Archive for the Karachi Stock Exchange Category

Bears return to KSE at weekend

Posted on July 4, 2009

KARACHI: The benchmark KSE-100 Index of Karachi Stock Exchange (KSE) Friday slipped 27 points to close at 7,471. The share market started today’s journey in the green zone but selling in energy and cement sectors in the second session switched the Index into the negative mode. The trade volume stood at 180 million shares today. [...]

Aggressive buying at KSE; Index surges by 228 points

Posted on July 4, 2009

KARACHI: Bulls returned to Karachi Stock Exchange (KSE) on Thursday as aggressive buying pushed the benchmark KSE-100 up by 228 points to close at 7,498. Investors were seen taking fresh positions in various stocks on expectation of interest rate cut in the upcoming monetary policy besides steps taken to reduce rate of profit on National [...]

KSE-100 Index climbs over 7,200 level

Posted on July 1, 2009

KSE-100 Index, State Bank of Pakistan, DG Khan Cement,

KSE-100 Index sheds 12 points at weekend

Posted on June 19, 2009

KARACHI: The benchmark KSE-100 Index at Karachi Stock Exchange (KSE) dipped by 12 points to close at 7,039 on Friday. The stock market began its today’s journey in green territory but later selling in cement and banking scrips eroded the early hour gains and the major Index closed in the red zone. The market turnover [...]

Regularization scheme to continue till June 30: SECP

Posted on June 19, 2009

KARACHI: Securities and Exchange Commission of Pakistan”s (SECP) will continue the regularization scheme of companies till June 30, 2009. According to the SECP announcement, under the regularization scheme of companies, the defaulter companies have been urged to get their fresh regularization. According to the SECP, this scheme will be benefitted until June 30, 2009.

KSE finishes the week slightly negative

Posted on June 13, 2009

KARACHI: The benchmark KSE-100 Index of Karachi Stock Exchange (KSE) after see-sawing throughout the two sessions closed 32 points down to 7,059. The major Index remained volatile and kept witnessing fluctuations during the two sessions on last trading day of the week and finished the day slightly negative. The deteriorating law and order situation in [...]

Selling continues at KSE, erodes 112 points

Posted on June 5, 2009

KARACHI: Karachi Stock Exchange remained under selling pressure on Thursday as the benchmark KSE-100 Index further lost 112 points to close at 6,878. Today’s trade started in a positive zone but later selling in energy and banking stocks eroded the day’s gains and brought the major Index below 6900 level. The market turnover was registered [...]

KSE enlisted in Dow Jones regional Index

Posted on June 3, 2009

KARACHI: Karachi Stock Exchange (KSE) has been enlisted in the Regional Index of Dow Jones under the category of Euro Asian Region. A KSE statement said, ten to 12 member countries’ exchanges have been included in this Index series. Stock exchanges of UAE, Oman, Bahrain, Muscat and Turkey are among these.

Selling pressure continues at KSE

Posted on June 2, 2009

KARACHI: Continued selling pressure further eroded values of leading scrips at Karachi Stock Exchange (KSE) Tuesday as 100-Index lost 85.23 points to close at 7125.11. The turnover volume was also low at 83.518 million shares as prices of 84 scrips recorded gains while 211 sustained losses and 13 remained unchanged. According to market analysts the [...]

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 [...]