KARACHI - The Karachi stock market closed more than 1.6 per cent higher on Thursday as institutions stepped in following a rise in international oil prices and on hopes of healthy profits. A positive report for rising asset base and higher profitability for the banking sector in the SBP quarterly ...

KARACHI - Despite limited foreign interest in oil & gas sector and support from state-run funds, the Karachi stock market fell below the psychological level of 10,000 points on Tuesday as cautious investors booked profits on concerns over rising political uncertainty, poor law and order situation, ...

KARACHI - Bulls continued to dominate the stock market on the last day of the week as well and the KSE extended gains on Friday to close at a new 19-month high as investors were encouraged by the relative political stability and strong foreign portfolio inflows in recent weeks. The Karachi Stock ...

KARACHI - The local bourse witnessed a bullish session on Tuesday as benchmark KSE 100-index gained 99 points to close at 9,332 points. The news regarding Adamjee Insurance (AICL) getting into an agreement with Nishat Mills Limited (NML) to acquire stakes in AES Lalpir and AES Pak Gen. was said to ...

KARACHI - The stock market witnesses bearish activity on Friday as security situation in the country worsened after the Rawalpindi blast, while the 100-index shed 87 points and closed at 9,009 levels. Investors at the market remained concerned over prevailing political uncertainty, said leading ...

KARACHI - The Karachi share market witnessed a healthy buying on Wednesday and the KSE 100-index increased by 216 points and closed at 9155 point. The trading volume also increased to 133 million shares against 130 million last day. The KSE 30-index advanced by 268 points to peg at 9,683. Despite ...

KARACHI - Bulls made a strong come back at the Karachi Stock Exchange on the last trading day of the week as the investors gained some confidence ahead of September quarter results, while the KSE-100 index added 1.66 percent or 154 points to close at 9,455 points. Expectation of capital gain in ...

KARACHI - Intense selling forced the local bourse to fall below 9,500 psychological barrier on Monday as the benchmark-100 index shed massive 254 points or 2.64 per cent to close at 9,409 points. Sell-off in Oil and Gas exploration and marketing stocks kept the benchmark under pressure, while ...

KARACHI- The Karachi Stock Exchange continued its upward movement as the market crossed the 7,800 psychological barrier on Wednesday after the KSE-100 index added another 38 points to close at 7,835 points. Foreign inflow mania was quite visible during the session and even the local participants ...

LAHORE - United Bank Limited (UBL) and Pakistan State Oil (PSO) launched Pakistans first Auto Credit Card on a nation-wide scale on Tuesday. The UBL PSO Auto Credit Card offers 5% free fuel every time customers purchase fuel at a PSO outlet and 1% free fuel at any non-PSO outlet. In addition, it ...

Aggressive buying at Karachi Stock Exchange on Friday pushed the benchmark KSE-100 Index by 219 points to 6,826. Today's trade started in the green zone but kept on moving across the fence throughout the day. However, investors were seen taking positions in energy and banking stocks in the second ...

Share prices at the Karachi stock exchange fell more than 2 percent, as the market remained jittery on expectations of a discount rate hike -- amid heavy selling after downgrade in country-ratings on Wednesday. The market opened Thursday morning on a positive note but the speculations about ...

KARACHI - Karachi Stock Exchange-100 index has lost 1,578 points in the last 12 trading sessions amid prevailing political uncertainty in shape of impasse over the restoration of deposed judges, concerns on the economic fronts including a weak rupee coupled with ejection of foreign investment. ...