market
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Stock market stages record surge | The Express Tribune
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[ad_1] KARACHI: Bulls charged at the Pakistan Stock Exchange in the outgoing week and propelled it upward by the largest margin in the past two years as market players widely cheered an end to the prolonged political drama with the vote of no-confidence finally taking place in the parliament on last weekend. Moreover, continuous appreciation…
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Market watch: Stocks advance on macroeconomic cues | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange managed to post decent gains on Friday, as the benchmark KSE-100 index, after staying in positive territory throughout the day, added 117 points to close the week on a positive note. News reports about remittances hitting an all-time high at $2.8 billion in March 2022 were widely cheered by…
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Oil prices fall as market weighs mixed supply signals | The Express Tribune
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[ad_1] LONDON: Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a larger-than-expected build in US oil stocks against tightening global supply. Brent futures were down $0.86, or 0.8%, at $107.92 a barrel, while US West Texas Intermediate futures were off $1.1 or 1.1%, at $103.15 a barrel…
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Market watch: Stock market rises, aided by refinery sector | The Express Tribune
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[ad_1] KARACHI: Bulls returned to the Pakistan Stock Exchange on Thursday who lifted the benchmark KSE-100 index by 319 points to nearly 46,500 points. Investors were observed cherry-picking stocks that had dropped to attractive valuations during the bearish spell at the bourse last week. Encouraged by the consistent uptrend in global crude oil prices, massive…
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Market watch: Political clarity drives rally at bourse | The Express Tribune
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[ad_1] KARACHI: Bulls returned to the Pakistan Stock Exchange on the final day of the week, pushing up the KSE-100 index by over 650 points as the market reacted positively to the Supreme Court’s verdict that crushed National Assembly deputy speaker’s ruling and reinstated the National Assembly. Late on Thursday, the apex court released the…
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Market watch: Stock market erases gains to end negative | The Express Tribune
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[ad_1] KARACHI: Volatile trading continued at the Pakistan Stock Exchange on Thursday as the KSE-100 index offloaded over 300 points on the back of political turmoil, weakening economic cues and uncertainty about the future leadership. Investors awaited the Supreme Court ruling regarding the legitimacy of National Assembly deputy speaker’s remarks and sold their stockholdings. Moreover,…
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Market watch: Stocks rally, but volumes hit 22-month low | The Express Tribune
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[ad_1] KARACHI: Despite the continuing political uncertainty and fast depreciating rupee, the Pakistan Stock Exchange managed to post decent gains on Wednesday but trading volumes remained thin. The market saw the volumes dip to around 22-month low, however, it remained in the green zone throughout the day. The benchmark KSE-100 index added 183 points and…
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Market watch: Stocks close flat amid profit-taking | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange managed to make some recovery on Tuesday, as sceptical investors were observed hunting for lucrative stocks, especially in cement and fertiliser sectors, amid a number of negative cues. The benchmark KSE-100 index, after recording range-bound trading, added 26 points to close in the green zone. The prevailing volatility on…
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Market watch: Stocks bleed as political mayhem continues | The Express Tribune
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[ad_1] KARACHI: The political melodrama wreaked havoc on the Pakistan stock market as the benchmark KSE-100 index slumped 1,250 points on the back of persistent uncertainty and the brewing constitutional crisis. The political tides turned on Sunday after National Assembly Deputy Speaker Qasim Khan Suri rejected the no-confidence motion against Prime Minister Imran Khan and…
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Market watch: KSE-100 rises past 45,000-point barrier | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured a roller-coaster session on Friday, as the benchmark KSE-100 index, after a feeble start, managed to notch up decent gains and breach the 45,000-point mark. Market participants were once again observed showing their concern over the persistent slide in the rupee against the US dollar, which touched a…
