Tag: Points
PPP to protest outside PA if PML-N ignores 19 points
LAHORE - PPP Punjab Senior Minister Raja Riaz Ahmad said on Sunday that Pakistan People's Party provincial ministers would stage a sit-in outside the Punjab Assembly on Tuesday if the Pakistan Muslim League-Nawaz chief Nawaz Sharif did not respond to the 19-point agenda presented by the party.
Talking to the reporters, he said the Pakistan People's Party had been trying to point out various issues to Punjab Chief Minister Shahbaz Sharif for the last three years, but not a single
Talking to the reporters, he said the Pakistan People's Party had been trying to point out various issues to Punjab Chief Minister Shahbaz Sharif for the last three years, but not a single
KSE shifts gear, gains 116 points
KARACHI - The KSE-100 index, after five consecutive bearish sessions, finally shifted gears as it gained 116 points to close at 12,359 points. The anticipated reversal was led by bellwether oil marketing scrips as dread over pricing mechanism faded, in addition to a healthy earnings expectation for the period ending on December 2010.
The KSE-30 index accumulated 189.28 points to close at 12,041.16 points, while the All Share index gained 82.49 points to close at 8,582.83 levels.
The KSE-30 index accumulated 189.28 points to close at 12,041.16 points, while the All Share index gained 82.49 points to close at 8,582.83 levels.
LSE sheds 100.52 points
LAHORE - The Lahore Stock Exchange (LSE) remained bearish on Thursday, while the volume underwent slender improvement. The LSE 25-shares dwindled 100.52 points to close at 3,835.60 against its opening at 3,936.12 levels. Out of 122 active scrips, nine went up, 54 went down and 59 remained stagnant. Volume of the market remained 8.14 million shares, which was 0.67 million shares more than Wednesday's turnover of 7.47 million shares. Lotte Pakistan PTA, with a turnover of 3.17 million
KSE sustains impetus, accumulates 148 points
KARACHI - The local bourse sustained momentum amid good foreign inflow. Investors flocked towards stocks offering high dividend yields, as the corporate result season is underway. The KSE 100 index closed at 12681.94 points marked by a gain of 148.40 points.
Volume of the equity market, standing at 317 million shares, was seen after almost an eight month gap. Stock market seemed to be in an unstoppable mood as the index continued to travel northward despite mixed news. The
Volume of the equity market, standing at 317 million shares, was seen after almost an eight month gap. Stock market seemed to be in an unstoppable mood as the index continued to travel northward despite mixed news. The
KSE-100 index sustains surge, accumulates 91.42 points
KARACHI - The local bourse underwent bullish activity on Friday as investors' were confident that the interest rate would stay unaltered and were optimistic of an early introduction of the most-awaited leverage product.
On last trading day of the week, the KSE-100 benchmark maintained the 30-month high, gaining 91.42 points to stand at 12,329.65 points against 12,238.23 points. "Leverage mania lifts the benchmark backed by substantial turnover, for new highs," viewed Hasnain
On last trading day of the week, the KSE-100 benchmark maintained the 30-month high, gaining 91.42 points to stand at 12,329.65 points against 12,238.23 points. "Leverage mania lifts the benchmark backed by substantial turnover, for new highs," viewed Hasnain
KSE-100 index hits 30-month high of 12,389.04 points
KARACHI - Friday saw the Karachi Stocks Exchange (KSE) hitting the 30-month high of 12,389.04 points due to what analysts believe an ease in political uncertainty after the incumbent government responded positively to the popular demand for withdrawing the recent oil price hike.
On the last day of the week, the KSE-100 benchmark witnessed an upsurge of 72.95 points or 0.61 percent as compared to Thursdays' 12,323.47 points with the intra-day high and low standing, respectively at
On the last day of the week, the KSE-100 benchmark witnessed an upsurge of 72.95 points or 0.61 percent as compared to Thursdays' 12,323.47 points with the intra-day high and low standing, respectively at
LSE inches up 17 points
LAHORE - The Lahore Stock Exchange (LSE) exhibited a slender gain despite stagnant volume. The LSE 25-index added 17 points to close at 3,763.99 against its opening at 3,746.99 levels. Out of 122 active scrips, 48 went up, 18 went down and 56 closed without any change in their opening values. The volume of the market remained 6.69 million shares, which was 0.55 million shares more than Wednesday's turnover of 6.14 million shares.
Silk Bank remained the volume leader with 1.24
Silk Bank remained the volume leader with 1.24
KSE maintains itself at 12,000 points
KARACHI - The Karachi Stock Exchange (KSE) sustained the 12,000 points level on Friday after losing nine points. The KSE benchmark index fell to 11,979 points, but buying in certain shares pushed the index to above 12,000 points. At closing, the index settled at 12,022 points on Friday, the last trading day of the calendar year 2010.
The volume of trading amounted to 109 million shares, valuing Rs 5.79 billion. Activity at the local bourse remained range bound at around 12,000
The volume of trading amounted to 109 million shares, valuing Rs 5.79 billion. Activity at the local bourse remained range bound at around 12,000
KSE forges past 12,000 points
KARACHI - Investors were energised by rumors of a discovery at Tulang well, which would mainly benefit POL and PPL, pushing the benchmark index beyond the 12,000 level as intense buying activity, volumes however failed to match the pace.
The KSE-100 crossed the 12,000 level, last witnessed on July 3, 2008, to close at 12031.46 with the gain of 145.44 points. Total volumes stood at 114,708,415 along with the total value 6,909,202,192.
Induction of the new board of directors
The KSE-100 crossed the 12,000 level, last witnessed on July 3, 2008, to close at 12031.46 with the gain of 145.44 points. Total volumes stood at 114,708,415 along with the total value 6,909,202,192.
Induction of the new board of directors
KSE tumbles by 62 points
KARACHI - The KSE 100 index tumbled by 62 points as profit taking by local institutional investors rose ahead of the year end close, while political uncertainty also played out, with a major coalition partner of the government in Sindh deciding to part ways with the federal cabinet and choosing to sit on the treasury benches.
The KSE 100 index closed at 11848.05 with the loss of 61.68 points, while total volume standing at 73,567,358 along with total value at 4,661,166,772.
The KSE 100 index closed at 11848.05 with the loss of 61.68 points, while total volume standing at 73,567,358 along with total value at 4,661,166,772.
Buoyant KSE likely to cross 12,000 points
KARACHI - The prevalent bullish trend at the KSE helped the index cross the 11,900 points barrier as it peaked at 11,927 points on the first day of the week. The index fluctuated around this point throughout the week, moving in both directions.
Christmas holidays muted the foreign inflow of funds to merely $5.64 million during the outgoing week and participation of foreign investors is unlikely in the last week of the year. Local punters and fund managers would lead the market's
Christmas holidays muted the foreign inflow of funds to merely $5.64 million during the outgoing week and participation of foreign investors is unlikely in the last week of the year. Local punters and fund managers would lead the market's
Ferguson wants United to maintain points lead
LONDON - Manchester United hope to strike a major Boxing Day blow as the Premier League title race enters its most hectic period of the season on Sunday. United head into the latest round of fixtures at the top of the table with Sir Alex Ferguson's men, who have a game in hand, two points clear of Arsenal and Manchester City, with champions Chelsea a further point adrift in fourth place.
United have yet to lose in the league this season, having won nine and drawn seven of their
United have yet to lose in the league this season, having won nine and drawn seven of their
Kse leaps forward, up 76 points
KARACHI: The local bourse maintained its positive momentum, with the benchmark KSE 100 index propelling by 76 points to the 11,673 level.
Volumes stood at 142m, against an average of 173m seen during December, due to upcoming religious holidays. OGDC, the index heavyweight scrip, was on the move contributing 11 points to the index's ascent.
Banking giants, MCB and HBL were also vibrant, adding 19 points to the index. NBP breached its traditional barrier of Rs 70/share and
Volumes stood at 142m, against an average of 173m seen during December, due to upcoming religious holidays. OGDC, the index heavyweight scrip, was on the move contributing 11 points to the index's ascent.
Banking giants, MCB and HBL were also vibrant, adding 19 points to the index. NBP breached its traditional barrier of Rs 70/share and
Karachi stock jacks up 199 points
KARACHI: The energetic bull fueled the index and crashed all hurdles, gaining 199 points. The benchmark index traded at the highest level of the year and provided much required boost and excitement to investors.
The KSE-100 index stood at 11629.93 following an accumulation of 198.92 points, while the total volume and total value stood at 135,368,265 and 7,765,141,348 respectively.
Exploration & Production and banks were in the limelight, driven largely by support from
The KSE-100 index stood at 11629.93 following an accumulation of 198.92 points, while the total volume and total value stood at 135,368,265 and 7,765,141,348 respectively.
Exploration & Production and banks were in the limelight, driven largely by support from
KSE poised to touch 12,000 points
KARACHI: The benchmark index of the Karachi Stock Exchange (KSE) is poised to hit the 12,000 points mark in coming weeks due of the sustained inflow of foreign investment, expectation of strong results to be posted by banks, fertiliser companies and the launching of the GDRs of large public entities.
Foreign investors have injected around $21 million in the Karachi Stock Exchange in last three days that was one of the few important indicators of further growth in the stock
Foreign investors have injected around $21 million in the Karachi Stock Exchange in last three days that was one of the few important indicators of further growth in the stock
GST dampens morale as KSE-100 index dips 37 points
KARACHI: The Karachi Stock Exchange (KSE) underwent profit-taking on Thursday with the benchmark KSE-100 Index closing 37 points down at the 10,905 level. Imposition of the 10 percent flood surcharge tax by the government and 15.33 percent CPI for October dampened the morale of the investors.
Volumes remained sluggish and declined by 43 percent to stand at 125 million shares. The second-tier stocks remained in the limelight as TRG closed the day as the volume leader with 17
Volumes remained sluggish and declined by 43 percent to stand at 125 million shares. The second-tier stocks remained in the limelight as TRG closed the day as the volume leader with 17
Investors pocket profits as KSE falls 64 points
KARACHI: Unable to capitalise on momentum built yesterday, the KSE-100 Index lost 64 points in Wednesday's trading session at the Karachi Stock Exchange (KSE) as many investors opted to pocket their profits on the bourse.
Though anticipated, a correction this soon after positive results, hints at the shaky foundations of investor confidence. Rumours of a spat between the SECP and members of the KSE also have equity investors worried. Despite the downturn in the index, the overall
Though anticipated, a correction this soon after positive results, hints at the shaky foundations of investor confidence. Rumours of a spat between the SECP and members of the KSE also have equity investors worried. Despite the downturn in the index, the overall
