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Stock Review

PSX INDEX TAKES BRIEF RESPITE AS POLITICAL ANARCHY LIKELY TO SHUN INVESTORS Political uncertainty negatively impacted Pakistan’s equities market. The benchmark index of Pakistan Stock Exchange (PSX) touched a low of 43,043 points, but finally managed to close the week …

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Stock Watch

INDEX RECOVERS AFTER DROPPING TO YEAR’S LOWEST LEVEL SUMMARY Stock exchange remained under the influence of joint investigation team (JIT) report throughout the week as it was presented on Monday to the Supreme Court. The political scenario developed during the …

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Stock market at a glance

MARKET REVIEW The week started off on a positive note as market participants initially interpreted the JIT report to be not as damaging. However, index shed 4.7% next day as more clarity emerged on discrepancies identified in evidence provided by …

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World Stock Markets

PAKISTAN STOCKS TAKE 554-POINT GAIN AMID LOW TURNOVER The stock market posted a slight recovery to end its three-day losing streak on Friday, and close the week on a positive note, albeit on low turnover. Overall, trading volumes fell to …

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Forex

GBP/USD WEEKLY OVERVIEW Pound dipped to a two week low on Monday over the Bank of England warning regarding hike in interest rates. Major companies squeezed their investments and consumers observed cautious reaction on their spending policy. Pound traded as …

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Forex

GBP/USD WEEKLY OVERVIEW Pound inched down to a six days low of $1.2918 after Britain construction sector data on Tuesday. In fact the pound was trading less than half a cent away from nine months high on the assumption that …

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World Stock Markets

US SHARES INCREASE AFTER SOLID JUNE JOBS REPORT Wall Street stocks rose early Friday after the Labor Department reported the US added a better-than-expected 222,000 jobs in June. Despite the solid headline figure, the report showed that wage growth remains …

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Stock market at a glance

MARKET REVIEW The market pared some of the losses of the last week and returned 2% on the last week’s closing to close at 49,527 points. Market participation remained thin as ADT and ADTV both posted a decline of 19% …

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Stock Watch

PSX REMAINS BEARISH ON POLITICAL UNCERTAINTY, RUPEE FLUCTUATION SUMMARY The last week before finalization of JIT investigation report put political uncertainty to a great height along with the fluctuation of Pak Rupee in the market. The market during the week …

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Stock Review

FOREX RESERVES FALL AND RUPEE’S DEPRECIATION LIKELY TO MAKE INVESTORS JITTERY The benchmark index of Pakistan Stock Exchange (PSE) posted a decline of 2.88% WoW, shed 1,343 points and close the week ended 7th June at 45,222 points. Average daily …

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