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Pak rupee depreciates to Rs118.45 in open market

KARACHI: The Pakistani rupee on Wednesday continued to shed value against the US dollar in open market and remained firm in interbank. As per the local money market, the greenback gained 35 paisas in open market for buying at 117.90 and for selling at 118.45, while it remained unchanged in interbank for buying at 115.50 and for selling at 115.70. ... Read More »

PSX goes bearish till midday

KARACHI: Opened on positive note, the Pakistan Stock Exchange became bearish till midday after shedding 41 points to drop to 42703 level on Wednesday. The stocks opened on bullish day and crossed the psychological barrier of 43,000 after adding 292 points to reach 43037 in early trading. Bears were defeated in Tuesday’s trading session at the Pakistan Stock Exchange despite ... Read More »

Stocks cross 43,000 mark in early trading

KARACHI: The Pakistan Stock Exchange Wednesday opened on bullish day and crossed the psychological barrier of 43,000 after adding 292 points to reach 43037 in early trading. Bears were defeated in Tuesday’s trading session at the Pakistan Stock Exchange despite tension in the political environment as the market witnessed major recovery. Stock market opened positive and touched a high of ... Read More »

PSX gains mammoth 1096pts to close at 42745 level

KARACHI: The Pakistan Stock Exchange on Tuesday gained huge 1096.17 points to take the tally to 42744.82 level after witnessing a bullish day. The stocks recorded the highest trading level of 42770.41 points and lowest level of 41648.65 points, with the volume of 140.84 million shares and value of Rs7.21 billion. As many as 339 companies were active; of which ... Read More »

Pak rupee further sheds value in open market

KARACHI: The Pakistani rupee on Tuesday further depreciated against the US dollar in open market and remained unchanged in interbank. As per the local money market, the dollar closed higher after adding five paisas for buying at 117.55 and for selling at 118.10 in open market. The US currency closed unchanged in interbank for buying at 115.50 and for selling ... Read More »

PSX adds massive 632pts till midday

KARACHI: The Pakistan Stock Exchange added massive 632 points to take the tally to 42281 level till midday on Tuesday. The PSX started trading on bullish note and gained 126 points to reach 41775 level in early trading. The stocks closed flat on the first day of the rollover week in absence of any positive trigger despite of the approval ... Read More »

Stocks start day on bullish note

KARACHI: The Pakistan Stock Exchange started trading on bullish note and gained 126 points to reach 41775 level in early trading on Tuesday. The stocks closed flat on the first day of the rollover week in absence of any positive trigger despite of the approval of FY19 budget by the parliament on Friday. Investors remained concerned as government has not ... Read More »

PSX closes almost flat after witnessing a bullish day

KARACHI: The Pakistan Stock Exchange witnessed a bullish day on the first day of new week but shed most of the early gains at closing and ended almost flat as the benchmark 100 index gained 25 paisas to reach 41648.65 level on Monday. The stocks recorded the highest trading level of 41912.68 points and lowest level of 41591.44 points, with ... Read More »

Pak rupee depreciates by 20 paisas

KARACHI: The Pakistani rupee on Monday depreciated against the US dollar in open market and remained unchanged in interbank. As per the local money market, the greenback gained 20 paisas in open market for buying at 117.50 and for selling at 118.05, while it remained unchanged in interbank for buying at 115.50 and for selling at 115.70. On Friday, the ... Read More »

PSX remains bullish till midday

KARACHI: The Pakistan Stock Exchange remained bullish till midday as the benchmark 100-index added 136 points to take the tally to 41760 level on Monday. The stocks started new week on positive note and added 108 points to reach 41731 level in early trading. On Friday, the stocks witnessed another lacklustre session on Friday as the 100-share index traded between ... Read More »

Stocks open new week on positive note

KARACHI: The Pakistan Stock Exchange started new week on positive note and added 108 points to reach 41731 level in early trading on Monday. On Friday, the stocks witnessed another lacklustre session on Friday as the 100-share index traded between an intra-day high of +105 points and a low of -412 points to finally close down 246 points at 41,623 ... Read More »

PSX sheds 246pts in 6th successive bearish close

KARACHI: The Pakistan Stock Exchange 100-Index remained bearish for the sixth successive trading session, reaching close to 41,500 points as selling pressure persisted amid concerns over the country’s macroeconomic indicators and political uncertainty. Concerns over falling foreign exchange reserves added to worries as the index plunged over 400 points in intra-day trading before staging a slight recovery. At close, the ... Read More »

Pak rupee recovers against dollar

KARACHI: The Pakistani rupee on Friday made recovery against the US dollar in open market and remained unchanged in interbank. As per the local money market, the dollar closed lower after shedding 15 paisas for buying at 117.30 and for selling at 117.85 in open market. The US currency closed unchanged in interbank for buying at 115.50 and for selling ... Read More »

PSX goes bearish after shedding 225pts till midday

KARACHI: Opened on positive note, the Pakistan Stock Exchange (PSX) became bearish till midday as the benchmark 100-index shed 225 points to drop to 41644 level on Friday. The stocks earlier bounced back after adding 80 points to reach 41950 level. Yesterday, trading at PSX remained dull while the benchmark index continued to shed points on the first day of ... Read More »

Stocks bounce back in early trading

KARACHI: The Pakistan Stock Exchange (PSX) Friday bounced back in early trading after adding 80 points to reach 41950 level. Yesterday, trading at PSX remained dull while the benchmark index continued to shed points on the first day of Ramazan. The KSE-100 index closed at 41,870 points after losing 432 points with the overall trend of the market remaining downward ... Read More »

PSX loses 42,000 mark after shedding 431pts

KARACHI: The Pakistan Stock Exchange on Thursday remained bearish and even lost 42,000 mark after shedding massive 431.55 points to drop to 41869.65 level. The stocks recorded the highest trading level of 42301.20 points and lowest level of 41833.60 points, with the volume of 56.93 million shares and value of Rs2.61 billion. As many as 298 companies were active; of ... Read More »

Pak rupee gains some value in open market

KARACHI: The Pakistani rupee Thursday gained some value against the US currency in open market and remained firm in interbank. As per the local money market, the greenback lost five paisas in open market for buying at 117.45 and for selling at 118, while it remained unchanged in interbank for buying at 115.50 and for selling at 115.70. On Wednesday, ... Read More »

Bearish trend further intensifies as PSX sheds 225pts till midday

KARACHI: The bearish trend further intensified till midday at the Pakistan Stock Exchange (PSX) as the benchmark 100-index shed 225 points to drop to 42076 level on Thursday. The stocks started day keeping previous day’s bearish note and lost 183 points to reach 42118 level in early trading. Yesterday, bears continued to dominate the PSX, with the benchmark KSE-100 index ... Read More »

Stocks shed 183pts in early trading

KARACHI: The Pakistan Stock Exchange (PSX) on Thursday started day keeping previous day’s bearish note and lost 183 points to drop to 42118 level in early trading. Yesterday, bears continued to dominate the PSX, with the benchmark KSE-100 index losing 158 points in one of the dullest trading sessions in recent months. The index oscillated from the day’s high of ... Read More »

PSX plunges by over 1,000 points after Nawaz’s Mumbai attacks remarks

KARACHI: Pakistan Stock Exchange on Monday saw a downfall of 1,095 points as the political situation in country remains uncertain after controversial remarks by former premier Nawaz Sharif regarding Mumbai attacks. The benchmark KSE-100 index closed at 42,498 points, recording a negative change of 2.51%. The index recorded high and low of 43,594 points and 42,431 points, respectively. The country ... Read More »