Tag: Kse

KARACHI - The current week can be considered as the best week of the year with an outstanding gain of over 776 points with reasonably better volume when compared with YTD average volumes. The bullish rally was completely driven by local investors while foreign participation can be termed as negligible. During the week market witnessed an inflow of $292 million thanks to Friday's inflow of $4.67 million, which turned the inflow towards the positive territory.
The much awaited MTS

KARACHI - The Karachi Stock Exchange (KSE), on Friday, exhibited bullish activity on investors' positive expectations from the leverage product, Margin Trading System (MTS), to be made operational by the federal finance minister today. The KSE-100 index accumulated 238.03 points or 2.02 percent and closed at 12,000.03 points against 11,762.00 points a day earlier. "Bullish activity witnessed in scrips across the board ahead of launch of MTS on Saturday by the Finance Minister," said

KARACHI - Karachi Stock Exchange (KSE) is set to launch much-awaited margin trading system (MTS) from March 7, 2011, that would bolster the trading volume and sentiment of the market, sources told Pakistan Today on Thursday. From Thursday the KSE has started the mock trading of the shares to be traded under the Margin Trading System with the aim to streamline the system ahead of its launching. Sources said that Finance Minister Hafeez Sheikh is scheduled to visit Karachi Stock

KARACHI - The KSE-100 index sustained momentum, adding 63 points to close at 11,762 points. LOTPTA's announcement of injecting $400 million, for setting up another PTA plant, was the major turnaround for the day, which was leading the stock cross Rs 16 with heavy volumes of 46 million. Other major movers included NBP, NCL and NML - all gaining over three percent during the day. Though sentiments have improved, uncertainty prevailed amid political instability especially after petrol

KARACHI - After an initial set back, the local equity market exhibited renewed consolidation in initial hours; however it failed to set a direction. Cautious accumulation, however, turned into a bold bullish spell wherein oil and gas exploration stocks led the show duly followed by various stocks from the main board having speculative tendency - thus allowing the benchmark yet another triple digit gain. The KSE-100 index closed at 11699.16 levels following a gain of 90.73 points,

KARACHI - Market rallied to the north following a dismal performance in the last week as foreign investor's gained interest in the local bourse. Recovery, contributed by both local and foreign interest, jacked up the index by 2.8 percent. The government, left with no option, decided to raise petroleum product price after a surge in international crude oil prices.
The KSE-100 index closed at 11608.43 points marked by a gain of 319.20 points, while total volume and total value

KARACHI - Karachi Stock Exchange bucked a hitherto robust trend in February-2011 where 1Q has historically been a strong period for the KSE, but 8.7 percent MoM decline for KSE-100 is the worst February showing in last 20 years and is only the 6th negative MoM February reading since 1992. While domestic and international politics remained noisy, ongoing MENA tensions triggered rally in commodities, raising concerns on follow through impact on Pakistan macros.
More importantly,

KARACHI - The rumors are hovering over volatile Karachi Stock Exchange (KSE) that the government is all set to make the long-awaited Margin Trading System (MTS) operational by the next week at the country's largest bourse. "The Margin Trading System to be operational from March 7," sources disclosed and said that the Federal Finance Minister Dr Abdul Hafeez Sheikh would be formally launching the leveraged product on coming Monday during his maiden visit to Karachi bourse.