Stocks
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Stocks close flat on profit-taking | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed a range-bound trading session on Tuesday, as jittery investors resorted to profit-booking mainly owing to the uncertain political situation in the country. The benchmark KSE-100 index, after remaining in the green zone for most of the day, succumbed to late-session selling pressure and ended the day with a…
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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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Market watch: Gloomy political outlook pulls stocks down | The Express Tribune
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[ad_1] KARACHI: Bears maintained their stranglehold on the Pakistan Stock Exchange on Friday, as the benchmark KSE-100 index registered a plunge of 777 points mainly owing to a deteriorating macroeconomic outlook. Persistent disturbance on the country’s political scene took its toll on investor interest as the index remained in the negative territory throughout the day…
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Market watch: Stocks extend gains on positive triggers | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange extended the previous day’s gains on Wednesday, as a number of positive triggers instilled optimism among market players. Bullish sentiment prevailed throughout the trading session as the benchmark KSE-100 index stayed in the positive territory and managed to add 256 points to close just below the 44,000-point level. The…
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Market watch: Stocks turn bullish due to drop in oil prices | The Express Tribune
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[ad_1] KARACHI: Bulls returned to the Pakistan Stock Exchange on Tuesday, propping up the KSE-100 index by 353 points, aided by the drop in global crude oil prices. The plunge in oil rates below $100 per barrel revived investor interest and the pessimism over further widening of the current account deficit and swelling imports subsided…
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Market watch: Stocks turn bullish over policy rate clarity | The Express Tribune
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[ad_1] KARACHI: Investor interest revived at the Pakistan Stock Exchange on Wednesday as the benchmark KSE-100 index regained some lost ground owing to the status quo maintained by the State Bank of Pakistan (SBP) in the monetary policy. Keeping in view the deteriorating geopolitical situation and the threat of escalation of war, a small chunk…
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Market watch: Stocks falter as political uncertainty deepens | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange endured another volatile trading session on Tuesday, as jittery investors continued to weigh the impact of domestic political turmoil and surging global crude oil and commodity prices. The benchmark KSE-100 index came under across-the-board selling pressure and ended the day in the negative territory for the second consecutive session.…
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Market watch: Stocks tumble on geopolitical shock | The Express Tribune
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[ad_1] KARACHI: Bears held sway at the Pakistan Stock Exchange on Monday as the benchmark KSE-100 index nosedived 1,284 points owing to escalating geopolitical tensions that sent prices of global commodities to multi-year highs. The deteriorating situation between Russia and Ukraine disrupted global supplies, resulting in swelling of prices of crude oil and essential commodities,…
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Market watch: Stocks edge up in range-bound session | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange witnessed another range-bound session on Friday, as sceptical investors continued to stay on the sidelines owing to prevailing volatility on the international and domestic fronts. The benchmark KSE-100 index, after oscillating in a narrow range throughout the day, managed to close the week on a positive note. Anticipation of…
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Market watch: Soaring energy prices drag stocks down | The Express Tribune
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[ad_1] KARACHI: Bears returned to the Pakistan stock market on Wednesday as the KSE-100 index dipped nearly 300 points, driven down by the spike in global energy prices with no signs of easing of geopolitical tensions. A surge in international crude oil prices past the $110-per-barrel mark sparked concern as it would pile on pressure…
