market
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Market watch: Bulls return as KSE-100 races towards 45,000 | The Express Tribune
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[ad_1] KARACHI: Bulls returned to the Pakistan Stock Exchange on Thursday as they lifted the benchmark KSE-100 index close to the 45,000-point mark. Positive reports regarding the emerging political situation in the country aided investor confidence, which supported the market to end the session in the green. Investors also took cue from the decline in international…
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Market watch: Stocks fall in volatile trading | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange remained under the grip of volatility on Wednesday as the KSE-100 index had a topsy-turvy movement, driven by the transforming political scenario and the emerging developments prior to the no-confidence motion. Additionally, the rupee fared no better and lost further ground to close at a historic low against the…
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More capital market reforms on the cards | The Express Tribune
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[ad_1] KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir has cherished the successful rollout of important projects by the central bank including the Roshan Digital Account (RDA) and RAAST instant payment system. During his visit to the Central Depository Company on Tuesday, the SBP governor lauded commercial banks for smoothly executing the central…
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Market watch: Bulls toss KSE-100 above 44,000 points | The Express Tribune
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[ad_1] KARACHI: Bulls held sway at the Pakistan Stock Exchange on Tuesday, as buoyant investors rushed to make fresh purchases driven by a political twist that was cherished by the market. Punjab Chief Minister Usman Buzdar’s surprise resignation a day earlier relaxed the prolonged political turmoil in the country and proved to be a ray…
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ADB to give $300m for capital market development | The Express Tribune
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[ad_1] ISLAMABAD: The government of Pakistan is committed to introducing reforms in diverse areas including domestic resource mobilisation, climate change and public-private partnership, said Federal Minister for Economic Affairs Omar Ayub Khan. Witnessing the signing of Capital Market Development Programme (sub-programme 2) amounting to $300 million, he said that domestic resource mobilisation would help the…
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Market watch: Stocks rally amid clarity on political front | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange made a sharp recovery on Monday, as the benchmark KSE-100 index, after staying in negative territory for most part of the day, surged 382 points and ended just below the 44,000 mark. Market players finally hoped for an end to the prolonged political turbulence as Prime Minister Imran Khan…
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Market watch: Bourse creeps up amid mixed activity | The Express Tribune
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[ad_1] KARACHI: Uncertainty persisted at the Pakistan Stock Exchange on Friday as the benchmark KSE-100 index endured range-bound trading but managed to inch up in the end to close the week on a positive note. Many market players opted to stay on the sidelines due to the prevailing political turmoil in the country amid continuously…
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Market watch: KSE-100 recoups losses, closes above 43,500 | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange made a U-shaped recovery on Thursday as the benchmark KSE-100 index erased losses, suffered in the first half of trading session, to close above the 43,500-point mark. Investor interest stemmed from anticipation of the resolution of domestic political issues, however, a jump in yields in the latest T-bills auction…
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Market watch: Stocks rally as current account deficit shrinks | The Express Tribune
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[ad_1] KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange on Monday, as the benchmark KSE-100 index, after staying in the green zone throughout the day, gained 200 points and started the week on a positive note. However, the trading volume and value remained thin mainly due to the prevailing scepticism on the domestic…
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Vote of no confidence in stock market | The Express Tribune
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[ad_1] KARACHI: top of their voices about the mouthwatering valuations at the stock market for quite some time, however, it seems no one is paying any heed to the calls. Faisal Shaji, Chief Strategist at Standard Capital Securities, also agrees that many attractive deals are currently available in the market, but he anticipates a lacklustre…
