Tag Archives: 000-level

KARACHI: The benchmark KSE 100-share index continued to flirt with the 66,000-point level on an intraday basis but a close above that mark was still elusive despite a bullish beginning with a spike in trading volume on Monday. Topline Securities Ltd said the index remained in the green for most part of the session hitting an intraday high of 326 …

Bulls maintained their dominance on the trading floor of the Pakistan Stock Exchange (PSX) on Wednesday and crossed the 63,000 milestone. According to the PSX website, the KSE-100 index closed at 63,917.72 points, up by 961.70, from the previous close of 62,956.02. At 3:15pm, it briefly crossed the psychological barrier of 64,000 before retracting. The benchmark of representative shares has seen …

KARACHI: The KSE-100 Index surged beyond the 57,000-point level, concluding the trading session at a new record high on Thursday. Topline Securities Ltd said the upward trend was a result of the successful staff-level agreement reached between the Inter­national Monetary Fund (IMF) and Pakistani authorities under a $3 billion Stand-By Arrang­ement. Furthermore, the auction of treasury bills held a day …

KARACHI: The benchmark of major shares hit an all-time high on Friday as stock prices rose owing to declining yields on treasury bonds. The KSE-100 index closed at 53,123.04 points after gaining 466.28 points or 0.89 per cent from the preceding session. Topline Securities Ltd attributed the upswing in the KSE-100 index to a drop of 25-41 basis points in …

KARACHI: Pakistani shares witnessed another bullish day on the stock exchange as the benchmark index of major listed companies stayed in the positive range throughout trading hours on Wednesday. Topline Securities Ltd said the extended momentum can be attributed to crucial talks with the International Monetary Fund (IMF) that are scheduled to begin on today (Thursday) under the $3bn Stand-By …

KARACHI: Following a tug of war between bulls and bears in the preceding two trading sessions, the bulls established their stronghold at the Pakistan Stock Exchange on Thursday by breaking the psychological barrier of 44,000 points — a feat that the PSX achieved after a gap of almost 56 weeks. Topline Securities said stocks traded on the higher side after …

The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained. Bitcoin which has lost 57 per cent so far this year and 37pc this month, fell below $20,000 over the weekend for the first time since December 2020. The level is of symbolic …

KARACHI: The stock market witnessed a range-bound session on Wednesday with the KSE-100 index moving within a band of 352 points owing to rising domestic political noise coupled with escalating global commodity prices, according to Topline Securities. The benchmark opened on a positive note as investors welcomed the decision by the central bank’s monetary policy committee to maintain the status …

KARACHI: Trading on the stock market witnessed a strong start on Monday with investors rushing to buy shares in the oil and gas sector. But the benchmark index failed to stay above 46,000 points amidst a lack of positive triggers and dropped below the previous session’s closing level. “Going forward, a slight correction can be seen and we advise investors …

KARACHI: As expected the surprise rally on Thursday that saw the KSE-100 index storm past the 48,000 points to record gains of massive 805 points was merely a one-off event, triggered by a ‘state-owned pension fund’ that poured $12.8m in the market through the mutual funds. On Friday the market returned to the bearish trajectory with selling pressure seen throughout …