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Stocks Analysis

Stock Watch

Stock Watch

STOCKS TURNED INTO BULLISH TONE, INDEX SETTLE ABOVE 46,000-MARK Summary The PSX stocks have been continuously gaining momentum since three weeks starting from March 12 till date. KSE-100 Index has been advancing 0.8%, 3.8% and 1.2 % for the last …

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Stock Review

Stock Review

Amnesty, ITFC lending rejoice will be short lived; investors eye budget proposals Pakistan seems to be inching towards serious balance of payment crisis. The ruling junta has failed in containing import of luxury goods (most of the members of Senate, …

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World Stock Markets

World Stock Markets updates

Saudi index moves sideways after winning FTSE emerging market status Saudi Arabia’s stock market moved sideways in early Thursday trade after index compiler FTSE Russell said it would upgrade Riyadh to emerging market status, a move expected to draw billions …

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Stock market at a glance

Stock market at a glance

Market Review The stock market managed to close in green at 45,560pts during the week, exhibiting an increase of 530pts (1.2%WoW). The outgoing week recorded a high of 45,605 level amid optimism over investor friendly proposals for Budget FY19. Therefore, …

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Stock Watch

Stock Watch

Stocks continued upward movement, gain 530 points Summary Pakistan rupee depreciation, which is regarded as favorable for Pakistan Stocks Exchange (PSX) continued to influence investors sentiments along with buying attitude of the foreigners turned this week profitable week for the …

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Stock Review

Stock Review

Bulls take lead, SBP’s steady rate policy likely to follow positive impact The trading on the last day at the Pakistan Stocks Exchange (PSX) delighted after the news of State Bank Monetary policy statement and rupee depreciation since the start …

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World Stock Markets

World Stock Markets updates

US stocks tumble on trade war fears Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, increasingly nervous about a potential US trade war with China, shied away from risk …

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Stock market at a glance

Stock market at a glance

Market Review The benchmark index remained bullish during the week after currency devaluation of 5%, increasing 1,516pts to close at 45,030pts, a rise of 3%WoW. The recent PKR depreciation was well received, mainly by the local participants as witnessed by …

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Stock Watch

Stock Watch

Sudden & sharp depreciation of rupee push index above 45,000 points Summary In the open market dollar was selling Rs.111.80 on Monday. The rate suddenly jumped to around Rs.115.50 on Tuesday. The rise depict almost 4% rupee depreciation against the …

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Stock Review

Stock Review

Market springs back, fresh foreign flows can induce another short term rally The benchmark index of Pakistan Stock Exchange (PSX) for the week ended 22nd March 2018, posted an increase of 3.84%YoY to close the short trading week at 45,030 …

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