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Tag Archives: afloat

50bps cut in policy rate, other developments to keep KSE bullish

KARACHI: The reduction in policy rate by 50 basis points by the Central Bank, the expected IMF tranche and a tangible cut in the prices of petroleum products have given impetus to Karachi equity and experts and analysts expect the market to stay bullish in the current week. Bull-run kept the Karachi Stock Market (KSE) afloat during the entire past ... Read More »

Midday: Buoyancy keeps KSE afloat with 78 points

KARACHI: Buoyancy kept the Karachi Stock Exchange afloat as the benchmark KSE-100 index sustained modest gains of 78 points or 0.26% to cling to the level of 30283 points, though slight below the early gains of 83 point, till the midday trading on Friday. The sentiments remained positive, boosting confidence of the investors and keeping the score board ticking. The ... Read More »

Midday: Bulls keep KSE afloat as stocks widen gains  

KARACHI: It seems the International investors conference going on in Islamabad has boost confidence of the investors at the Karachi Stock Exchange as KSE-100 index continued steadily upward march and increased its gain to 68.92 points or 0.23% to reach 30307.88 points in the midday trading on Tuesday. The stock exchange which opened at overnight closing of 30238 points rallied ... Read More »