Pakistan Stock Exchange (PSX) witnessed a bullish trend in the outgoing week with the benchmark KSE-100 index gaining significant 2,585 points to close at 31,350 points.
KARACHI: KSE-100 started with a hefty downward trend on Monday by loss of 1,000 points with a touch down to 39,256 points for the first time in the year 2018. Around afternoon, the points showed decline by almost more than 1,000 points. It is the lowest stage observed in the whole span. The sectors showing diminishing trend includes banking, cement, and oil. KSE-100 Index had plunged to below the 40,000 mark, at 39,230 level – a fall of 1,054 points, equivalent to 2.6% of the total value.
KARACHI: After the rupee devaluation, the Pakistan Stock Exchange (PSX) too started the the week on a negative note as KSE-100 Index shed 598 points, a 17-month low. The KSE-100 Index showed some upward momentum in the first few minutes of the session but failed to sustain the positive momentum but towards the end registered a decrease of 598.30 points or 1.53% to settle at 38,481.70. Analysts were of the view that political uncertainty has adversely affected the benchmark index. The three top traded companies…
KARACHI: The Karachi Stock Exchange witnessed a bearish trend on Tuesday following a FIA raid at AKD Securities offices located at KSE building last day and arrest of CEO of the brokerage house Fareed Alam and two directors – Tariq Ghumra and Mohammed Iqbal.
KARACHI: Karachi Stock Exchange (KSE) fell by more than 1,300 points in the start of the week, ARY News reports.