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Author Archives: Mati ur Rehman

Bulls dominate KSE as 100-index gains 83pts in early trading

KARACHI: The bulls ruled the Karachi Stock Exchange on Tuesday as 100-index added 82.84 points to reach 33927.14 level, with the total volume of 11,253,700 shares in early trading. On Monday, after initial gains of 196 points, the market closed only up 69 points at 33,844 level with volumes of over 263m shares. As the government’s announcement of reducing the ... Read More »

KSE afloat as 100-index gains 117 points to reach 33892 level

KARACHI: Though the Karachi Stock Exchange shed some early gains till midday on Monday, but it remained in green zone as benchmark KSE-100 index added 116.91 points to take the tally to 33892.03 level. The country’s biggest stock witnessed the highest level of trading at 33970.73 points and lowest level of 33775.12 points, while the total market volume of remained ... Read More »

Rs160b remittances passed through NBP per annum

LAHORE: National Bank of Pakistan’s (NBP) Senior Executive Vice President Khalid Bin Shaheen has revealed that the banks remittance portfolio has reached over Rs160 billion per annum. Addressing a press briefing here at a local hotel, Shaheen said that besides working closely with various multilateral agencies for countrywide cash transfer initiatives that support low income individuals, disaster affected families and ... Read More »

ECC allows import of 100,000 ton urea, release of 2-month salaries of PSM employees

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet meeting, under the chair of Federal Finance Minister Ishaq Dar, has approved import of 100,000 tons of urea fertilizer for Kharif season (April-Sept 2015) and also nodded to release two months salaries of Pakistan Steel Mills employees. The ECC also decided to enhance the imported supply of 82,000 tons approximately under ... Read More »

KSE cheers up at 304pts addition till midday

KARACHI: The Karachi Stock Exchange kept the momentum of early bullish note as 100-index added 304.45 points to take the mark to 33761.19 level till midday on Friday. The bullish market witnessed the highest trading level of 33761.19 points and lowest level of 33456.74 points, while the total volume remained 66,126,990 shares, having worth of Rs5,936,523,372. The top three traded ... Read More »

KSE retrieves overnight losses as 100-index gets 111pts in early trading

KARACHI: The Karachi Stock Exchange brought another good day for investors as benchmark KSE-100 index up by 0.33 per cent, after gaining 111.21 points and reached 33567.95 level on Friday. Thursday witnessed a roller coaster ride of index at the stock market as the KSE closed down by 33.91 points, or 0.10 per cent, at 33,456.74 after taking a good ... Read More »

Bulls keep KSE afloat as 100-index gains 172 points

KARACHI: The Karachi Stock Exchange benchmark 100-index Thursday maintained the positive trading note as 100-index up by 0.51 per cent, gaining 171.77 points till midday. The country’s biggest stock reached 33662.42 level after witnessing the highest trading of 33712.45 points and lowest trading of 33490.65 points. The total volume remained 97,127,780 shares, having value of Rs6,420,567,905. Earlier, the Karachi Stock Exchange ... Read More »

KSE adds another 113pts to reach 33603 level

KARACHI: The Karachi Stock Exchange Thursday added another 112.76 points in early trading as the benchmark KSE 100-index reached 33603.41 level with total volume of 29,825,970 shares. On Wednesday, the KSE 100-index rose by 454.88 points, or 1.38 per cent, to 33,490.65 as profit-taking on certain sectors had pulled the stocks down to attractive levels for the institutional players. The ... Read More »

KSE recovers losses as 100-index adds 356pts to take tally to 33392 level

KARACHI: Bullish sentiment again prevailed in Karachi bourse on Wednesday as the benchmark 100-index up by 1.08 per cent, gaining 355.81 points to reach 33391.58 level till midday. The KSE witnessed the highest trading of 33401.19 points and lowest trading of 33035.77 points as the total volume remained 80,365,620 shares, having Rs5,134,663,526 value. The top three traded companies were Byco ... Read More »

KSE bids to recoup previous losses in early trading; 100-index gains 84pts

KARACHI: In bid to recoup the previous day’s losses, the Karachi Stock Exchange Wednesday gained 83.85 points to take the mark to 33119.62 points as total volume remained 15,019,450 shares in early trading. On Tuesday, the benchmark 100-index lost 268.87 points or 0.81 percent to reach 33035.77 points and volume of 196,173,890 shares. The High and Low of today trading ... Read More »

KSE 100-index plummets 281pts despite huge Chinese investment

KARACHI: In spite of billions of dollar agreements with the Chinese government, the Karachi Stock Exchange witnessed variation in the trading till midday and down 0.82 per cent, shedding 281 points to drop to 33023 points. The benchmark KSE 100-index recorded highest level of trading at 33365.86 points and lowest level of 33027.22 points, with the total volume of 67,299,590 shares, ... Read More »

KSE sees fluctuation as 100-index reaches 33338 points

KARACHI: Despite the huge $46 billion investment agreements with China, the Karachi Stock Exchange Tuesday witnessed fluctuation in the early trading, however it remained in green zone. The benchmark KSE 100-index gained 33.38 points to reach 33338.02 points, whit total volume of 22,689,100 shares. On Monday, the KSE 100-index gained 69.91 points or 0.21 percent to reach 33304.64 points and ... Read More »

Bull-run rally persists as KSE up 0.85%; 100-index gains 284pts to reach 33518

KARACHI: The Karachi Stock Exchange (KSE) benchmark 100-index Monday maintained the last week’s bullish momentum and gained 283.60 points or 0.85 per cent to take the tally to 33518.33 points till midday. The country’s biggest stock market witnessed the highest trading level of 33617.99 points and lowest level of 33234.73 points, total volume of 115,724,860 shares, having Rs7,870,710,034 value. Earlier, ... Read More »

Buoyant KSE continues rally; 100-index gains 356pts to reach 33591

KARACHI: The Karachi Stock Exchange (KSE) kicked off another trading week with positive mood and up by 1.07 per cent, gaining 356.40 points to reach 33591.13 points on Monday. Karachi equity market sustained its momentum as benchmark 100-index surged by 884 points in the previous week. The bulls dominated trading at Karachi Stock Exchange (KSE) and pushed up index by ... Read More »

KSE upbeat as 100-index gains 178pts to reach 32914

KARACHI: The Karachi Stock Exchange Friday maintained buoyant mood as benchmark KSE 100-index added 178 points or 0.54 per cent to take tally to 32914.46 points till midday. The country’s biggest stock market recorded maximum trading level of 32957 points and minimum level of 32707 points, with total volume of 124,326,870 shares, having value of Rs6,384,020,808. The three top traded ... Read More »

KSE cheers up; 100-index adds 110pts to take tally to 32846

KARACHI: The Karachi Stock Exchange witnessed another bullish opening as the benchmark 100-index up by 0.33 per cent, gaining 109.53 points to reach 32845.97 points, with total volume of 40,177,000 shares on Friday, the last trading day. On Thursday, the KSE benchmark 100-index gained 487.57 points or 1.51 percent to reach 32736.43 points and volume of 272,204,960 shares. Total traded ... Read More »

KSE maintains upward rally; 100-index adds 327pts to take tally to 32576

KARACHI: The Karachi Stock Exchange benchmark 100-index Thursday maintained the bullish trend and added 326.80 points to 32575.66 points till midday. The stock market recorded highest level of 32618.94 points and lowest level of 32248.86 points with total volume of 130,102,520 shares, having Rs7,732,184,495 value. The three top traded companies were K-Electric Ltd with a volume of 19,066,000 and price ... Read More »

KSE takes good start by gaining 226pts to reach 32475

KARACHI: The Karachi Stock Exchange benchmark 100-index Thursday started with a bullish mood and gained 225.78 points to reach 32474.64 points, with the total volume of 21,659,150 shares. On Wednesday, KSE gained 138.99 points or 0.43 percent to reach 32248.86 points and volume of 163,774,670 shares. CEMENT were the top traded sector with total traded volume of 44,819,400 shares. It ... Read More »

KSE sees fluctuation; 100-index loses early gains, but remains in green zone with 43pts addition

KARACHI: The Karachi Stock Exchange Wednesday witnessed fluctuation in the trading and lost the early gains, however, it remained in green zone till midday. The benchmark KSE 100-index added 42.61 points to reach 32152.48 level. The country’s biggest stock market recorded the highest trading level of 32431.07 points and lowest level of 32109.87 points with the total volume of 95,445,300 ... Read More »

KSE recoups overnight losses as 100-index gains 315pts to 32425pts

KARACHI: Breaking the bearish spell, the Karachi Stock Exchange Wednesday opened with positive note, recouping the previous losses. The benchmark 100-index gained mammoth 315 points to reach 32424.93 points, with total volume of 34,034,400 shares. On Tuesday, the KSE lost 138.58 points or 0.43 percent to reach 32109.87 points and volume of 180,213,450 shares on institutional offloading ahead of budget ... Read More »