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Tag Archives: Dr Tahirul Qadri

Closing: KSE rally falters half way, loses 65.63 points on last trading day

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 65.63 points to stand at 30028.53 points on the last day of trading on Friday. As per details, the market opened with a positive note and added 48 points or 0.16 percent, the tone remained sluggish amid flurry of political developments. The KSE-100 index went down 21.2 points from overnight tally of ... Read More »

Closing: KSE index plunges on political uncertainty

KARACHI: The Karachi Stock Exchange (KSE) 100-index plunges 42.41 points to stand at 30094.16 points, as indiscernible effects of institutional profit-taking, political uncertainty and flood devastation kept the KSE-100 index in red zone The KSE-100 index, opened at overnight closing of 30136 points and kept on fluctuating amid investors’ concerns for political uncertainty and economic losses on account of devastating ... Read More »

Closing: KSE slides 75 points as bears haunt back

KARACHI: The Karachi Stocks Exchange (KSE) 100-Index lost 75.31 points to reach 30104.99 on Wednesday as the ongoing political unrest spread confusion among the investors. The KSE 100-index opened at 30180.36 and made trade of total volume 108,694,110 shares. Although it was a volatile opening in the Karachi Stock Exchange as stocks went down sharply, the KSE-100 index recovered quickly ... Read More »

Closing: KSE on upward drive, adds 110 points

Closing: KSE shows buoyant mood, adds 110 points KARACHI: The Karachi Stock Exchange KSE-100 index on Tuesday in its buoyant mood added to its yesterday gains, taking the points tally to 110.17 to reach 30180.30 points. The KSE-100 index, opened at 30070.12 points with a buoyant mood and kept upward march, gaining 203 points to reach the level of 30273 ... Read More »

Closing: Foreign investors prop up KSE with slight gains

KARACHI: The Karachi Stock Exchange (KSE) 100-Index gained 25.24 points to reach 30070.13 on the first trading day of the week as the deadlock in dialogue between government and PTI and PAT, has been worsening the weeks-long political uncertainty in federal capital. The KSE 100-index opened at 30044.89 and traded 68,539,480 shares during the day. The market lost 142 points ... Read More »

Weekly review: KSE crosses 30,000 barrier despite sit-ins, floods

KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 531.08 points in weeklong trading as it opened at 29513.73 points on Monday and closed at 30044.89 points on Friday. The KSE witnessed bullish trend most of the days, despite month long sit-ins, protests, clashes and political unrest in the federal capital, and flood. The first day of trading, Monday, was ... Read More »

Closing: KSE firms gains, up 186 points

KARACHI: Karachi Stocks Exchange (KSE) 100-Index gained 186.52 points to reach 30044.89 mark on Friday as the opposition jirga, mediating between the government and PTI and PAT, presented “the best possible formula” to end the month-long political standoff. KSE 100-index opened at 29858.37 points and traded total share volume of 104,324,470 shares.The market opened on upward note and crossed the ... Read More »

Closing: KSE bounces back with 167 points

KARACHI: Karachi Stock Exchange (KSE) 100-Index gained 167.06 points to reach 29858.37 mark on Thursday as the negotiators of government, PTI and PAT hoped the resolution of political unrest soon. Political standoff in the capital has caused some fears among the investors while flood related apprehensions caused lacklustre activity at the bourse, as investors remained cautious to participate actively anticipating ... Read More »

Closing: Bears dominate KSE amid political uncertainty in Islamabad

KARACHI: The Karachi Stock Exchange (KSE) 100-Index lost 37.60 points to reach 29691.31 points due to prolonged political uncertainty haunting the federal capital. The market opened with negative note losing points to reach 29712.11 from the overnight 29728 points in midday trading; however, market recovered quickly gaining 59 points to reach 29787 after that. The KSE 100-index opened at 29665.90 and total ... Read More »

Closing: KSE up 143 points on another round of talks

KARACHI: The Karachi Stocks steadily built on the overnight gains and rose by 143.31 points to take the stocks benchmark KSE-100 to 29728.91 points, shrugging off several pressing problems the country has been grappling with at different fronts, on Tuesday. The KSE-100 opened on an upbeat note and kept on upwards march aggressively, boosting confidence of the investors. Once the ... Read More »

Closing: Bulls at KSE bounce back amid PTI, PAT talks with govt

KARACHI: The Karachi Stock Exchange (KSE) 100-index gained 71.82 points to reach 29585.60 mark on the first day of the trading week, Monday, as the positive signs were prevailing about the resolution of the current political standoff in the federal capital. The market opened at 29513.78 with positive sentiments, kept on marching upward and taken the total trade volume to ... Read More »

Weekly review: Bulls emerge victorious with 938 points gains at KSE

KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 938.67 points in weeklong trading as it opened at 28567.74 points on Monday and closed at 29506.41 points on Friday. The KSE witnessed bullish trend most of the days, despite another week of sit-ins, protests, clashes and political unrest in the federal capital. The first day of trading, however, was not ... Read More »

Closing: Political uncertainty pushes KSE down 97 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened at a bearish note on Friday and went down by 97.89 points to reach 29506.41, as political strife still haunted the federal capital. The highest index was witnessed at 29659.91 points, while the lowest level was recorded at 29467.97 points. Trading volume decreased to 35,105,980 shares in stock market. Experts were of ... Read More »

Economy in the dock

Through their contradictory statements, the government ministers have been repeatedly warning the nation about billions of rupees losses to the national exchequer since Imran Khan, chief of the Pakistan Tehreek-e-Insaf, and Dr Tahirul Qadri, chief of the Pakistan Awami Tehreek started their marches and sit-ins in the twin cities of Islamabad and Rawalpindi. Khurram Dastgir, the federal commerce minister, puts ... Read More »

Closing: KSE drops 74 points as Red Zone turns into battlefield

KARACHI: Karachi Stock Exchange (KSE) 100-index lost 74 points to fall to 28,493.74 on Monday as the federal capital remained tense after the supporters of Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan and Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri tried to enter the Prime Minister’s House. The market opened on a depressing note over the political turmoil and straight ... 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 »

Karachi bourse bounces back with 793 points gain

KARACHI: The Karachi Stock Exchange 100-index bounced back on Friday with 793.31 points gain to close at 28,567.74, on the hope that the prevailing political impasses would end after the army showed its willingness to mediate between Pakistan Tehreek-e-Insaf chief Imran Khan and the federal government led by Prime Minister Nawaz Sharif. Sentiments at the market were high at the ... Read More »

Midday: KSE-100 index cheers up at hope for end to political impasse

KARACHI: The stocks was buoyed up by the hope for an apparent end to the prevailing political impasses as Karachi Stock Exchange 100 index bounced back with an increase of 886 points to reach 28660.37 in the midday trading on Friday. Sentiments at the market were high at the opening of the day as it gained more than one thousand ... Read More »

Youths: From assets to liability

Pakistan is blessed with intelligent brains and myriad of hardworking workforce, but how much is its utility in this land of pure is a million dollar question. When the skilled workforce is put to work, it is an asset and when it is not, it is a liability. In the same manner, more population means more businesses and more jobs, ... Read More »

Tahirul Qadri ready for showdown in Red Zone

ISLAMABAD: The tension rises in Islamabad as the Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri has announced to move sit-in towards Parliament right inside the Red Zone. He, however, took a pledge from the protestors to remain completely peaceful and non-violent during the march towards Red Zone. Moreover, Dr Qadri repeated his demand for the arrest of the Sharif ... Read More »