market
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Market watch: Stocks dive on geopolitical tensions | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange came under selling pressure on Monday as investors took cue from the surging global crude oil prices amid rising geopolitical tensions, which sparked fears of increase in inflation in the country in the wake of expensive imports. The benchmark KSE-100 index spent most of the day in the red…
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Market watch: Stocks close in green amid thin trade | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange saw lacklustre activity on Friday but the benchmark KSE-100 index, after oscillating in a narrow band, managed to close in the green zone. Sceptical investors adopted a cautious approach amid corporate result announcements, mainly owing to the rising international coal prices, which kept the cement sector under pressure. On the…
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Oil prices gain after IEA says market tight | The Express Tribune
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[ad_1] LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were still heading for weekly losses on inflation worries and US-Iran which could boost global supplies. Brent crude futures rose $1.01, or 1.1%, to $92.42 a barrel at 1203 GMT, while US West Texas Intermediate crude…
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Market watch: Bourse turns bearish, sheds 400 points | The Express Tribune
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[ad_1] KARACHI: The two-day bull run came to an end at the Pakistan Stock Exchange on Thursday as the KSE-100 index dropped 400 points, driven by political uncertainty and increase in international coal prices. The jump in coal prices dampened investor sentiment and pulled the KSE-100 index below the 46,000-point mark once again as it…
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Market watch: Bulls dominate as KSE-100 crosses 46,000 mark | The Express Tribune
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[ad_1] KARACHI: Bulls held sway at the Pakistan Stock Exchange on Wednesday and tossed the KSE-100 index above the 46,000-point barrier after a dip in global crude oil prices aided investor sentiment. The fall in crude prices addressed fears of a significant jump in imported inflation in Pakistan and encouraged market participants to make fresh…
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Market watch: Stocks stage decent rally on corporate results | The Express Tribune
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[ad_1] KARACHI: Buying interest re-emerged at the Pakistan Stock Exchange on Tuesday as investor sentiment was primarily driven by strong corporate result announcements in power and cement sectors. The benchmark KSE-100 index, despite remaining volatile throughout the day, managed to stage a decent rally in second half of the session. On the flip side, rising…
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Market reaction mixed over T-bills auction | The Express Tribune
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[ad_1] KARACHI: The market remains mixed over the latest T-bill auction held in Pakistan and while few segments term it mishandling of the central bank, others believe that the State Bank of Pakistan had little role to play in it. The central bank’s mishandling of the latest T-bill auction resulted in hefty losses to the…
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Market watch: Selling pressure pulls stocks down | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured a range-bound session on Monday, as sceptical investors once again adopted a wait-and-watch approach and kept trading activity thin amid an unsatisfactory economic outlook and uncertainties. Volatility persisted at the bourse, as the benchmark KSE-100 index after surging past the 46,000-point mark during the day failed to keep…
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Market watch: With profit-taking, stocks record thin gains | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a volatile session on Friday, as market players opted to stay on the sidelines mainly owing to weak macroeconomic cues and looming uncertainty. The benchmark KSE-100 index, after oscillating within a narrow range, managed to creep up before the close of trading. Despite opening the session in the…
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Market watch: KSE-100 turns bearish despite IMF’s go-ahead | The Express Tribune
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[ad_1] KARACHI: Bears returned to the bourse on Thursday as the KSE-100 index dropped 256 points despite the approval of $1 billion loan tranche by the International Monetary Fund (IMF). Late on Wednesday, the global lender allowed the revival of $6 billion loan programme, which had been on hold since June last year. The development,…
