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Tag Archives: Imran Khan

Closing: KSE further plunges 155 points on Thursday

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 155.53 points to stand at 29940.27 points and volume of 5,708,428,194 shares on Thursday, as the market added to yesterday’s losses. Earlier, the market opened on a negative note and kept on losing points, as the bearish trends added to the overnight losses. The stocks could not gain momentum as profit-taking took ... Read More »

Closing: KSE loses momentum, closes at 30095.80 points

KARACHI: Karachi Stock Exchange (KSE) 100-index lost 47.97 points to stand at 30095.80 points and volume of 103,676,850 shares on Wednesday, as the market could not sustain yesterday’s gains of 149 points. Stocks market opened at the overnight closing of 30143 points and consolidated its early rally and benchmark KSE-100 index kept on upwards march to gain 183 points to ... Read More »

LSE makes slight gains, touches 5457 level

LAHORE: The Lahore Stock Exchange (LSE) 25-index gained 12.73 points to reach 5457.85 points on Tuesday. The LSE witnessed slight growth as 99 companies took part in today’s trading, in which 40 recorded increase in shares value while nine companies witnessed and 50 remained stable. The highest increase witnessed in prices of Mari Petroleum Limited. The Bank Al-Falah’s 200,000 shares ... Read More »

Closing: KSE gains 149 points, ends above 30,000 mark

KARACHI: Karachi Stock Exchange (KSE) 100-index gained 149.90 points to close at 30143.77 points on Tuesday, amid the confusions and concerns which have been haunting the market for past few days. Earlier, in the morning, the investors started trading very carefully, keeping current political standoff in mind, due to which KSE 100-index shed 21 points to stand at 29972.87 points ... Read More »

Closing: KSE plunges further on start of week

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 21.93 points to stand at 29993.87 points on the first day of trading on Monday, as the country has been facing multifarious challenges these days. Earlier, the market started the week on a positive note and went up 34 points or 0.11 percent to reach 30049.91 points in morning session. However, the ... Read More »

Rupee downs 10 paisa in interbank against US dollar

KARACHI: Pakistani rupee further depreciated in interbank and open market against US dollar on opening day of the trading week. According to local currency market, US dollar gained 10 paisa in interbank to reach 102.7 and 5 paisa in open market to reach 102.9. On the last day of previous trading week, US dollar gained 5 paisa in open market ... Read More »

Weekly review: KSE remains under pressure due to political impasse

KARACHI: The Karachi Stock Exchange (KSE) 100-index has lost 16.36 points in the weeklong trading, as it opened at 30044.89 points on Monday and closed at 30028.53 points on Friday. The KSE witnessed bearish trend most of the days as the market kept on fluctuating amid investors’ concerns for political uncertainty and economic losses on account of devastating floods, especially ... Read More »

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 »

US dollar strengthens in open market

KARACHI: Pakistani rupee weakened in open market and remained stable in inter-bank against US dollar on the last working day of the trading week in the local currency market. According to currency market, US dollar gained 5 paisa in open market to reach 102.85 and remained stable with 102.6 in inter-bank. On Thursday, US dollar gained 10 paisa and reach ... Read More »

Imran, Qadri sit-ins and economy

Asian Development Bank (ADB) President Takehiko Nakao has expressed the apprehensions that the current political crisis in Pakistan can damage economy. In a meeting with Pakistan Prime Minister Nawaz Sharif, he appreciated the steps taken by the government to devise macroeconomic policies and contain inflation to a minimal level. He says that there is a need to further improve foreign ... 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 »

Midday: KSE reels from vagaries

KARACHI: The indiscernible effects of institutional profit-taking, political uncertainty and flood devastation kept the KSE-100 index in red zone and the stocks shed 35 points or 0.12 percent to reach 30101 points in the midday trading on Thursday. Earlier, the market opened at overnight closing of 30136 points and kept on fluctuating amid investors’ concerns for political uncertainty and economic ... 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 »

Midday: Stocks narrow down earlier loss

KARACHI: The widespread uncertainty triggered by weeks-long stalemate in the federal capital, aggravated by roaring floods rattled stocks and the KSE-100 index shed 44 points or 0.15 percent to decline to 30,000 in the midday trading on Monday. Earlier, the Karachi Stock Exchange opened in negative zone and lost 142 points to come down below the 30,000 mark to 29902 ... 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 »

PICT to shift import Container Yard to ease congestion

KARACHI: The Pakistan International Container Terminal (PICT) would shift its import CY Full Release FR/RF containers to a rental place at Bay West Yard, West Wharf to help ease off congestion. PICT intimated the information through a letter Ref # CSD00001 dated September 10. The letter signed by Manager, Customs Services, PICT said that PICT is compelled to shift the import ... 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 »