Author Archives: Our Equities Correspondent
17 hours ago
Equities recover 120 points
KARACHI, May 17: Shares rebounded on the stock market on Friday with the KSE-100 index recovering 120.43 points to close at 20537.03 points.
KARACHI, May 17: Shares rebounded on the stock market on Friday with the KSE-100 index recovering 120.43 points to close at 20537.03 points.
2 days ago
Energy scrips lead decline on stock market
KARACHI, May 16: The relentless rally for the 11th straight sessions came to a halt on Thursday as the bulls took a breather. The KSE-100 index pulled back by 150.09 points or 0.73 per cent to close at 20416.60 points.
KARACHI, May 16: The relentless rally for the 11th straight sessions came to a halt on Thursday as the bulls took a breather. The KSE-100 index pulled back by 150.09 points or 0.73 per cent to close at 20416.60 points.
3 days ago
MD NIT removed
KARACHI, May 15: Wazir Ali Khoja has been removed from his post of Managing Director National Investment Trust (NIT) by the Finance Division (Investment Wing) of the government.
KARACHI, May 15: Wazir Ali Khoja has been removed from his post of Managing Director National Investment Trust (NIT) by the Finance Division (Investment Wing) of the government.
3 days ago
Stocks maintain bull-run
KARACHI, May 15: The stock market continued the winning streak on Wednesday with the KSE-100 index, posting gain of 92.07 points to settle at 20,566.69 points.
KARACHI, May 15: The stock market continued the winning streak on Wednesday with the KSE-100 index, posting gain of 92.07 points to settle at 20,566.69 points.
3 days ago
Stocks add 229 points to overnight rally
KARACHI, May 14: Stocks carried on relentless rally at the stock market on Tuesday, extending further gains in share prices.
KARACHI, May 14: Stocks carried on relentless rally at the stock market on Tuesday, extending further gains in share prices.
14th May, 2013
Stocks settle above 20,000-level
KARACHI, May 13: The Karachi stock market warmly greeted the election results with KSE-100 index up by a staggering 328.55 points or 1.65 per cent on Monday, the first post-election trading session.
KARACHI, May 13: The Karachi stock market warmly greeted the election results with KSE-100 index up by a staggering 328.55 points or 1.65 per cent on Monday, the first post-election trading session.
14th May, 2013
S&P sees stable rating on Pakistan
KARACHI, May 13: Standard and Poor’s (S&P) Ratings Services stated on Monday that Pakistan’s parliamentary election results had set the stage for longer-term stability of ‘B-’ sovereign credit rating on the country.
KARACHI, May 13: Standard and Poor’s (S&P) Ratings Services stated on Monday that Pakistan’s parliamentary election results had set the stage for longer-term stability of ‘B-’ sovereign credit rating on the country.
11th May, 2013
KSE-100 index at all-time high
KARACHI, May 10: Stocks posted massive gains for the third day in a row on Friday with the KSE-100 index up by 255 points to settle at new all-time high of 19,916 points.
KARACHI, May 10: Stocks posted massive gains for the third day in a row on Friday with the KSE-100 index up by 255 points to settle at new all-time high of 19,916 points.
10th May, 2013
Stocks gain 188 points on foreign buying
KARACHI, May 9: Stocks moved full steam ahead on Thursday with the KSE-100 index posting staggering gains of 188.91 points or one per cent to close at new record best at 19,661.46 points
KARACHI, May 9: Stocks moved full steam ahead on Thursday with the KSE-100 index posting staggering gains of 188.91 points or one per cent to close at new record best at 19,661.46 points
9th May, 2013
Stocks stage rally of 209 points
KARACHI, May 8: A surprise strong rally triggered and led by foreign investors saw the KSE-100 index climb by staggering 209.81 points or 1.09 per cent to close at 19,472.55 points on Wednesday.
KARACHI, May 8: A surprise strong rally triggered and led by foreign investors saw the KSE-100 index climb by staggering 209.81 points or 1.09 per cent to close at 19,472.55 points on Wednesday.
8th May, 2013
Investment firm’s rating upgraded
KARACHI, May 7: The Pakistan Credit Agency Limited has upgraded the long-term entity rating of PAIR Investment Company Limited (PAIR) to ‘‘AA” (Previous: AA-) and maintained the short-term rating at “A1+”
KARACHI, May 7: The Pakistan Credit Agency Limited has upgraded the long-term entity rating of PAIR Investment Company Limited (PAIR) to ‘‘AA” (Previous: AA-) and maintained the short-term rating at “A1+”
8th May, 2013
Equities manage modest gains
KARACHI, May 7: The stock market closed flat with a token gain of 6.04 points to settle at 19,262.74 points. The market seemed to be making efforts to close positive, though several indicators suggested that investor
KARACHI, May 7: The stock market closed flat with a token gain of 6.04 points to settle at 19,262.74 points. The market seemed to be making efforts to close positive, though several indicators suggested that investor
7th May, 2013
Stocks gain despite profit-taking
KARACHI, May 6: The KSE-100 index closed with measly gains of 30 points at 19,256.70 points on Monday. Although it represented a new high, the index retreated on extensive late session profit-taking, from the early morning heavy gains of 220 points, which had carried the benchmark to the day’s highest at 19,445.27 points
KARACHI, May 6: The KSE-100 index closed with measly gains of 30 points at 19,256.70 points on Monday. Although it represented a new high, the index retreated on extensive late session profit-taking, from the early morning heavy gains of 220 points, which had carried the benchmark to the day’s highest at 19,445.27 points
4th May, 2013
KSE 100-index gains 192 points
KARACHI, May 3: The rally continued full steam ahead on the stock market on Friday, even after the stocks had displayed stellar performance a day ago when the KSE-100 index comfortably crossed the 19,000 points
KARACHI, May 3: The rally continued full steam ahead on the stock market on Friday, even after the stocks had displayed stellar performance a day ago when the KSE-100 index comfortably crossed the 19,000 points
3rd May, 2013
Equities cross 19,000-barrier
KARACHI, May 2: As was expected the KSE-100 index finally crossed over the barrier of 19,000 points on Thursday to close at 19,034.53 points, posting gains of 52.11 points.
KARACHI, May 2: As was expected the KSE-100 index finally crossed over the barrier of 19,000 points on Thursday to close at 19,034.53 points, posting gains of 52.11 points.
1st May, 2013
Adamjee, PPL, FFC announce results
KARACHI, April 30: Several companies announced financial results on Tuesday. A few of significant interest to investors include the following:
KARACHI, April 30: Several companies announced financial results on Tuesday. A few of significant interest to investors include the following:
1st May, 2013
Stocks gain 159 points on foreign buying
KARACHI, April 30: Stock prices soared on Tuesday with the KSE-100 index recording a steep rise of 159.57 points to close slightly short of the 19,000-level, at 18,982.42 points.
KARACHI, April 30: Stock prices soared on Tuesday with the KSE-100 index recording a steep rise of 159.57 points to close slightly short of the 19,000-level, at 18,982.42 points.
30th April, 2013
Lucky, Engro and others announce results
KARACHI, April 29: The financial results announced on Monday by some of the major companies included the following:
KARACHI, April 29: The financial results announced on Monday by some of the major companies included the following:
30th April, 2013
Stocks tumble on political uncertainty
KARACHI, April 29: Stocks took a dip on Monday following substantial gains the previous week.
KARACHI, April 29: Stocks took a dip on Monday following substantial gains the previous week.
27th April, 2013
PIA posts Rs32bn loss
KARACHI, April 26: At the fag end of the result season, two state-owned listed entities declared financial results for varying periods on Friday
KARACHI, April 26: At the fag end of the result season, two state-owned listed entities declared financial results for varying periods on Friday
