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Hammad Malik
Joined on: Nov 30, -0001 Published stories: 55

Articles By Hammad Malik

KSE-100 Index: Daily Overview – November 3

The KSE-100 index, after closing in the negative zone on Wednesday, November 2, gained 61 points on Thursday, November 3 to close at 11,807 points, surpassing the 11,800 mark for the first time this month. Volumes remained low throughout the trading session, locking in 61.487 million shares during the day. 70% of OGDC’s free float […]

KSE-100 Index: Daily Overview – November 2

Stability returned to the KSE-100 index as it survived pressure across the board to close at 11,746 points, shedding only 17 points on Wednesday, November 2. Volumes continued to plunge, dropping down to 63.86 million after clocking the 84.4 million mark of Tuesday, November 1. There was no major attraction for investors today, the only […]

KSE-100 Index: Daily Overview – November 1

Failing to hold on to the bullish trend, the KSE-100 Index dropped 106 points to close at 11,763 points on Tuesday, November 1. Volumes dropped below the 100 million mark yet again with 84.4 million shares being traded in the first session of November. After gaining more than 550 points in the last two sessions, […]

KSE-100 Index: Daily Overview – October 31

The KSE-100 index, after closing positively on Friday, October 28, gained 307 points on Monday, October 31 to close at 11,869 points, 161 more than where it started in October. Volumes remained low throughout the last week, but crossed the 100 million mark in the first session of this week, primarily due to buying in […]

Weekly Overview: KSE-100 Index upholds the 11,500 mark amid bearish trend

The KSE-100 Index remained bearish for the first three days of the week before finally rebounding in the last session on Friday, October 28 to close at 11,562 points after having seen the monthly-low of 11,283 points on Thursday, October 27. After four consecutive sessions of bearish activity, including Friday of last week, analysts declared […]

KSE-100 Index: Daily Overview – October 28

After four sessions of bearish activity, the KSE-100 index gained 278 points or 2.47% to cross the psychological barrier of 11,500 and finish at 11,561 points on Friday, October 28. It had been largely anticipated by observers that political processions in Lahore might have a negative impact on the market, but positive activity in OGDC, […]

KSE-100 Index: Daily Overview – October 27

Negative sentiment prevailed in the market yet again as the KSE-100 index lost another 104 points to close at 11,283 points on Thursday, October 27. The index shed 130 points yesterday to fall below the psychological barrier of 11,500 points and it now remains to be seen if the 11,000 mark can be sustained. After […]

KSE-100 Index: Daily Overview – October 26

KSE-100 Index: Daily Overview – October 26 The KSE-100 Index failed to sustain the 11,500 point barrier, shedding 130 points on Wednesday, October 26 to close at 11,387 points to reach the lowest level in the October. Although volumes showed improvement at 80.9 million shares, the sentiment remained negative throughout the session. FFBL announced its […]

KSE-100 Index: Daily Overview – October 25

After a rather long weekend, the KSE-100 index continued from where it left in the previous week, shredding 8 points to close at 11,517 points on Tuesday, October 25. Pakistan People Party’s former chairperson and wife of Zulfiqar Ali Bhutto, Begum Nusrat Bhutto, passed away on Sunday, October 23 in Dubai. The government, in respect, […]

KSE-100 Index: Daily Overview – October 20

After dropping 272 points on October 19, the KSE-100 index gained 45 points on Thursday, October 20 amid news of relaxation in banking regulations to close at 11,685 points. There was a rumour that the government has relaxed the FSV regulation for banks and thus the previously monotonous sector, showed signs of life with investors […]

Government assures refund of old-age, social security deposits to Textile exporters

In a bid to improve the economic activity of the country, the Government of Pakistan has decided to refund old-age benefit and social security deposits to registered textile exporters. Secretary of Textile Ministry Shahid Rashid signified the importance of the textile industry and highlighted that this sector remains to be the biggest source of foreign […]

Financial markets: Stocks stable albeit conducive conditions

Amid depreciation in the Pakistan Rupee against the US Dollar, stocks have shown a steady trend in October. The exchange rate shows how much one currency is currently worth in terms of the other. If the value of the local currency increases in terms of the foreign currency, the local currency is said to be […]

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