Market

KSE-100 ends pre-budget session with clipped gains The pre-budget session at the Pakistan Stock Exchange (PSX) on Friday ended with clipped gains as investors were wary of pouring investment before assessing details of FY22 budget. Concerns over the budget announcement …

PSX ends volatile week nearly flat Summary The benchmark index of the KSE 100 closed volatile week nearly flat at 48,304 level gaining just 93 points over the last week’s close. Investors confidence started building up from last week end …

Budget related news keep investors at bay After an exuberant week, Pakistan Stock Exchange (PSX) started the week with same enthusiasm. However, the benchmark index failed to sustain that level as investors started booking their gains in later sessions. The …

Metals, financials drag indices; Sensex falls 338 pts, Nifty holds 14,900 Benchmark indices turned sharply lower during the fag-end of the session, after staying flat for better part of the day, as US stock futures indicated a weak session on …

Increased investors participation led KSE-100 gains 1.6pc wow Summary Due to long Eidul Fitr holidays there was no trading in Pakistan Stock Exchange (PSX) from May 7 till May 16. It was a high participation with investors’ confidence in the …

Index moves strongly; upcoming mps, budget in the limelight Carrying the momentum from last week, the market started the week ended on 28th May 2021 on an exuberant note on the back of strong economic growth data and the news …

Win streak may continue for China stock market The China stock market has finished higher in three straight sessions, collecting almost 35 points or 1 percent along the way. The Shanghai Composite Index now rests just beneath the 3,475-point plateau …

Market under bearish spell on covid concern as KSE-100 index lost 9.9% wow Summary The week under review remained focused on Covid-19 developments, which daily appeared as heading of the newspapers. Monday: ‘Provinces seek Army’s assistance to enforce Covid SOPs’. …

Profit-taking witnessed; political, covid fear persist After starting the week on a jubilant note on the back of strong economic data, market lost 1,420 points during last four sessions as political uncertainty mounted with a spat among ruling party’s members. …

Taiwan stock market tipped to reverse Wednesday’s losses The Taiwan stock market on Wednesday ended the five-day winning streak in which it had advanced more than 490 points or 2.9 percent. The Taiwan Stock Exchange now sits just above the …

Stocks falter on fear of lockdown, index loses 1.3 wow Summary Turmoil developed over the weekend on the law and order front between the Tehreek-e-Labbaik Pakistan (TLP) and the law enforcement agencies (LEAS). On Monday heavy selling pressure brought down …

Lockdown fear, declining bond yields may weaken sentiments Bond yields in the secondary market of Pakistan came down by 5-12 bps, while compared to 11th March 2021 have come down by 12-65 bps. Analysts believe the decline in yields is …