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Tag Archives: Pakistan Stock Exchange

Stocks down 0.5 percent to seven year low

Pakistan stocks recovered 0.8 percent amid hopes of better financial result

KARACHI: Pakistan stocks further decreased 0.5 percent Friday amid panic selling to seven year low, traders said.       Muhammad Sohail at Topline tweeted on the closure of the market on Friday saying it reached to the lowest of seven years, “Todays volume at Pakistan Stock Exchange was at …

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Stocks down 147 amid pre-budget uncertainty

Stocks dropped 1.16 percent amid fears of IMF conditions

KARACHI: Pakistan stocks further decreased 147 points Thursday amid fears of tightening SBP policy rates ahead of IMF program, traders said.       Analyst Ahsan Mehanti at Arif Habib Corp said Bearish trend continued amid thin trade on pre-budget uncertainty. “Cement and banking stocks outperformed on speculations ahead of …

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Stocks close positive amid foreign flows  

Stocks close positive amid foreign flows  

KARACHI: Pakistan stocks closed flat with a minor change upwards, as foreign inflows played the major role in positive close, traders said.       Analyst Ahsan Mehanti at Arif Habib Corp said stocks showed recovery led by banking stocks as investor speculate on banking reforms and likely surge in …

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Stocks plunge 1.43 percent amid panic selling

Traders said stocks plunged 1.43 percent amid panic selling

KARACHI: Pakistan stocks plunged by 1.43 percent Monday amid panic selling as investors remained concerned over weak economic outlook, traders said.       Analyst Ahsan Mehanti at Arif Habib Corp said panic selling witnessed amid thin trade at PSX led by scrips across the board as investor weigh global …

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