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Pakistan Stock Exchange remained under pressure during the outgoing week ended July 12, 2019 due to selling in various sectors. BRIndex100 lost 55.01 points on week-on-week basis to close at 3,525.43 points. Average daily trading volumes stood at 46.822 million shares. BRIndex30 decreased by 268.06 points to close at...
KARACHI: The stocks market was a picture of despondency on Thursday where the absence of investors saw the market volume at seven-year low and the KSE-100 index claw up by 35.35 points (0.10 per cent) to close at 33,875.40. The index opened in the positive and rose to intraday high...
KARACHI: The stock market remained extremely dull and drab in range-bound trading in the absence of triggers and low volume. The KSE-100 index closed flat with minor fall of 15.53 points (0.05 per cent) at 33,840.05. As investors stayed away from the market, the volume ended below the 60-million shares...
KARACHI: After three days of negative closing, investors with an appetite for risk ventured into the market to buy value stocks at bargain prices which finally saw the KSE-100 index close with a gain of 112.90 points (0.33 per cent) at 33,855.58. The market took off to a positive start...
Stocks on Monday shed 1.3 percent, dragged down by cement, auto and banking shares, largely due to the ongoing political as well as economic uncertainty that is seen as a major obstacle in the way of any substantial recovery in the short-term, dealers said. Topline Securities in a market review...
Pakistan Stock Exchange witnessed bullish trend during first three sessions of the outgoing week, however the investors opted for profit taking in the last two days. BRIndex100 gained 36.80 points on week-on-week basis to close at 3,580.44 points. Average daily trading volumes stood at 82.021 million shares. Also Read: Shares buyback...
KARACHI: Stocks snapped three-day winning streak on Thursday as the KSE-100 index plunged 325.93 points (0.93 per cent) and closed at 34,570.62. The day represented the classic case of old Wall Street adage: “Buy on Rumour, Sell on News”. The expectation of approval of International Monetary Fund (IMF) Executive Board’s signing...
KARACHI: Stocks extended the gaining streak for third day as the KSE-100 index surged by 589 points (1.72 per cent) and closed at 34,897. Investors’ interest in the market seems to be growing with hike in volume and around 995 points gains in the last three days. Market kicked off...
KARACHI: Stocks staged a rally on Tuesday with the KSE-100 index posting gains of 310.78 points (0.91 per cent) and close at 34,307.11. The investors took heart on government assertion that it had completed all the conditions for the bailout of $6 billion which is set to be approved...
Pakistan Stock Market ended flat in range bound trade on Monday, the first day of the new fiscal, as investors and financial institutions remain cautious ahead of the International Monetary Fund (IMF) board meeting scheduled for July 3 to approve Pakistan’s request for a loan, dealers said. Muhammad Faizan Munshey,...

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A tale of two budgets

About a fortnight back the Indian Government announced its first post Elections 2019-20 Budget, and it will be interesting to see how it compares...