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Tag Archives: privatisation

Closing: KSE surrenders 30,000-plus level, plunges 411 points in 3 days

KARACHI: The Karachi Stock Exchange (KSE) 100-index lost 138.54 points to reach 29982.45 points and volume of 80,322,100 shares on Thursday. Earlier, benchmark KSE 100-index took a good start in a bid to recoup losses of the last two days and gained 66.73 points or 0.22 per cent to reach 30187.72 till 10:00am. In midday trading, market shed 50.02 points ... Read More »

Gold price up Rs 300 per tola as marriage season kicks off

KARACHI: The gold price gained strength by rising Rs 257 to trade of Rs 41,657 per 10 grams in the Karachi gold market today amid festive/marriage season demand from jewellers and retailers. Moreover, gold price rose Rs 300 per tola in market to reach a level of Rs 48,600, as price of precious metal increased globally and traded at $1,233 ... Read More »

LSE ends in black again

LAHORE: The Lahore Stock Exchange 25-Index witnessed bearish trend on Wednesday and lost 18.72 points to reach 5407.76 points and volume of 915,800 shares. About 98 companies took part in today’s trading session. The highest increase witnessed in price of the Thal Limited with Rs 12.27 increase in its share value. Other advancers include Dewan Farooq Motors Limited with 231,500 ... Read More »

Closing: KSE suffers huge losses, drops 234 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index, adding to yesterday losses, dropped another 234.23 points to reach 30120.99 points and volume of 103,405,260 shares on Wednesday. Earlier, benchmark KSE-100 index opened with positive trend and gained 37 points in morning trading session. In midday trading, market kept on adding to its yesterday losses and plunged 258.30 points, reaching 30096.92 points with volume ... Read More »

LSE falls amid vigilant trading

LAHORE: The Lahore Stock Exchange 25-Index has lost 37.68 points to reach 5436.90 points and volume of 1232200 shares on Tuesday. About 104 companies took part in today’s trading session. The highest increase witnessed in price of the Millat Tractors Limited with Rs 22.79 increase in its share value. Other advancers include Lafarge Pakistan Cement Limited with 374000 shares, Silk ... Read More »

Closing: Bears stare through KSE, ends in black

The major stocks market of country lost 39.19 points despite a good start in morning, yesterday trading KARACHI: The Karachi Stock Exchange (KSE) 100-index could not sustain Monday’s gains and ended in black on Tuesday. The KSE, with a positive start and 100 plus gains in morning, ended with 39.19 points loss to reach 30355.22 points and volume of 118,614,590 shares. Earlier, ... Read More »

Closing: KSE takes mammoth jump of 235 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with positive sentiments on first day of trading, Monday, to balance the slow trading of after Eid days, gained 235.78 points to reach 30394.41 points and volume of 123,546,050 shares. Earlier, KSE started the trading week on Monday with positive note and gained 94.50 points to stand at 30253.13 at 10:30am. In ... Read More »

LSE ends in green with Attock Refinery as volume leader

LAHORE: The Lahore Stock Exchange (LSE) 25-index witnessed bullish trend on first day of trading, Monday, and gained 18.92 points to reach 5444.51 and volume of 1,062,500 shares. The highest increase witnessed in price of the Attock Refinery Limited, Bank of Punjab (BOP) with 210,500 shares while the Ghazi Fabrics Limited remained the biggest losers of the day. As a ... Read More »

Govt allowed to present 10pc OGDCL shares for auction

ISLAMABAD: The federal government has been allowed to present 10 per cent shares of Oil and Gas Development Company Limited (OGDCL) for auction, but barred from selling them till the final decision of the Apex Court. A two-member bench of Supreme Court of Pakistan, comprising Justice Ejaz Afzal Khan and Justice Gulzar Ahmed, has suspended the Peshawar High Court’s order ... Read More »

Weekly review: Rupee sheds 25 paisas against dollar after Eid holidays

LAHORE: The Pakistani rupee weakened in the following two-trading-day week started after the weekend and Eidul Adha holidays as the US dollar gained 20 paisas in inter-bank and 25 paisas in open market against Pakistani rupee from Thursday to Friday. As per detail, the value of dollar in inter-bank market was 102.4 on Thursday and 102.6 on Friday against rupee, ... Read More »

Weekly review: KSE maintains 30,000 plus position

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with a slow start after five days closure on weekend and Eidul Adha holidays and gained 46.72 points in the week-long trading, as it opened at 30103.23 points on Thursday and closed at 30149.95 points on Friday The week, which consists of two trading days only, was unexpectedly good for KSE as ... Read More »

Closing: KSE crosses 30,000 mark with 171 points gain

KARACHI: The Karachi Stock Exchange (KSE) 100-index with a slow start after holidays succeeded to gain 171.01 points to cross 30,000 mark and reach 30149.95 points. Volume of 107,520,680 shares on last day of trading, Friday. Earlier, KSE opened with positive note and kept on marching upward, crossed psychological barrier of 30000, by gaining 102.81 points to reach 30081.75 points ... Read More »

LSE ends in green after Eid holidays

LAHORE: The Lahore Stock Exchange (LSE) witnessed bullish trend on its first day, Thursday, after five holidays due to weekend and Eidul Adha and gained 6.04 points to reach 5387.99 points and 343,100 shares. As per details, 80 companies took part in today’s trading with 20 advancers and eight companies lost their share value, while 52 companies remained stable today. ... Read More »

Closing: KSE opens after 5 days closure, loses 124 points

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened with bearish trend on Thursday after five days closure due to weekend and Eid holidays. The KSE lost 124.29 points to reach 29978.94 points and volume of 52,510,770 shares. Earlier, the rally started with downward trend, the KSE 100-index shed 50.48 points to reach 30052.75 points during midday trading on Thursday noon. ... Read More »

Weekly review: Bulls grip KSE before Eid as market gains 398 points

KSE remained in green zone most of the days in week long trading  KARACHI: The Karachi Stock Exchange (KSE) 100-index has gained 397.58 points in the week-long trading, as it opened at 29705.65 points on Monday and closed at 30103.23 points on Friday, despite another week of sit-ins and public meetings, creating political chaos across the country. At start of ... Read More »

Weekly review: Rupee steadier, weighs 20 paisas in interbank

LAHORE: The US dollar lost 20 paisas in inter-bank and 15 paisas in open market against Pakistani rupee during the week-long trading from Monday to Friday. As per detail, the value of dollar in inter-bank market was 102.6 on Monday and 102.4 on Friday against rupee, while, in open market its value was 102.75 on Monday and 102.6 on Friday, ... Read More »

Closing: KSE ends in green before 5 days closure

KSE is going to close for 5 days due to weekend and Eid holidays KARACHI: As the stocks markets across the country were going to close for five days, the Karachi Stock Exchange tried hard to end trading in green zone on last day of trading, Friday. The KSE slightly gained 31.65 for today to reach 30103.23points and volume of ... Read More »

Closing: 75 points gain helps KSE cross 30,000 barrier

KARACHI: The major stock exchange of the country, the KSE 100-index, crossed the psychological barrier of 30,000, gaining just 74.97 for today, Thursday, to reach 30071.58 points and volume of 107,311,490 shares. Earlier in the morning, KSE made a wonderful start and crossed 30,000 psychological barrier by gaining 129.56 points and reached 30126.17. The market has gained 69.45 points and ... Read More »

Closing: KSE keeps up momentum, ends slightly below 30,000

KARACHI: The Karachi Stock Exchange (KSE) 100-index had shed points at start of the week; however, Wednesday was a second consecutive lucky day for country’s major stocks, as the KSE again remained in green zone and added 270.22 points to reach 29996.61 points and volume of 72,096,640 shares. Earlier, Stocks Exchange keeping the bullish momentum of start on third day ... Read More »

Closing: Bulls retake charge at KSE with 343 points gain

KARACHI: Tuesday proved to be a good day for Karachi Stock Exchange (KSE) 100-index as the major Stock market of the country gained 343.26 points to reach 29726.39 points and volume of 60,392,610 shares. Earlier, the market opened at the overnight closing of 29,383 points and showed resilience to offset the bearish trend. The investors remained cautious and vigilant in view ... Read More »