Tag: Stock

Karachi Stock Exchange still struggling

The market opened on a slightly positive note this morning however, the index failed to sustain this positive sentiment due to lack of triggers,...

Karachi Stock Exchange on its way to recovery

The benchmark gained a lot of the ground it had lost in the last few days today. The KSE 100 index closed at 11,311.29...

Anxiety prevails at Karachi Stock Exchange

Fear and anxiety continue to prevail at the local bourse as KSE100 plunged by 369 points to close just above 11,000 mark. Even as...

Karachi Stock Exchange hits one year low

Incorporating domestic and international fundamentals, local benchmark continued to witness a slow trend where the index has lost around 407 points in the preceding...

Karachi Stock Exchange plummets

With the law and order situation predicted to get even worse judging by the eerie warning of a leading opposition party leader, the KSE-100...

Karachi Stock Exchange down by 167 points

Panic was witnessed today at KSE due to continuous selling by off-shore investors on rising concerns over US credit rating outlook and the political...

Mixed day at Karachi Stock Exchange

After booking gains of over 125 points yesterday, the index became a victim of short term profit booking and levels were marginally down...

Political unrest weighs down on Karachi Stock Exchange

Political unrest in Karachi continued to weigh down upon the local bourse for a fourth consecutive trading session. Volumes were restricted to 31.6 million...

Stock trading in depressed volumes

With stock brokers en bloc having issues with the government on the way trade and the bourses have been taxed, volumes in the market...

Slightly better volumes at Karachi Stock Exchange

Market gained 16 points with slightly better volumes of 72 million shares led by Pakistan Oilfields Limited which jumped 2.7 percent in full year...

Stock market witnesses low volume bounce-back

The day witnessed a large sell-off after a period of prolonged stagnation. The melt down, which was initiated by high priced stocks forced the...

Karachi Stock Exchange struggles with bearish trends

Low volume strength on opening faced renewed sell-off led by front line stocks, while prolonged stagnation and declining turnover soon spilled the trend towards...

TCP to stock up on sugar

Trade Corporation of Pakistan (TCP) has decided to buy buffer stocks of sugar at the wrong time, sources told Pakistan Today on Monday. They...

KESC gets Rs 129b in subsidies, loses 600% in stock prices

The Karachi Electric Supply Company’s (KESC) is the only private company availing subsidies from the government, managing to get Rs 129 billion from 2008...

Engro’s stock price depreciating

Issues like gas curtailment and magnifying debt servicing are taking their toll on the stock price of Engro Corporation Limited (ENGRO). Because of this...

Public debt stock at Rs 9.6tr as budget looms

As the Pakistan People’s Party (PPP)-led government is set to announce its fourth budget on Friday, Pakistan’s stock of public debt stands at Rs...

London Stock Exchange on takeover radar

The London Stock Exchange has become a credible takeover target as it faces a battle to merge with its Toronto counterpart and after NYSE...