KARACHI (September 29 2009): Heavy selling pressure was witnessed at Karachi share market on Monday and KSE-100 index lost 254.67 points to close at 9,409.58 points. The investors remained cautious and opted for profit taking just before a day of expected announcement of monetary policy statement by the State Bank of Pakistan on Tuesday.
The market [...]
KARACHI: The KSE-100 index on Thursday surged by 86.33 points to close at 9,223.39 points level on the back of healthy buying by both local and foreign investors. The foreign investors bought shares worth $19.98 million and sold $18.03 million, resulting in a net buying of shares worth $1.95 million.
The market opened on a positive [...]
KARACHI: The KSE-100 index on Wednesday surged by 107.61 points to close at 9,137.06 points level on the back of foreign investors’ interest mainly in oil sector. The offshore investors remained net buyers of shares worth $3.261 million. The market opened on a positive note and the index hit 9,150.13 points intra-day high level.
Although profit [...]
KARACHI: The KSE-100 Index on Tuesday lost 45.81 points to close at 9,029.45 points level due to investors’ cautious stance as they preferred to offload their holdings ahead of Eid. The market opened on a positive note with 8 points plus. However, just after start of the session, selling pressure forced the index into negative [...]
KARACHI: The Karachi share market on Monday opened on a positive note and the KSE-100 index hit 9,147.45 points intra-day high. However, the momentum could not continue due to investors’ cautious stance as they opted for profit taking ahead of Eid and the index closed with a meagre gain of 16.49 points at 9,075.26 points.
Trading [...]
KARACHI: The KSE-100 index lost 66.82 points on Monday to close at 8,935.86 points from 9,002.68 points due to profit taking mainly by local investors. The market opened on a positive note and the KSE-100 index hit 9,103.96 points level, up 101.28 points. However, the momentum could not continue due to profit taking.
Trading volume at [...]
KARACHI: The KSE-100 index surged by 461.46 points, or 5.4 percent, during the week ended on September 5, 2009 and closed at nine-month high at 9,002.68 points on the back of foreign investors’ interest. A net inflow of $86.4 million of foreign portfolio investment was witnessed during the week.
The market witnessed healthy trading activity and [...]
KARACHI: Bullish trend was observed at Karachi share market on Monday and the KSE-100 index surged by 134.45 points to close at 8,675.67 points from 8541.22 points due to strong interest of both local and foreign investors on the back of £665 million pledged for Pakistan stability by Britain.
The expectation of significant reduction in CPI [...]
KARACHI: Healthy buying was witnessed at Karachi share market during the week ended on August 28, 2009 as a result of which the KSE-100 index surged by 433.28 points, or 5.3 percent, to close at 8,541 points against 8107.94 points. Despite negative news flow in terms of failure to reach an agreement on margin financing [...]
KARACHI: Despite healthy buying by foreign investors, the Karachi share market on Thursday finally closed in negative with the KSE-100 index closing at 8,315.16 points level, down by 4.58 points, due to profit taking by local investors. The market opened on a positive note and the KSE-100 index hit 8,392.62 points intra-day high level, up [...]
