Market

KSE-100 powers past 40,000-mark in bullish trade Bulls held ground at the stock market on Thursday and helped extend gains from the preceding session on back of surge in global financial markets. An uptick in global equities enticed market participants …

Cherry-picking likely for short span as new covid fear, anti govt rallies may Killjoy With higher than expected inflation and heightened political tension, after announcement by opposition parties’ alliance to hold rallies across the country, trading started the week on …

Benchmark KSE-100 index falls 105.14 points to settle at 41,701.23 In line with the performance during the week, the stock market once again slipped into the red zone in range-bound trading on Friday and lost about 100 points. The benchmark …

Market likely to snap out of rollover week as selling pressure eases Happenings over the political front together with rollover and rising COVID-19 cases kept the week ending on 25th September 20202 under pressure. The benchmark Index of Pakistan Stock …

Renewed selling pressure predicted for Taiwan stock market The Taiwan stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 150 points or 1.1 percent. …

Banks, cements keep index moving up; coming week may be volatile Treading on gains posted in the earlier weeks, the benchmark index of Pakistan Stock Exchange (PSX) inched up 1.21%WoW to close at 42,531 pointed for the week ended on …

KSE-100 inches upward in volatile session Investor sentiment turned slightly bullish at the stock exchange on Monday, fuelled by hopes for a lower inflation reading for August 2020, which aided the market to close up by 55 points in a …

Companies policy matters and reports in focus The takeaways from Hub Power Company (HUBC) briefing narrate some interesting stories. A MoU execution committee has been formed by the government in which three members from IPPs will represent the sector. As …

US indexes recover as S&P lingering below record highs The S&P 500 was near flat, hovering below record highs, on Friday as data showed the US economy was still hurting from the COVID-19 pandemic, adding to uncertainty over the recovery. …

Positive news flow guides bulls keep rule for 8th consecutive weeks Continuing on its stellar bull run into eight consecutive weeks, Pakistan Stock Exchange (PSX) closed the week ended on 13th August 2020 at 40,291 points, up 0.65%WoW. Average daily …

Nikkei 225 outlooks Japan’s Nikkei 225 stock market benchmark may fall when resuming trade next Monday after a long weekend. This is mainly attributed to US headwinds as the initial weekly jobless claims count climbed for the first time since …

Bullish trend persists, market braces for consolidation The week ended on 24th July 2020 was the 5th consecutive week, where the benchmark index of Pakistan Stock Exchange (PSX) closed in green. The market maintained its bullish momentum in the first …