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Tag Archives: benchmark 100-Index

Passions run high as KSE grabs 300pts, 0.91% to reach 33,417pts on way to 34,000 mark

KARACHI: Fuelled by bull-run, stocks kept flying high and high to new heights after scaling record high of 33,000 points as Karachi Stock Exchange benchmark 100-index consolidated gains to 300.09 points or 0.91 percent to climb up to 33,417.56 points level till midday trading on Friday. The market appeared buoyant and kept on going up, setting eyes on new goals ... Read More »

Opening: After scaling 32,000pts, KSE continues to rally with 200 more points

KARACHI: After scaling new heights of 32,000-point for the first time in its history, buoyant Karachi Stock Exchange benchmark 100-index kept on climbing up to reach 32205.48 points with a considerable gains of 200 points in early trading on Wednesday. The stocks opened at overnight closing of 32,006.40 points and continued upward march, showing signs of confidence. The market seems ... Read More »

50bps cut in policy rate, other developments to keep KSE bullish

KARACHI: The reduction in policy rate by 50 basis points by the Central Bank, the expected IMF tranche and a tangible cut in the prices of petroleum products have given impetus to Karachi equity and experts and analysts expect the market to stay bullish in the current week. Bull-run kept the Karachi Stock Market (KSE) afloat during the entire past ... Read More »

KSE 100-index falters on 32,000pts rally, losing 0.31 pc to close at 31344pts

KARACHI: The Karachi Stock Exchange 100-index lost 97.75 points to settle at 31344.07  points and volume of 9,856,868,839  shares on last day of trading, Friday. Earlier, benchmark KSE 100-index lost 94.65 points or 0.30 per cent to reach 31347.17 points on the last trading day. The bullish spree broke yesterday when KSE closed losing 187.38 points or 0.59% to settle at 31441.82 points. ... Read More »

Midday: Cheering KSE shores up gains to 168 points

KARACHI: Buoyancy helped the Karachi Stock Exchange shored up gains to take the tally to 168 points or 0.55 percent to reach 30544 points in the midday trading on Wednesday. Earlier, the market began the week on a positive note and the benchmark 100 index kept on upward march, setting the trend for the trading. The Karachi Stock Exchange KSE-100 ... Read More »

Weekly roundup: Bears reign KSE amid Imran, Qadri sit-ins

KARACHI: As the Azadi and Inqilab marches led by Pakistani Tehreek-e-Insaf (PTI) Chairman Imran Khan and Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri entered third week, the bears and bulls kept fighting the whole last week at the Karachi Stock Exchange. The KSE 100-index started last week journey with initial 28,871.75 points and lost 304.01 points in five days ... Read More »

Midday: Stocks plunge 433 points as political stalemate persists

KARACHI: The bears continue its rampage in Karachi Stock Exchange (KSE) as benchmark 100-Index shed 433 points and plummeted to 27378.67 in midday trading on Thursday. The KSE has dropped more than 1,400 points in past 3 days due to the political deadlock persisted in the capital city Islamabad where PTI’s Imran Khan and PAT Chief Tahirul Qadri are not backing ... Read More »