities experienced a spell of negative returns as the benchmark index slipped 1,772 points during the week. Market fell for all five trading sessions of the week and closed below 40,000 level first time in 58 trading…
PSX hits nine months low after Shehbaz’s arrest
The Business .
870
The Business Report
KARACHI: The Pakistan Stock Exchange (PSX) on the last session of the week recorded hefty decline and reached to almost nine-month low mark with red signs dominated the proceedings where index plunged by 2.1 percent…
Stock brokers urge reverting taxes to old rates
The Business .
812
KARACHI: PSX Stock Brokers Association (PSA) has urged Finance Minister Asad Umar to revert taxes on stock trading imposed in 2018 to old rates.
In an appeal to the finance minister, the PSA said that the Pakistan Stock Exchange (PSX) is…
KSE-100 index down 861 points on IMF stance, opposition leader arrest
The Business .
913
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) on Friday declined by 861 points or 2.1 percent on IMF stance of ‘do more’ and arrest of opposition leader.
The index closed at 39,226 points as against 40,087 points…
KSE-100 down by 473 points on economic concerns
The Business .
921
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended down by 473 points on Thursday due to concerns on economic front as news regarding IMF directions on raising interest rates to double digits and weaken currency by…
Pakistan Stock Exchange remains bearish on Thursday
The Business .
869
The Pakistan Stock Exchange was bearish today (Thursday).
The KSE-100 Index closed today (Thursday) at 40087.12 points as compared to 40560.19 points on the last working day with a negative change of 473.07 points.
The total turnover…
KSE-100 index down by 240 points on lackluster activity
The Business .
832
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended down by 240 points on lacklustre activity at the bourse.
The index closed at 40,560 points as against 40,800 points yesterday, showing a decline of 240 points.…
KSE-100 down by 129 points on jittery investors
The Business .
871
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) decline by 129 points owing to lack of interest from investors.
The index closed at 40,800 points against 40,929 points of the last day, showing a decline of 129…
Oil sales in Pakistan touch four-year low
The Business .
998
KARACHI: Oil sales in the first quarter of fiscal year 2018-19 slumped by 33 percent, touching four years low mark because of sharp decline in furnace oil volume due to the government’s move to use cheaper fuel like RLNG and coal.
Oil…
Equity market down 744 points in September despite no major impact of finance bill on corporate…
The Business .
909
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) has declined by 744 points or 1.8 percent in September 2018.
Analysts said that the equity market declined despite the announcement of amended finance bill with no…