Archive for the News/Updates Category

KSE allowed 6 month grace period to enter into UTS

Posted on June 2, 2009

ISLAMABAD: The Competition Commission of Pakistan (CCP) has allowed six-month grace period for entering into a Unified Trading System (UTS). The CCP’s announcement issued Monday states the KSE shall enter into a Unified Trading System (UTS) between Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE) in line with the international securities market that has [...]

Positive activity witnessed at KSE this week

Posted on May 30, 2009

KARACHI: Bulls remained dominant at Karachi Stock Exchange this week as the benchmark KSE-100 Index surged beyond 7,200 points. Investment by foreign investors in energy and cement stocks supported the major Index. The KSE-100 Index saw a gain of 131 points during this week.

KSE closes on negative note at weekend

Posted on May 29, 2009

KARACHI: The benchmark KSE-100 Index of Karachi Stock Exchange (KSE) witnessing a mixed trend on Friday closed 12 points down to 7,276. Although the Index set off with positive energy in the morning, it failed to sustain the gains in the second session due to selling in energy stocks. The market turnover was registered at [...]

KSE-100 Index inches up by 12 points

Posted on May 27, 2009

KARACHI: The benchmark KSE-100 Wednesday witnessed a mixed trend but managed to close 12 points up to 7,188. The stock market opened positive and at point the Index was seen at 7,268 points but the news of bomb blast in Lahore eroded most of the gains and the Index finished only with 12 points up. [...]

Tuesday Mixed trend prevails at KSE

Posted on May 26, 2009

KARACHI: A mixed trend prevailed at Karachi Stock Exchange (KSE) Tuesday as 100-Index gained 3.32 points to close at 7176.89. The turnover volume fell to 127.845 million shares as prices of 148 scrips recorded gains while 162 sustained losses and 10 remained unchanged. According to analysts, investors have adopted a cautious approach and were avoiding [...]

KSE-100 Index up 27 points

Posted on May 26, 2009

KARACHI: The benchmark KSE-100 Index of Karachi Stock Exchange gained 27 points to close at 7,173. The share market opened upbeat and remained positive throughout the first trading of the week. The market turnover was recorded at 140 million shares today. Pak PTA remained the volume leader which lost paisas 13 to close at Rs3.54. [...]

KSE market capitalization dips by one % this week

Posted on May 26, 2009

KARACHI: The total market capitalization at Karachi Stock Exchange registered one percent or Rs19 billion decline this week to Rs2.181 trillion. According to the figures released by KSE, the total capitalization last week stood at Rs2.137 trillion.

KSE-100 Index recovers 176 points, Friday

Posted on May 22, 2009

KARACHI: Buoyant trade activity was witnessed at Karachi Stock Exchange (KSE) on Friday as the benchmark KSE-100 Index witnessed recovery of 176 points to close at 7,146. The share market opened upbeat and witnessed buying throughout the two sessions. Trade volume was recorded at 200 million shares. Pak PTA was led the volume leaders which [...]

KSE-100 Index plunges below 7,000 level

Posted on May 21, 2009

KARACHI: Karachi Stock Exchange (KSE) on Thursday witnessed selling and the benchmark KSE-100 Index slid 91 points to close at 6,996. Market opened downbeat and selling pressure dominated the share market throughout the session, bringing the major Index down to the current level. At one point the Index plunged to 6,840 points but a statement [...]

Tuesday, KSE sheds 105 points

Posted on May 19, 2009

KARACHI: The Karachi Stock Exchange (KSE) 100-Index could not retain 7100 limit on Tuesday and shed 105 points. The market opened today in a positive zone but the selling pressure in energy and banking stocks turned it into negative trend. At the end of trading, the KSE index closed at 7067 points.