Tag Archives: 000-level

KARACHI: Stocks fell flat on the last trading day of the shortened four-day week (Feb 5 being Kashmir Solidarity Day). The KSE-100 index closed in red by 27.84 points, or 0.08 per cent, at 46,905 points on Thursday. The index again tested the three-year-high 47,000 level, but strong resistance put up by the bears did not allow it to hold …

KARACHI: Stocks re­­mained subdued for the ­second day of the week as the global markets were ­rattled over the second and more contagious strain of coronavirus. International oil prices plunged as demand was feared to decline on revision of the pandemic impact on world economies. After an initial gain that took the KSE-100 index to intra-day high by 145 points, …

KARACHI: The stock market extended rally for the third straight day on Thursday with the benchmark KSE-100 index accumulating another 503.66 points (1.26 per cent) and close at 40,353.62. It opened positive and remained bullish for all of the day with the index hitting intraday high by 562 points. The benchmark roared past the 40,000-level in the last hour. Traders …

KARACHI: Stocks plun­ged on Tuesday with the KSE-100 index recording a fall of 311 points (0.73 per cent) to close at 41,985. The market opened positive and the benchmark spiked to intraday high by 233 points. But the index started to slide within an hour, wiping out all the early gains. Shares began to fall like ninepins all across the …

KARACHI: The Pakistan stock market staged rally in another spectacular week with the KSE-100 index clocking in gains of 967 points (2.4 per cent) and settling at 42,023. The index crossed the 42,000-barrier for the first time after Jan 28, which meant that it had managed to recover all of the mind-boggling losses suffered when the benchmark had its nadir …

KARACHI: After a day of a crawl, the stock market returned to another massive upsurge that saw the KSE-100 index propel 1,277.10 points (4.33 per cent) to storm past the 30,000 level and settle at 30,782.67. Most investors were bewildered as the index opened gently in the positive but started to take big strides to the north. Including the hefty …

KARACHI: Stocks extended rally into the second day with the KSE-100 index recording a massive surge of 816.67 points (2.06 per cent) and closing above the 40,000-level at 40,531.13. Although the index has more than offset the declines of 847points seen on Tuesday, it has still to make up for the nearly 10pc meltdown from 43,800 that the benchmark had …

KARACHI: The first day of change in circuit breakers to 5.50 per cent from 5pc was put to test on Monday when the stocks tumbled with number of shares hitting their new lower lock. The KSE-100 index started out on a positive note and took off to its intraday high 135 points, before giving in to selling pressure that kept …

KARACHI: Stocks rallied on first trading day of the week, recording stellar gains of 837 points (2.13 per cent) to zoom past the 40,000-level after nine months and close at 40,124. In the last four consecutive days of positive closing, the index has accumulated gains of 2,339 points (6.2pc). The significant feature of trading on Monday was the thundering participation …

KARACHI: The benchmark KSE-100 index extended losses from Wednesday dipping 539 points (1.8 per cent) on Thursday to close at 29,783, falling below the psychological level of 30,000. The markets were affected by the ongoing political compression over the Kashmir issue with the arrest of PML-N Vice President Maryam Nawaz Sharif further fuelling uncertainty. Energy stocks emerged as the major …