Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Karachi: (Monday, July 02, 2012) As volatile as ever to the news about Pakistan’s international relations, particularly with the US, the Karachi Stock Exchange exhibited an increasing trend mainly due to the hopes for improved ties with the United States in the near future. Sharing details over the market activity today, a dealer said that […]
KSE up on news about PAK US ties to get softened Karachi: (Monday, June 18, 2012) Following news about the strife between US and Pakistan getting down in next few weeks, the country’s main stock market exhibited recovery as the business closed today. Such positive news left a good impression on the KSE 100 index […]
Pakistan-USA rift over NATO supply routes downs KSE Karachi: (Wednesday, June 13, 2012) The deteriorated relations between once front line allies against war on terror has started to impact Pakistan’s economy more visibly now. According to the news, buzzed with the recent rift created after US officials’ derogatory remarks about Pakistan, the buyers visibly exhibited […]
Declining Rupee puts stocks under pressure Islamabad: (Thursday, May 31, 2012) With the investors panicked by the sustained decline in Pakistani rupee versus US dollars, stocks at the main markets observed bearish trends and fell significantly. Explaining the phenomenon, investors said that the buyers were concerned by the depreciating rupee. Perhaps that was the reason […]
KSE observes a mixed trend, 100-index closes marginally lower Karachi: (Tuesday, April 17, 2012) The Karachi Stock Exchange, that is witnessing a dipping trend since the beginning of this week, observed the 100-index going down further, albeit to a lower margin. As the day closed today, the 100-index ended 0.05 percent down or at 6.48 […]
Karachi stock exchange closes at four-year high today Karachi: (Wednesday, March 28, 2012) Karachi Stock Exchange today exhibited an encouraging trend today as after witnessing an improvement of 0.9 per cent the 100-index closed at 125.68 points higher. Business activity at KSE was mainly led by banking and cement sector amid the two sectors’ enormous […]
Shell Petroleum profits plunges by 44 percent Karachi (Wednesday, March 7, 2012): Shell Petroleum, which is second largest oil marketing company, has seen its profits dip in Pakistan by an amount of Rs906 million (or 44 percent) during the year 2011. The sudden plunges in the profits are caused by the growing receivables that have […]
Speculations over army and civilian government hit the KSE; Local Equities down at four-month low Karachi (December 16); amid the speculation of a deteriorated relationship between military and the civilian government over the memo-gate issue, the investors in the KSE have expressed their concerns by showing a lower interest in trading as the local equities […]
In an extra-ordinary meeting called on by Karachi Stock Exchange (KSE) on Thursday, the stock brokers have unanimously agreed to reject the proposal of raising the term in office of the directors on the board of the bourse to two years. The KSE directors are currently having a one-year term at the office and a […]
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 […]
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, […]
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 […]
