Market

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 …

Rally may stall for Taiwan stock market The Taiwan stock market has finished higher in back-to-back trading days, collecting nearly 100 points or 0.8 percent along the way. The Taiwan Stock Exchange now sits just above the 12,190-point plateau although …

PSE registers 39%wow increase in average daily trading volume Supported by significant retail participation, indications of stability in the resumption of commercial activity post COVID-19, and better than expected consumer spending outlook, the KSE-100 index closed 3.3%WoW higher, continuing its …

KSE-100 sheds 325 points on lower growth forecast The bear-run continued at the Pakistan Stock Exchange on Thursday and the KSE-100 index extended losses by 325 points as the downgrade of Pakistan’s growth projection by the International Monetary Fund (IMF) …

Market likely to remain range-bound in short term During this past week ended on 26th June 2020, Pakistan Stock Exchange (PSX) remained under pressure due to a disappointing budget, providing incentives only to a few sectors against investor expectations of …

KSE-100 loses over 500 points in pre-budget session Pakistan Stock Exchange received a battering on Friday ahead of the presentation of federal budget for FY21. The benchmark KSE-100 index snapped its five-day winning streak as the market faced panic selling …

Stocks remain down as investors waiting for budget 2020-21 outcome While the Federal Minister Hamad Azhar termed it a ‘relief budget’, investors classified it “a status-quo” and “disappointing”. It surprises many that the principal demand of elimination of capital gains …

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 …