Market – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 21 Oct 2019 07:39:11 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.3 Global Stock Exchanges http://www.pakistaneconomist.com/2019/10/21/global-stock-exchanges-42-19/ http://www.pakistaneconomist.com/2019/10/21/global-stock-exchanges-42-19/#respond Sun, 20 Oct 2019 19:42:15 +0000 http://www.pakistaneconomist.com/?p=33549 STOCK EXCHANGES AROUND THE WORLD Pakistan stocks edge down 28 points over FATF decision As investors braced for the Financial Action Task Force (FATF) verdict on Friday, the benchmark KSE-100 Index inched down 28 points due to speculation over the outcome. The FATF decided to keep Pakistan on the grey list after Islamabad could not …

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Stock Watch http://www.pakistaneconomist.com/2019/10/21/stock-watch-42-19/ http://www.pakistaneconomist.com/2019/10/21/stock-watch-42-19/#respond Sun, 20 Oct 2019 19:40:38 +0000 http://www.pakistaneconomist.com/?p=33550 Investors go for profit-taking over FATF concern, index down 1.8%wow Summary After two weeks of bullish movement in early October, the investors this week went for profit-taking in oversold market. Pakistan Stock Exchange (PSX) Index lost 606 points to come down to 33,000 level to close at 33,870.15. The average volume too declined to 140m; …

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Stock Review http://www.pakistaneconomist.com/2019/10/21/stock-review-42-19/ http://www.pakistaneconomist.com/2019/10/21/stock-review-42-19/#respond Sun, 20 Oct 2019 19:39:48 +0000 http://www.pakistaneconomist.com/?p=33551 Rally fizzle out on FATF effects, result season; political events may creep into the limelight During the week ended 18th October 2019, the benchmark index of Pakistan Stock Exchange (PSX) witnessed erosion of 605 points and closed at 33,870 level, down 1.76%WoW. Average daily volume also declined by 51%WoW on the back of uncertainty surrounding …

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Global Stock Exchanges http://www.pakistaneconomist.com/2019/10/14/global-stock-exchanges-41-19/ http://www.pakistaneconomist.com/2019/10/14/global-stock-exchanges-41-19/#respond Sun, 13 Oct 2019 19:42:43 +0000 http://www.pakistaneconomist.com/?p=33312 STOCK EXCHANGES AROUND THE WORLD Pakistan stocks keep rallying Pakistan stock market extended its rally and gained 448 points on Friday as investors expected a positive outcome from the Financial Action Task Force (FATF) meeting to be held next week. Moreover, many companies are expected to announce financial results in the forthcoming week, which further …

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Stock Watch http://www.pakistaneconomist.com/2019/10/14/stock-watch-41-19/ http://www.pakistaneconomist.com/2019/10/14/stock-watch-41-19/#respond Sun, 13 Oct 2019 19:40:51 +0000 http://www.pakistaneconomist.com/?p=33491 Stocks rally extended to overcome political noise, gaining 4.4% wow Summary Prime Minister Imran Khan’s visit this week to China to meet President Xi Jinping and Premier Li Keqiang to discuss the progress of CPEC projects. China reiterated its support for Pakistan on the on-going Kashmir conflict. On domestic front JUI-F plans to march in …

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Stock Review http://www.pakistaneconomist.com/2019/10/14/stock-review-41-19/ http://www.pakistaneconomist.com/2019/10/14/stock-review-41-19/#respond Sun, 13 Oct 2019 19:39:51 +0000 http://www.pakistaneconomist.com/?p=33313 Bulls control persist; outcome of FATF meeting may sway the market The benchmark Index of Pakistan Stock Exchange (PSX) closed the week ended on 11th October 2019 at 34,476 points, up 4.37% marking the second consecutive week closing in green. Top performers during the week included FFBL, MEBL, HASCOL, PAEL and EFOODS, while FCCL and …

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Global Stock Exchanges http://www.pakistaneconomist.com/2019/10/07/global-stock-exchanges-40-19/ http://www.pakistaneconomist.com/2019/10/07/global-stock-exchanges-40-19/#respond Sun, 06 Oct 2019 19:42:37 +0000 http://www.pakistaneconomist.com/?p=33070 STOCK EXCHANGES AROUND THE WORLD Pakistan’s stocks index extends gains, up 281 points The benchmark KSE-100 index extended gains on Friday and crossed the 33,000-point mark due to robust investor sentiment following a meeting between Army Chief Qamar Javed Bajwa and prominent businessmen. The first session remained largely range bound due to a lack of …

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Stock Watch http://www.pakistaneconomist.com/2019/10/07/stock-watch-40-19/ http://www.pakistaneconomist.com/2019/10/07/stock-watch-40-19/#respond Sun, 06 Oct 2019 19:40:52 +0000 http://www.pakistaneconomist.com/?p=33072 Volume crosses 106pc wow as stocks added 963 points Summary The government after managing the public expectation on Kashmir issue, finally came back in October to pursue its economic reform agenda which in fact is more important for the country. As such the first week of October saw brisk and positive activities on economic scene: …

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Stock Review http://www.pakistaneconomist.com/2019/10/07/stock-review-40-19/ http://www.pakistaneconomist.com/2019/10/07/stock-review-40-19/#respond Sun, 06 Oct 2019 19:39:12 +0000 http://www.pakistaneconomist.com/?p=33073 Index rises as cement shares shine; october remains an exciting month for participants For the week ended 4th October 2019 the benchmark index of Pakistan Stock Exchange (PSX) closed at 33,033 points, up 3%WoW. After a choppy start of the market, cement companies remained in limelight after the hike in cement prices by up to …

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Global Stock Exchanges http://www.pakistaneconomist.com/2019/09/30/global-stock-exchanges-39-19/ http://www.pakistaneconomist.com/2019/09/30/global-stock-exchanges-39-19/#respond Sun, 29 Sep 2019 19:42:34 +0000 http://www.pakistaneconomist.com/?p=32774 STOCK EXCHANGES AROUND THE WORLD US stocks down after talks of delisting Chinese companies U.S. stocks fell on Friday after news that the Trump administration was considering delisting Chinese companies from US stock exchanges and limit US investments into China. The tariff-sensitive Philadelphia semiconductor index extended its decline to 2.7%. The index was already under …

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