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Tag Archives: MQM

KSE continues bearish spree for 6th consecutive day, loses 689 points

KARACHI: Political uncertainty due to Imran Khan and Tahirul Qadri’s sit-ins, widening of gulf between MQM and PPP and profit-taking by shareholders caused 6th consecutive bearish rally at KSE-100 on Tuesday, losing another 16.85 points to close at 29694.27 points. The benchmark 100-Index almost lost 689 points in 6 straight days, in a rarely witnessed bearish spree. The benchmark KSE ... Read More »

Midday: KSE in bid to recoup losses

KARACHI: After five consecutive bearish days, Karachi Stock Exchange 100-Index Tuesday witnessed positive rally and gained 73.37 points to reach 29784.49 points with the total volume of 32,154,400 shares till midday. Earlier, benchmark KSE 100-Index took a good start and gained 142 points to reach 29853.55 stage with the total volume of 16,142,400 shares. The index observed the highest trading ... Read More »

KSE tumbles 672 points in 5th bearish rally as MQM quits coalition   

KARACHI: Political uncertainty due to Imran Khan and Tahirul Qadri’s sit-ins and huge public meetings and MQM’s withdrawal from the coalition government in Sindh caused fifth straight bearish day at KSE 100-Index on Monday. The KSE 100-Index plunged 0.58 percent or 171.98 points to 29,711.12 points on Monday when compared with 29,883.10 points recorded on Friday and the market lost ... Read More »

Midday: Volatility persists as KSE sheds 61 points

KARACHI: Continuing volatility of early trading, Karachi Stock Exchange (KSE) 100-index even could not come out of the pressure till midday, shedding 61.81 points to reach 29821.29 points with the total volume of 22,187,280 shares on the first trading day on Monday. The KSE once in the morning trading plummeted to 29766 and also went up to 29927 points. In ... Read More »

Opening: KSE 100-Index remains volatile in early trading

KARACHI: Karachi Stock Exchange (KSE) 100-index remained volatile in early trading on first session of the first trading day on Monday. KSE once in the morning trading plummeted to 29776 and also went up to 29927 points. The market shed 4.15 points to reach 29878.95 points with total volume of 4,716,500 shares till 9:45am. In the previous week, benchmark KSE 100-index opened ... Read More »