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Tag Archives: shares

LSE sheds 36 points to close at 5398 mark

LAHORE: The Lahore Stock Exchange 25-Index has suffered losses on fourth day of trading too and lost 36.42 points to reach 5398.32 points and volume of 1,444,700 shares. About 104 companies took part in today’s trading session with 20 companies with increase in shares, 13 with decrease in value and 71 witnessed stability in shares value. The highest increase witnessed ... Read More »

Closing: KSE surrenders 30,000-plus level, plunges 411 points in 3 days

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 138.54 points to reach 29982.45 points and volume of 80,322,100 shares on Thursday. Earlier, benchmark KSE 100-index took a good start in a bid to recoup losses of the last two days and gained 66.73 points or 0.22 per cent to reach 30187.72 till 10:00am. In midday trading, market shed 50.02 points ... Read More »

Netflix loses 27 percent shares on fewer sign ups

NEW YORK: The Netflix has dropped its share as low as 27 percent as it signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its US growth slowed markedly. The company said that $1 price hike to $8.99 a month is the cause of fewer sign-ups in the US. Sources said it lured ... Read More »

Midday: KSE 100-index loses early recovery

KARACHI: Though the Karachi Stock Exchange (KSE) 100-index Thursday started with a positive note, but again shed 50.02 points to reach 30070.97 with the volume of 3,462,250,361 shares till midday. Earlier, benchmark KSE 100-index took a good start in a bid to recoup losses of the last two days and gained 66.73 points or 0.22 per cent to reach 30187.72 ... Read More »

Gold price up Rs 300 per tola as marriage season kicks off

KARACHI: The gold price gained strength by rising Rs 257 to trade of Rs 41,657 per 10 grams in the Karachi gold market today amid festive/marriage season demand from jewellers and retailers. Moreover, gold price rose Rs 300 per tola in market to reach a level of Rs 48,600, as price of precious metal increased globally and traded at $1,233 ... Read More »

LSE ends in black again

LAHORE: The Lahore Stock Exchange 25-Index witnessed bearish trend on Wednesday and lost 18.72 points to reach 5407.76 points and volume of 915,800 shares. About 98 companies took part in today’s trading session. The highest increase witnessed in price of the Thal Limited with Rs 12.27 increase in its share value. Other advancers include Dewan Farooq Motors Limited with 231,500 ... Read More »

Closing: KSE suffers huge losses, drops 234 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index, adding to yesterday losses, dropped another 234.23 points to reach 30120.99 points and volume of 103,405,260 shares on Wednesday. Earlier, benchmark KSE-100 index opened with positive trend and gained 37 points in morning trading session. In midday trading, market kept on adding to its yesterday losses and plunged 258.30 points, reaching 30096.92 points with volume ... Read More »

Midday: Bears make strong comeback, KSE plunges 258 points

KARACHI: The investors have to bear huge loss as Karachi Stock Exchange (KSE) 100-index Wednesday plunged 258.30 points, reaching 30096.92 points with volume of 4,258,484,211 shares till midday. The country’s biggest stock exchange witnessed maximum trading of 30403 and minimum trading of 30062. Earlier, benchmark KSE-100 index opened with negative trend and shed 21 points or -0.07 to reach 30333.58. ... Read More »

Spot gold slips 0.4pc to $1,227 per ounce

SINGAPORE: Spot gold slipped 0.4 per cent to $1,227 an ounce on Wednesday. The precious metal touched a 4-week peak of $1,237.90 on Tuesday, before trimming gains to close the day 0.4-per cent lower. Meanwhile, gold was also getting some support from India and China markets. India’s September gold imports nearly doubled to $3.75 billion from the month before, ahead ... Read More »

SBP to incorporate MRC with SECP to steer housing finance

KARACHI: SBP Deputy Governor Saeed Ahmed while chairing first meeting of the Steering Committee of Mortgage Refinance Company (MRC) held at State Bank of Pakistan said a number of facts are halting growth in housing finance including legal and operational obstacles and non-availability of long-term liquidity. The meeting was also attended by other members of the Committee including executives of ... Read More »

Opening: KSE takes negative start

KARACHI: The Karachi Stock Exchange (KSE) 100-index Wednesday continued yesterday’s negative trend and shed 21 points or -0.07 to reach 30333.58, with the volume of 445,746,789 shares till 10:00am. The KSE, on Tuesday, could not sustain Monday’s gains and ended in black. The country’s biggest stock market closed yesterday with 39.19 points loss to reach 30355.22 points and volume of 118,614,590 ... Read More »

LSE falls amid vigilant trading

LAHORE: The Lahore Stock Exchange 25-Index has lost 37.68 points to reach 5436.90 points and volume of 1232200 shares on Tuesday. About 104 companies took part in today’s trading session. The highest increase witnessed in price of the Millat Tractors Limited with Rs 22.79 increase in its share value. Other advancers include Lafarge Pakistan Cement Limited with 374000 shares, Silk ... Read More »

Closing: Bears stare through KSE, ends in black

The major stocks market of country lost 39.19 points despite a good start in morning, yesterday trading KARACHI: The Karachi Stock Exchange (KSE) 100-index could not sustain Monday’s gains and ended in black on Tuesday. The KSE, with a positive start and 100 plus gains in morning, ended with 39.19 points loss to reach 30355.22 points and volume of 118,614,590 shares. Earlier, ... Read More »

Closing: KSE takes mammoth jump of 235 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with positive sentiments on first day of trading, Monday, to balance the slow trading of after Eid days, gained 235.78 points to reach 30394.41 points and volume of 123,546,050 shares. Earlier, KSE started the trading week on Monday with positive note and gained 94.50 points to stand at 30253.13 at 10:30am. In ... Read More »

LSE ends in green with Attock Refinery as volume leader

LAHORE: The Lahore Stock Exchange (LSE) 25-index witnessed bullish trend on first day of trading, Monday, and gained 18.92 points to reach 5444.51 and volume of 1,062,500 shares. The highest increase witnessed in price of the Attock Refinery Limited, Bank of Punjab (BOP) with 210,500 shares while the Ghazi Fabrics Limited remained the biggest losers of the day. As a ... Read More »

Govt allowed to present 10pc OGDCL shares for auction

ISLAMABAD: The federal government has been allowed to present 10 per cent shares of Oil and Gas Development Company Limited (OGDCL) for auction, but barred from selling them till the final decision of the Apex Court. A two-member bench of Supreme Court of Pakistan, comprising Justice Ejaz Afzal Khan and Justice Gulzar Ahmed, has suspended the Peshawar High Court’s order ... Read More »

Weekly review: Rupee sheds 25 paisas against dollar after Eid holidays

LAHORE: The Pakistani rupee weakened in the following two-trading-day week started after the weekend and Eidul Adha holidays as the US dollar gained 20 paisas in inter-bank and 25 paisas in open market against Pakistani rupee from Thursday to Friday. As per detail, the value of dollar in inter-bank market was 102.4 on Thursday and 102.6 on Friday against rupee, ... Read More »

Weekly review: KSE maintains 30,000 plus position

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with a slow start after five days closure on weekend and Eidul Adha holidays and gained 46.72 points in the week-long trading, as it opened at 30103.23 points on Thursday and closed at 30149.95 points on Friday The week, which consists of two trading days only, was unexpectedly good for KSE as ... Read More »

Closing: KSE crosses 30,000 mark with 171 points gain

KARACHI: The Karachi Stock Exchange (KSE) 100-index with a slow start after holidays succeeded to gain 171.01 points to cross 30,000 mark and reach 30149.95 points. Volume of 107,520,680 shares on last day of trading, Friday. Earlier, KSE opened with positive note and kept on marching upward, crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points ... Read More »

Midday: KSE keeps upward rally, gains 103 points

KARACHI: Started with positive note, the Karachi Stock Exchange (KSE) 100-index kept upward rally and crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points on Friday, the last day of trading. On Thursday, the country’s biggest stock market lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares. Experts say that market has to ... Read More »