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Tag Archives: Stock

Stock market at a glance

Stock market at a glance

MARKET REVIEW The week started off on a dull note where investors tracked Supreme Court proceeding on case against the incumbent government. Exchange of statements and submission of documents by the defendant induced uncertainty in local bourse. Despite all political …

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Stock Watch

Stock Watch

ONGOING PANAMA HEARING WEEK KEEPS INVESTORS REMAIN LARGELY SIDELINED SUMMARY The continuous hearing of Panama Papers case by Supreme Court has the impact of investors to being cautious and in result lower participation at Pakistan Stock Exchange (PSX).The average volume …

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Stock Review

Stock Review

PSX ENDS WEEK UP AMID INVESTORS WARY OF PANAMA CASE FINAL JUDGMENT Forthcoming earnings season likely to drive the market The benchmark index of Pakistan Stock Exchange posted a gain of 957 points for the week ended 21st July 2017. …

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Market Indicators

Market Indicators

PAKISTAN MARKET INDICATORS EXCHANGE RATES CURRENCY ACTIVITY Friday 2-Jun Friday 9-Jun Friday 16-Jun Friday 23-Jun Friday 7-Jul Friday 14-Jul DOLLAR Buying 106.25 106.05 106.05 106.15 106.5 106.6 Selling 106.55 106.35 106.35 106.45 106.8 106.9 POUND Buying 135.5 136.75 135 133.5 …

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Stock Review

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

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

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

World Stock Markets updates

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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Market Indicators

Market Indicators

PAKISTAN MARKET INDICATORS EXCHANGE RATES CURRENCY ACTIVITY Friday 26-May Friday 2-Jun Friday 9-Jun Friday 16-Jun Friday 23-Jun Friday 7-Jul DOLLAR Buying 106.2 106.25 106.05 106.05 106.15 106.5 Selling 106.5 106.55 106.35 106.35 106.45 106.8 POUND Buying 137.25 135.5 136.75 135 …

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World Stock Markets

World Stock Markets updates

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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