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Topic: Stock
stock exchange flourishes
May 19, 2013

Stock exchange flourishes

The May 11, elections have breathed a new life into the Karachi Stock Exchange and the hundred index has crossed all time high of 20,000. The results of the election have renewed investors confidence, and the business friendly PML-N victory has enhanced the faith in the financial market. This much ...

SECP wants efficient, transparent stock market

islamabad - The Securities & Exchange Commission of Pakistan (SECP) has endeavored to continue its efforts for the development of a transparent and efficient stock market by ensuring investors’ protection and strengthening the enforcement procedures.  Adopting an aggressive approach ...

Foreign buying up by 8.03m in local stock market

ISLAMABAD - The trading activities of foreign investors have witnessed a surge on Thursday against local investors and it stood at $8.03m. Of Foreign Investors Portfolio Investments (FIPI), foreign corporates remained the main buyer in capital markets by taking positions worth $8.18m in capital ...

PSEs privatisation through stock exchange to ensure transparency

lahore - SALMAN ABDUHU - Running public sector enterprises is not the government’s job, and that sensible change in management with ownership can turn these loss-making enterprises into profitable ventures.“Privatisation of Railways, PIA and PSM is the only solution to several economic ...

EU observers take stock of poll preparations

our staff reporterhafizabad -  A two-member European observers team held a meeting District Election Commissioner to take stock of the arrangements made for the general election here in the district.Members of the EU team Annie Lise and Bartosz Filip also called on Returning Officer Hafizabad ...

Stock market gained 1.7 per cent despite political ambiguity

LAHORE - Despite delay in announcement of a caretaker PM that played on investor’s nerves, bulls had their upper hand at the local bourse. Resultantly, the KSE 100-index closed the week at the 17,963 level, a gain of 1.7 per cent WoW with improved average daily turnover of 186 million ...

Stock investors stayed cautious amid uncertain environment

LAHORE - Investors were kept on their toes throughout the week as an uncertain law and order situation coupled with sector specific regularity issues dictated sentiment at the KSE. Ambiguity on various fronts led KSE 100-index to close at the 17,964 level, down 1.2 per cent WoW. Low investor ...

Stock market witnesses bullish trend

KARACHI – The Karachi stock market closed bullish on Thursday with investor interest in stocks across the board on speculations for rate cut in SBP policy announcement.The benchmark KSE 100-share index gained 61.89 points or 0.37 percent to close the day at 16806.58 points as compared to ...

Stock market gains 52.26 points on policy rate cut hopes

KARACHI - Market for the first time in history has crossed 16,000 marks during the trading session. Increased participation was seen from both individual and institutional investors as volumes also increased to 189m shares. Investors think that lower inflation will force central bank to further ...

stock market 1 3 cent wow
September 17, 2012

Stock market up by 1.3 per cent WoW

LAHORE - Investors interest at the local bourse this week was stimulated by both company specific and macro events. Highlights of the week included: 1) Fed’s decision to launch a third aggressive stimulus programme to rescue the US economy; 2) 0.44 per cent YoY decline reported in 2MFY13 ...

Stock market sheds 83 points as investors book profits

KARACHI - Stock closed lower on profit-taking post major earning announcements at KSE. Consolidation in blue-chip stocks, uncertainty in global stocks and commodities, security concerns in the city and concerns for rising circular debt in Pakistan energy sector played a catalyst role in bearish ...

Stock market closes slightly higher amid thin volume

KARACHI - Equity market closed higher amid thin trades as investors remained cautious ahead of federal budget announcements due next month.At Karachi stock market benchmark KSE-100 share index gained 17.96 points or 0.13 percent to close the day at 13,875.74 points as compared to the 13,857.78 ...

Stock index gains 254 points on foreign buying

KARACHI - Karachi stock market closed bullish amid renewed institutional and foreign interest lad by blue chip oil and banking stocks ahead of quarter end earning announcements due next week. At Karachi stock market benchmark KSE-100 share index posted fresh gain of 254.22 points or 1.86 percent on ...

Stock market sheds 98 points as investors book profits

KARACHI - Stocks closed lower at KSE on first day of business week after gaining 4pc last week. Investors preferred to book profits as a result KSE Index trimmed down by 0.9 per cent.At Karachi stock market benchmark KSE-100 share index shed 98.44 points or 0.72 percent to finish the day’s ...

Stock market sheds 16pts on profit-taking

KARACHI - Stocks closed lower at KSE after SECP chair confirms delay in revised CGT regime on legal issues. Fall in global stocks and commodities on growth worries across the globe and limited foreign interest played a catalyst role in bearish sentiments at KSE, analyst observed here on Thursday.At ...

Stock market closes slightly lower in volatile week

LAHORE - The local bourse witnessed a volatile week as prolonged hearing of Prime Minister’s contempt of court charge dented investors’ sentiments. Furthermore, investors also adopted a cautious approach as they keenly await the SRO on changes in the Capital Gains Tax (CGT) regime. ...

Stock investors remain on sidelines

KARACHI – The Karachi stock market closed lower on Thursday as investors preferred to remain on the sidelines.The benchmark KSE 100-share index lost 19.83 points or 0.15 per cent to stop the last working day of week at 13,273.29 points as compared to 13,293.12 points of the previous session. ...

stock market volume 2-
March 09, 2012

Stock market volume at 2-year high

KARACHI - Volumes at Karachi bourse touched 2-year high with more than 350 million shares traded due to retail investors’ interest in smaller cement stocks.At local bourse benchmark KSE-100 index was higher by 26.44 points or 0.20 percent at 13,271.39 as compared to 13,244.95 points a day ...

Lack of awareness hinders growth of stock markets

ISLAMABAD  - Speakers at a seminar here on Saturday said that lack of awareness among the majority of population was the main hindrance in the development of stock markets.Addressing a seminar organized by Association for Investors Awareness (AIA) in collaboration with the Islamabad Stock ...

Stock market gains 18 points on institutional support

KARACHI - Stocks closed higher at KSE amid trading in narrow range with lower trades after Supreme Court bench framed charge against PM Gilani for non compliance on NRO implementation. At Karachi stock market KSE-100 share index increased 18.40 points or 0.15 percent to finish the day at 12,250.00 ...

Karachi Stock Exchange gains 249 points amid result season

LAHORE - The equity market continued with its corrective movement with the result season in full swing. However, investors opted for some profit taking after International Monetary Fund’s (IMF) report depicted a bleak outlook on Pakistan’s economy. Expert said that some result ...

9 sentenced london stock exchange terror plot
February 09, 2012, 9:53 pm

9 sentenced for London Stock Exchange terror plot

A British judge has sent nine men to prison for plotting to set up a terrorist training camp and bomb the London Stock Exchange. Mohammed Chowdhury, 21; Shah Rahman, 28; Gurukanth Desai, 30; and Abdul Miah, 25, admitted planning to plant a homemade bomb in the stock exchange toilets. Two others ...

revamping cgt pollute stock markets
January 30, 2012

Revamping CGT to pollute stock markets

ISLAMABAD  – International tax consultant and expert on studying international money laundering operations and drug economy, Dr Ikramul Haq, on Sunday said allowing injection of black money in the stock markets will not only facilitate money laundering but also have negative impact for ...

govt eases stock market tax rules spur trade
January 22, 2012

Govt eases stock market tax rules to spur trade

KARACHI - Federal Finance Minister Dr Abdul Hafeez Shaikh says the government has decided to ease rules on capital gains tax to revive trading volumes hit by the imposition of the levy.“We agree on proposals of the stock exchange to support activity and positive growth,” Shaikh said ...

stock market slides profit-booking
January 20, 2012

Stock market slides on profit-booking

KARACHI – After rising by more than 500 points in the last few sessions, the Karachi stock market closed lower on Thursday on institutional profit-taking in overbought stocks.The benchmark 100-share index shed 32.13 points or 0.28 per cent to close at 11,515.59 points as compared to 11,547.72 ...

Stock market loses 174 points on foreign-led panic selling

KARACHI - The Karachi stock market witnessed panic selling across the board on Thursday on renewed foreign selling, led by blue-chip oil stocks.The KSE 100-index decreased 1.47 percent or 174.09 points to close at 11187.88 levels, KSE-Allshare Index lost 1.44 percent or 113.08 points to finish at ...

india stock market foreign investors
January 02, 2012

India opens stock market to foreign investors

NEW DELHI - India announced on Sunday that it would open up its stock market to individual foreign investors for the first time, in a major economic reform designed to boost overseas investment.The Indian economy has grown strongly over the last 15 years and many foreign investors have been keen to ...

pak stock market profitable: arif habib
December 28, 2011

Pak stock market most profitable: Arif Habib

ISLAMABAD ( NNI) – Leading stockbroker of the country Arif Habib on Tuesday said economy is improving but we are faced with a bigger problem of perception which needs to be changed for the sake of national development.Speaking at a reception held in his honour by Ruhi Farzana Shafi, he said ...

Stock Market Falls 16week Low
December 17, 2011

Stock market falls to 16-week low

KARACHI (Reuters) The Karachi stock market closed at near 16-week low on Friday amid concerns over the relationship between the civilian government and the military. The Supreme Court is examining a petition demanding an investigation into a controversial memo accusing the military of plotting a ...

Unchanged monetary policy depresses stock market investors

LAHORE The unchanged monetary policy by the State Bank kept the stock market investors depressed during the outgoing week. The KSE 100-share index closed at 11,372 points, declining by 276 points or 2.4 percent WoW. Average volumes remained dismally low at 37 million shares, though on a WoW basis, ...

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