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Friday, April 3, 2020
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KARACHI: The stocks market remained directionless on the last day of the year 2019 with the KSE-100 index closing down by 152.55 points (0.37 per cent) at 40,735.08 after trading in a narrow band between the intraday high and low of 110 and 119 points. The market mimicked the performance...
KARACHI:  Following a rough ride at the Pakistan Stock Exchange (PSX), traders have managed to earn 10% profit on investment amid a slight recovery in business confidence in different sectors of the economy. Research houses anticipate the stock market will gain momentum and do wonders in 2020, suggesting current share...
KARACHI: The stocks market closed nearly flat on the first trading day of the week with the KSE-100 index up by marginal 39.10 points (0.10 per cent) at 40,887.63. The index took a positive start and buying, mainly by individuals who bought stocks of net worth $4.19 million, carried it...
This decade (2010-19) has been a mixture of hope and apprehensions for stock market investors. Early years saw smooth sailing. Twists and turns in the stock market were mostly because of political wrangling among major parties or economic ups and downs. But the performance of the stock market in the...
KARACHI: Stocks kept up the gaining momentum on Thursday with bulls tossing the KSE-100 index up over one more hurdle of 40,000 points, posting stellar gains of 799.47 points (1.98 per cent) and closing at 41,127.79. Mutual Funds, picking up equity worth $4.58 million, joined the individuals who bought shares...
Stocks on Monday were sucked down into a spiral of heavy losses, led by hydrocarbon heavyweights, while rollover week-related adjustments also did their damage, amid ongoing national and geopolitical tensions, dealers said. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index lost a 2.02 percent or 824.70 points to close at...
KARACHI:  Pakistan stock market has been all over the place in the last week when it surged to 42K levels before plunging to 40K as details of the verdict in ex-president Pervez Musharraf’s high treason case unfolded. Too much happened too soon, though the benchmark KSE-100 index was trading at...
Stocks plunged more than 2.3 percent, extending losses in the overbought market, as political uncertainty following ex-military chief Pervez Musharraf’s verdict, sped up overdue correction, dealers said on Thursday. “Market took a major plunge upon release of detailed judgment of Pervez Musharraf that caused panic among investors and raised...
KARACHI: After an unprecedented run up, the bulls were stopped in their tracks on Wednesday as investors decided to book profit in exercise of caution. Investors were nervous over the political developments a day earlier where the death sentence handed to former President Musharraf was met with some sharp rebuke from important...
KARACHI: The stocks market kept its upward momentum with the KSE-100 index closing with a gain of 124 points (0.30 per cent) at 41,769. The proceedings remai­ned choppy as investors traded all day between hopes and apprehension on political developments. The bulls began their charge right from the start and...

Opinion

month revenue payment targets

Missed Targets

The tax collection numbers from the last six months are in, and they make for a dismal reading. The government has missed all of...