market
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Market watch: Stocks plunge on falling rupee | The Express Tribune
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[ad_1] KARACHI: Bears pushed bulls to the sidelines and firmly dominated trading at the Pakistan Stock Exchange on Monday, as the benchmark KSE-100 index plummeted by 1,448 points after staying in the negative zone throughout the day. Weakening macroeconomic indicators amid continuous depreciation of the rupee against the US dollar – which fell by around…
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Market watch: Stocks fall in absence of positive cues | The Express Tribune
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[ad_1] KARACHI: Bears held sway at the Pakistan Stock Exchange on Friday, as the benchmark KSE-100 index stayed in the negative territory throughout the session and dropped by 409 points on the first trading day after long Eid holidays. Investors opted to stay on the sidelines as the trading volume and value dipped as compared…
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SBP injects Rs4.1tr into financial market | The Express Tribune
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[ad_1] KARACHI: Pakistan’s central bank has supplied a record Rs4.09 trillion to commercial banks for a short period of seven days to address the liquidity crunch, as the domestic financial market has dried up after lending most of the available funds to the cash-strapped government. The State Bank of Pakistan (SBP) has reported injecting Rs4.09…
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Market watch: Stocks falter on macroeconomic concerns | The Express Tribune
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[ad_1] KARACHI: Bears held their ground and dominated trading at the Pakistan Stock Exchange on Thursday as news reports regarding T-bill yields hitting a 24-year high dented investor interest, triggering across-the-board profit-selling. The benchmark KSE-100 index, after remaining in the negative territory throughout the session, recorded a drop of around 284 points to settle in…
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Market watch: Bourse ends negative in range-bound session | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured a range-bound trading session on Wednesday as the benchmark KSE-100 index faced both bullish and bearish pressures but ended the day on a negative note. The trading session started on a positive note but it registered a sharp decline around midday as investors weighed the impact of global…
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Market watch: Stocks fall as market fails to sustain gains | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a volatile trading session on Tuesday, as the benchmark KSE-100 index after staying range bound throughout the day, shed around 255 points to settle below the psychological barrier of 46,000 points. Despite fresh appreciation of the rupee against the US dollar, the sentiment remained depressed as investors opted…
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Market watch: Stocks rally due to clarity about IMF package | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange rallied on Monday as investors were observed cheering the news of successful completion of talks with the International Monetary Fund (IMF) about the loan programme. Pakistan and the IMF agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to…
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Market watch: Stocks drop again in absence of positivity | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed another dull trading session on Friday, as the benchmark KSE-100 index declined by around 100 points to close the fifth consecutive session in the red. Bears took complete control over the bourse throughout the outgoing week mainly owing to the absence of positive triggers. Despite fresh appreciation of…
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Market watch: Stocks extend losses amid selling pressure | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured another volatile session on Tuesday, as investors were observed weighing the impact of ongoing political uncertainty and deteriorating macroeconomic indicators after a brief pause. Pushed by these factors, the market players opted to offload their stockholdings at attractive valuations and the KSE-100 index lost over 200 points. Fresh…
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Market watch: Stocks lose all gains on profit-taking | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a roller-coaster session on Monday, as the benchmark KSE-100 index after registering handsome gains earlier in the day, succumbed to late-session profit-taking, starting the week on a negative note. Investor sentiment was mainly dented by the depreciating rupee, which lost 0.54% of value day-on-day against the US dollar…
