Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Islamabad: (Monday, July 16, 2012) The Karachi Stock Exchange (KSE) 100-index benchmark rose 52.29 points or 0.36 points to close the market at 14,384.58 point. With this increase, the total volume of shares traded today remained at 55.40 million. Although the main stock market observed a positive trend today, but on a whole, the buyers, […]
KSE recovers: Market closes at 90.35 points higher Karachi: (Friday, June 01, 2012) After being through extensive pressure culminating in putting the investors off, the Karachi Stock Exchange (KSE) finally recovered today and observed a healthy buying trend, pushing the market 90.35 points higher. According to the market sources, the optimism among the investors prevailed […]
Pakistan Economy: KSE ends bullish; rupee hit new low against dollar Karachi: (Monday, May 28, 2012) The Karachi Stock Exchange (KSE) witnessed bullish trend today with cement and fertilizer sectors attracting most of the new buyers. Amid this positive trend, the market closed at 14,000 points. Driven by the increased buying, the KSE 100 index […]
KSE-100 Index dips 23.32 points as the week closes Karachi: Karachi Stock Exchange (KSE) observed a dipping trend after the sales of the blue-chip National Bank of Pakistan (NBP) shared a lower-than-expectation profit for the quarter ending on March 30 was announced. Against the hopes of a net profit of 5 billion rupee this quarter, […]
Earning hopes drive KSE towards a positive trend Karachi: (Wednesday, April 18, 2012) After witnessing a negative trend at the shares market and KSE 100-index, the Karachi Stock Exchange finally exhibited a hope among the investors to expect strong corporate earnings in the quarter that closed on March 30. Recovering from yesterday’s declining trend, the […]
Increased minimum deposit rate on savings holds back KSE performance Karachi: (Monday, April 16, 2012) After witnessing rising trends for over a fortnight, owing to the announcement on part of State Bank of Pakistan to increase the minimum deposit rate on savings accounts from 5 percent to 6 per cent, the Karachi Stock Exchange observed […]
Karachi Stock Exchange up by 163 points Karachi: (Tuesday, March 27, 2012) The Karachi Stock Exchange (KSE) benchmark 100 index ended up 1.23 percent higher today with recording an improvement of 163 points and closing at 13,449.73 points. However, the total volume of shares, in comparison to yesterday’s trading of 278 million shares, drastically fell […]
Karachi Stock Exchange ends a two-month high; volume closes at one-year high Karachi: (Monday, January 23, 2012) Karachi Stock Exchange (KSE) after a prolonged dismal performance finally exhibited a bullish trend with the stock closing at more than two-month high and the trade volume concluded at a one-year high. The present improvement in the market’s […]
In an extra-ordinary meeting called on by Karachi Stock Exchange (KSE) on Thursday, the stock brokers have unanimously agreed to reject the proposal of raising the term in office of the directors on the board of the bourse to two years. The KSE directors are currently having a one-year term at the office and a […]
The KSE-100 Index remained bearish for the first three days of the week before finally rebounding in the last session on Friday, October 28 to close at 11,562 points after having seen the monthly-low of 11,283 points on Thursday, October 27. After four consecutive sessions of bearish activity, including Friday of last week, analysts declared […]
Major shareholder abandons Hubco; 140 million shares sold for $60 million The rumours finally materialised last week when Xenel industries of Saudi Arabia actually sold out its entire holding in the Hub Power Company, Pakistan’s Largest Independent Power Plant, to quit its investment from Pakistan. Xenel sold its 140 million shares in Hubco for $60 […]
With no positive news in the market for the second-consecutive day, the KSE-100 index plunged 63 points to close at 11,912 points on Tuesday, October 18. Engro closed on the lower cap for the second successive day after authorities announced that gas to the production plant will be closed until further notice. A lower lock […]
