Tag: Kse

KSE sustained by new investments

KARACHI: The main board stocks of major commercial sectors received fresh funds inflow, mainly through government treasuries, resident participants and local financial groups; resultantly KSE 100 index gained 97 points.
However, various economic, financial and political problems prevalent kept the most prudent speculators reluctant to commit. Short term trading opportunities were capitalized by the more venturesome of investors.
The KSE 100 Index opened in red zone with a

Heads roll at the KSE

KARACHI: Recent times have seen the KSE primarily focused on managerial reshuffling, as members hit by losses are demanding watershed changes.
According to market sources, an unprecedented hustle against the appointment of a non-member chairman is dominating the affairs and minds at the Karachi bourse.
Sources told Pakistan Today that some 200 card holders at KSE were agitated with the old tradition of what they consider appointing an outsider like Zubair Soomro as the

KSE sluggish: Awaits NRO hearing

KARACHI: The Karachi Stock Exchange (KSE) index depreciated on Tuesday as investors nervously wait for a hearing by the Supreme Court on a government appeal against the overturning of the amnesty law.
The law allowed some formerly active politicians to return but was rescinded in December 2009 by the Supreme Court. The hearing is due on Wednesday.
"The market remained subdued prior to the NRO (National Reconciliation Order) hearing tomorrow and investors are waiting for

KSE crawls up 62 points

KARACHI: The Karachi Stock Exchange (KSE) exhibited a mixed performance on Monday and was pushed despite the extremely low turnover and gained 62 points at the closing.
The pressing lack of any new information on the status of margin trading system (MTS), gloomy financial prognosis, the dire lack of security, and the continuing row between the judiciary and the government all played a role in depressing the market. According to an unofficial update, the proposed MTS system