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Showing results for tags 'psx'.
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PSX once again in the red as benchmark KSE 100 index sheds points
ADMIN posted a blog entry in Geo News Blog
Stocks of 381 companies traded on Thursday, of which 183 gained in value, 178 declined and 20 remained unchanged -
PSX sees selling pressure as KSE 100 Index loses 998 points on opening day of week
ADMIN posted a blog entry in Geo News Blog
Stocks of 374 companies were traded on Monday, of which only 34 gained in value while 326 posted a decline -
348,589,710 shares had changed hands by the end of the session, with a total worth of nearly Rs12.441 billion
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A total of 371,732,175 shares worth Rs12.504 billion exchanged hands
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Car used in PSX attack had four different owners, documents show
ADMIN posted a blog entry in Geo News Blog
One of the attackers responsible for the June 29 PSX attack had the car transferred in his ownership on June 25, 2020 -
Only those cars with tokens will be allowed inside the Sindh secretariat premises
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PM Imran and COAS condemn PSX attack, pay tribute to martyrs
ADMIN posted a blog entry in Geo News Blog
I have extended my heartfelt condolences to the families of the martyrs: PM Imran -
A total of 172,769,586 shares worth Rs6.751 billion exchanged hands today
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A total of 233,329,238 shares worth Rs8.711 billion exchanged hands
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Karachi: Pakistan Stock Exchange (PSX) Wednesday noted bearish trend as KSE 100 index closed at 33,761.41 points as compared to 33,797.51 points on the last working day with the negative change of 36.10 points (0.11 %).A total of 129,961,604 shares...
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PSX records 434 points gain fueled by new finance minister?s appointment
ADMIN posted a blog entry in Geo News Blog
KARACHI: The Pakistan Stock Exchange exhibited bullish trend on Tuesday with the benchmark KSE-100 index gaining 434 points to close at 43,703.As per financial analyst Mohammad Sohail, the gains in the market were fueled by the appointment of... -
Photo: PSXThe ongoing political uncertainty in the country took its toll on the Pakistan Stock Exchange (PSX) on Monday, with the KSE-100 index falling more than 900 points. The benchmark KSE-100 index has lost over 900 points to reach the level...
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Photo: PSXThe ongoing political uncertainty in the country took its toll on the Pakistan Stock Exchange (PSX) on Monday, with the KSE-100 index falling more than 900 points. The benchmark KSE-100 index has lost over 900 points to reach the level...
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KARACHI: A bullish trend at the Pakistan Stock Exchange was witnessed as the KSE-100 index closed around the 40,800 points mark on Thursday after witnessing a positive change of 0.37 per cent. The index gained 150 points during the day's trading session with investors trading shares valuing more than Rs4.16 billion. The market closed at 40,813 points, reaching a high of 40,886 points during the day's trading. A normal trading session was witnessed with KSE-100 volume trading 51.5 million shares today. Textile composite stocks led the volumes with 18.5m shares being traded followed by technology and communication companies with 11m shares traded.
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KARACHI: A bearish trend at the Pakistan Stock Exchange was witnessed as the KSE-100 index closed around the 41,100 points mark on Friday after witnessing a negative change of 0.73 per cent. The index lost 304 points during the day's trading session with investors trading shares valuing more than Rs6.83 billion. The market closed at 41,105 points, reaching a high of 41,420 points during the day's trading. A normal trading session was witnessed with KSE-100 volume trading 79.4 million shares today. Commercial bank stocks led the volumes with 17.1m shares being traded followed by oil and gas marketing companies with 13.5m shares traded.
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KARACHI: A bearish trend at the Pakistan Stock Exchange was witnessed as the KSE-100 index closed below 41,000 points on Tuesday after witnessing a negative change of 1.19 per cent. The index lost 489 points during the day's trading session with investors trading shares valuing more than Rs5.47 billion. The market closed at 40,610 points, reaching a high of 41,112 points during the day's trading. A constricted trading session was witnessed with KSE-100 volume trading 121.7 million shares today. Power generation and distribution stocks led the volumes with 78.4m shares being traded followed by commercial banks with 14.6m shares traded.
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PSX closes week on positive note, gains more than 800 points
ADMIN posted a blog entry in Geo News Blog
KARACHI: A bullish trend at the Pakistan Stock Exchange was witnessed as the KSE-100 index closed above 41,100 points on Friday after witnessing a positive change of 2.09 per cent. The index gained 844 points during the day's trading session with investors trading shares valuing more than Rs7.38 billion. The market closed at 41,312 points, reaching a high of 41,343 points during the day's trading. A normal trading session was witnessed with KSE-100 volume trading 81.7 million shares today. Cement stocks led the volumes with 31.2m shares being traded followed by technology and communication with 16.8m shares traded. -
Amid political uncertainty, PSX drops below 40,000 points
ADMIN posted a blog entry in Geo News Blog
KARACHI: The Pakistan Stock Exchange continues its steep decline after a fall of over 1,200 points around 1pm on Wednesday, taking the KSE-100 index to below 40,000 points. On Tuesday, a similar bearish trend was witnessed as the KSE-100 index closed below 41,500 after witnessing a negative change of 2.15 per cent. The index lost 903 points during the day's trading session with investors trading shares valuing more than Rs5.74 billion. The market closed at 41,115 points, reaching a high of 42,043 points during the day's trading. Speaking to Geo News on Wednesday, economist Mohammad Sohail said investors are wary of the political uncertainty in the country. He said the secret nature of Tuesday's 'special' corps commanders conference, as well as fears of an institutional clash, are the main reasons for the recent decline in the market. -
Bearish trend continues as PSX closes below 41,500 points
ADMIN posted a blog entry in Geo News Blog
KARACHI: A bearish trend at the Pakistan Stock Exchange was witnessed as the KSE-100 index closed below 41,500 points on Tuesday after witnessing a negative change of 2.15 per cent. The index lost 903 points during the day's trading session with investors trading shares valuing more than Rs5.74 billion. The market closed at 41,115 points, reaching a high of 42,043 points during the day's trading. A constricted trading session was witnessed with KSE-100 volume trading 62.8 million shares today. Cement stocks led the volumes with 21.4m shares being traded followed by technology and communication with 14.6m shares traded. -
Midday report: PSX adds 1,000 points to cross to 42,300-level
ADMIN posted a blog entry in Geo News Blog
KARACHI: The Pakistan Stock Exchange witnessed a bullish trend on Wednesday and added more than 1,000 points to cross to the 42,300-level. During trade hours, the KSE 100-index added over 1,500 points as investors rushed to buy stocks. Over 152,005,200 shares worth 8,674,889,439 have been transacted up till now in the day. According to market analyst Mohammad Sohail, a bullish trend was seen in the market after the government announced to provide immediate packages to increase exports. -
The KSE 100-index, around 3pm Tuesday, had dropped over 750 points, settling at 41,222.17 points. The benchmark index of the Pakistan Stock Exchange continued its downward slide on Tuesday, going up and down but staying well in the negative. On Monday, the bearish trend continued as the KSE-100 index closed below the psychological barrier of 42,000 points after witnessing a negative change of 1.57 per cent. The index lost 667 points during the day's trading session with investors trading shares valuing more than Rs4.56 billion. The market closed at 41,974 points, reaching a high of 42,641 points during the day's trading. A constricted trading session was witnessed with KSE-100 volume trading 53.4 million shares today. Textile stocks led the volumes with 15.9m shares being traded followed by technology and communication with 14.3m shares traded.
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Bearish trend continues as PSX closes below 42,000 points
ADMIN posted a blog entry in Geo News Blog
KARACHI: The bearish trend at Pakistan Stock Exchange continued as the KSE-100 index closed below the psychological barrier of 42,000 points on Monday after witnessing a negative change of 1.57 per cent. The index lost 667 points during the day's trading session with investors trading shares valuing more than Rs4.56 billion. The market closed at 41,974 points, reaching a high of 42,641 points during the day's trading. A constricted trading session was witnessed with KSE-100 volume trading 53.4 million shares today. Textile stocks led the volumes with 15.9m shares being traded followed by technology and communication with 14.3m shares traded. -
KARACHI: The benchmark KSE 100-index of the Pakistan Stock Exchange lost over 1,000 points in early trade Friday, as political uncertainty triggered a bearish trend ahead of the much-anticipated Panama case verdict due today. The index dipped by 1,132 points to hit 44,777 points as of 9:40 am, as the market witnessed a knee-jerk reaction before the Supreme Court of Pakistan announces a judgement that could topple Prime Minister Nawaz Sharif who is embroiled in a long-running corruption case that has gripped the country. The index had closed at 45,905 points on Thursday. All eyes are on the Supreme Court as the five-member Panama case bench will announce its verdict at 11:30 am today. PM in or out? Panama Papers case verdict to be announced today The verdict is expected to be announced by the five-member bench which will commence proceedings at 11:30am The court had, in April, declared there was "insufficient evidence" to oust PM Sharif over the graft allegations engulfing his family, and ordered a Joint Investigation Team (JIT) to probe the matter. The team of civilian and military investigators comprising the JIT found there was a "significant disparity" between the Sharif family´s income and lifestyle in its report submitted to the court earlier this month. The Sharifs and their allies have consistently rejected the claims, with the ruling PML-N party this month dismissing the investigation team´s report as "trash".
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The Pakistan Stock Exchange. Photo: File KARACHI: The Pakistan Stock Exchange (PSX) took a bearish turn when the KSE-100 index fell 650 pips to hit 43,150 late afternoon, on Thursday. Traders showed mixed trading sentiments, with the index crossing the 44,100-points? level after it increased by 250 pips at the beginning of trade. The PSX witnessed a turbulent day on Wednesday when it bounced back late in the day after falling over 1,000 points earlier in the day. The KSE 100-index settled at 43,980 points around 2pm. Analysts blamed the uncertainty surrounding the prime minister?s future in light of the Panama case Joint Investigation Team (JIT) report submitted to the Supreme Court on Monday for the recent declines. Nearly all leading opposition parties have called on Prime Minister Nawaz Sharif to resign from his post. Even though senior government officials, in a press conference on Tuesday night, asserted that the premier will not be resigning and instead prove his innocence in court, the stock market continues to dip. The Supreme Court will begin hearing the case following the JIT's report submission on July 17. Stock market experts said the market is reacting to the political uncertainty prevailing in the country.
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KARACHI: After dipping around 1,700 points on Tuesday, the benchmark KSE 100-index of the Pakistan Stock Exchange fell 1,000 points by noon Wednesday. The benchmark index stood at less than 44,000 points. On Tuesday, economic analyst Mohammad Sohail explained to Geo News that the political uncertainty prevailing in the country with regards to the work of the Panama case Joint Investigation Team (JIT) probing the Sharif family?s assets has had a negative impact on the stock market. Pakistan Stock Exchange falls 1,800 points after JIT summons PM Rs 9 billion worth of 219 million shares exchanged hands during the trading session He added that the market has gone down a cumulative 15% in the past month. Earlier on June 12, the market dipped 1,800 points as news hit of the prime minister's summoning by the JIT.
