Tag: Stocks
Frontline stocks under pressure as KSE loses 63 points
Declining regional and international equities, unprecedented sell-off by the offshore participants, absence of buyers on intervals amid prolonged stagnation and declining volume on improved...
Fertiliser stocks lead bull-run at KSE
The index was flourishing and moving swiftly towards the 12k level with a volume of over 100m share traded. Urea price hike of Rs200/bag...
Stock Specific Activity; Forward Looking Expectations
The weekly performance of the KSE-100 index was encouraging, up 155 points (+1.3 per cent WoW) despite growing international concerns. Uncertain global economic conditions...
An encouraging week at KSE
The benchmark swung both ways during the outgoing week as several global and local factors enhanced the market volatility. The week kicked-off on a...
Issues in investing in listed stocks
Many people, including some ulama, are of the view that buying and selling shares of the companies through a stock exchange is not acceptable...
Pak stocks end at near 9 month low
Pakistani stocks fell more than 3.2 percent and ended at an almost nine-month low, taking a cue from world markets. Dealers said healthy corporate...
Asia stocks slide as fear rattles markets
Asian stocks fell more than 2 percent and gold sat near a record above $1,660 an ounce on Wednesday, with fears increasing that Washington's...
Fertiliser and chemical stocks remain firm
Gains were led by fertiliser and chemical stocks which remained firm throughout the day. Low volume decline in Nestle kept KSE 100 in negative...
US stocks mixed as Dow ends six-week slide
US stocks were mixed over the past week, with the Dow Jones industrials posting its first weekly gain since late April amid hopes Europe...
Bourse steams onwards
The FY12 budget had mixed results for the market as most measures adopted left key sectors unscathed. The benchmark gained 141 points to close...
Major stocks battered on KSE
KARACHI - The KSE 100 index witnessed yet another day of correction with major oil, fertiliser and banking stocks taking a heavy pounding. The bourse lost 61 points with volumes of 46 million shares over IMF's concerns that a delay in structural reforms program could pose a severe threat to the country's macroeconomic situation.
The KSE-100 index closed at 11734.72 losing 61.37 points and total volume stood at 29,573,103 with the total value of 1,973,213,529. Fertiliser scrips
The KSE-100 index closed at 11734.72 losing 61.37 points and total volume stood at 29,573,103 with the total value of 1,973,213,529. Fertiliser scrips
Rupee firms to 11-month high, stocks end lower
KARACHI - The Pakistani rupee gained on Tuesday to end near an eleven-month high, amid a lack of import payments and continuous healthy dollar inflows, dealers said.
The rupee closed at 84.43/53 to the dollar, compared with Monday's close of 84.72/78, its highest close since May last year.
"There were no oil payments, therefore there was less demand for the dollar," said a dealer at a foreign bank, adding that oil payments may start from next week.
Officials and
The rupee closed at 84.43/53 to the dollar, compared with Monday's close of 84.72/78, its highest close since May last year.
"There were no oil payments, therefore there was less demand for the dollar," said a dealer at a foreign bank, adding that oil payments may start from next week.
Officials and
Pakistani stocks end up
KARACHI - Pakistani stocks ended higher on Tuesday but on thin trade as investors remained idle absent any positive triggers.
The Karachi Stock Exchange's benchmark 100-share index ended 0.24 percent, or 28.09 points, up at 11,901.37 on turnover of 74.12 million shares.
"Market was categorised by low volume as there are no positive triggers and the result season will start in about two weeks," said Khalid Iqbal Siddiqui, director at Invest and Finance Securities Ltd.
The Karachi Stock Exchange's benchmark 100-share index ended 0.24 percent, or 28.09 points, up at 11,901.37 on turnover of 74.12 million shares.
"Market was categorised by low volume as there are no positive triggers and the result season will start in about two weeks," said Khalid Iqbal Siddiqui, director at Invest and Finance Securities Ltd.
Pakistani stocks end down; rupee firms
KARACHI - Thin trade and cautious investors pushed Pakistani stocks down on Friday as traders awaited the monetary policy announcement, due the next day, dealers said.
Analysts expect the State Bank of Pakistan (SBP) to leave the key policy rate unchanged at 14 percent in its monetary policy for the subsequent two months.
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.10 percent, or 11.33 points, lower at 11,552.92 on turnover of 66.39 million shares.
Analysts expect the State Bank of Pakistan (SBP) to leave the key policy rate unchanged at 14 percent in its monetary policy for the subsequent two months.
The Karachi Stock Exchange (KSE) benchmark 100-share index ended 0.10 percent, or 11.33 points, lower at 11,552.92 on turnover of 66.39 million shares.
Energy stocks prominent on KSE
KARACHI - Aggressive buying was witnessed in the energy sector as oil prices continued their upward trend and traded above $105 per barrel owing to supply concerns in the Middle East led by the unrest in Libya. Announcement of forward cover on FX contracts by the central bank gave the much needed comfort to local business houses. The KSE-100 index managed to close at a level of 11,564, up 76 points with 63 million shares traded today. Foreign institutional investors were rumored to be
Stocks fall further, close at 2
KARACHI - Political committees failed to make any tangible progress on the economic reforms agenda and a further delay in announcement of PPP's strategy to address pressure by PML-N has continued to hurt investor sentiment. Following yesterday's $3.1 million outflow, foreign funds were rumoured sellers.
Local investors also remained bearish, as deteriorating internal and external political situation took its toll on the investors. The KSE-100 index, with a loss of 125.96 points,
Local investors also remained bearish, as deteriorating internal and external political situation took its toll on the investors. The KSE-100 index, with a loss of 125.96 points,
Bangladesh investors, police clash over sliding stocks
DHAKA - Hundreds of Bangladeshi small investors, angry at a new plunge in share prices, set fire to tyres and pelted police with bricks on Sunday outside the stock exchange and demanded the resignation of the finance minister.
Police with batons dispersed the protesters in pitched battles that snarled traffic for hours. The country's main Dhaka Stock Exchange General Index dived by more than 474.77 points or 7.27 percent to 6052.41 on Sunday, the steepest one-day fall since
Police with batons dispersed the protesters in pitched battles that snarled traffic for hours. The country's main Dhaka Stock Exchange General Index dived by more than 474.77 points or 7.27 percent to 6052.41 on Sunday, the steepest one-day fall since
