Market

Market Watch: KSE-100 advances on hopes of policy rate cut Bulls continued to dominate the stock market as the KSE-100 index rallied and gained over 200 points on Friday. The bourse managed to cross the 34,000-point mark. The increase was …

Interest rate cut, opening of businesses likely to give impetus The benchmark index of Pakistan Stock Exchange (PSX) closed the week ended 15th May 2020 at 34,008 points, up 2.23%WoW as investors focused on the reopening of parts of the …

Covid-19 preventive measures made positive economic impact as KSE-100 climbs Summary Government started taking medical and economic measures since Covid-19 outbreak in Pakistan in March2020. Covid-19 seems to be blessing in disguise for the economy of Pakistan as it opened …

Profit-taking spoilsport; monetary, lockdown ease and budget news may favour market After posting a spectacular performance in the previous week (up 3.98%WoW), the market lost some of its momentum on profit-taking. The benchmark closed the week ended on 8th May …

Stocks remain upbeat after positive steps taken to keep economy progress under covid-19 fear Summary Government is faced with the task of controlling spread of coronavirus in the country while at the same time continue with the positive activity to …

Index keeps surging on improved economic factors During the week ended 17th April 2020, the benchmark index of Pakistan Stock Exchange (KSE-100 Index) exhibited initial signs of consolidation, managing to close the week at 32,831 points, up 2.5% WoW. This …

S&P 500’s biggest one-day gain since 2008 The S&P 500 on Friday notched up one of its biggest one-day gains on record, capping off a volatile week for stocks that had seen elevated fears around the spread of the coronavirus …

Biggest weekly decline since 2008-09 after policy rate cut, KSE-100 index down 15% wow Summary Economists, industrialist and traders have termed the 75 basis points reduction in policy rate by SBP this week as ‘nominal’ and a ‘joke’ and not …

Massive selloff witnessed, uncertainty on Covid-19 fear to persist The week ended on 20th March 2020 started on a massive selloff and increased concerns over growing cases of coronavirus around the world. Commodities also witnessed a slide on the back of …

S&P 500’s biggest one-day gain since 2008 The S&P 500 on Friday notched up one of its biggest one-day gains on record, capping off a volatile week for stocks that had seen elevated fears around the spread of the coronavirus …

Three market halts during the week as coronavirus triggers panic selling costs kse-100 5.6pc Summary Market halt procedure has been introduced by the Securities and Exchange Commission of Pakistan (SECP) in Pakistan Stock Exchange (PSX) regulations in December 2019. The …

Market remains under coronavirus fear, posts 5.7pc decline During the week ended 13th March 2020 Pakistan Stock Exchange (PSX) remained under pressure mainly due to coronavirus pandemic and plunging crude oil prices. Pak rupee also witnessed erosion in value. The …