Posts tagged as: KSE100

Weekly Review: KSE-100 drops below 14,000 points

KARACHI:  The stock market continued to suffer heavy losses for the second week in a row, resulting in the benchmark KSE-100 index dropping below 14,000 points during the week ended on May 18. Profit-taking was witnessed throughout the week as investors chose to cash in on the recent highs touched by the index. With the […]

Market Watch: Fertiliser shares help KSE-100 recover 108 points

KARACHI:  The Karachi Stock Exchange’s (KSE) benchmark 100-share index recovered on Thursday and gained 0.96% or 108.68 points to close at 11,392.57 points compared to 11,283.89 a day earlier. Stocks rose nearly one per cent as bargain hunters accumulated fertiliser shares at attractive prices, dealers said. Consequently, Fauji Bin Qasim ended 4.29% higher at Rs52.70, […]

Market Watch: KSE-100 loses 128 points amid memo controversy

KARACHI: Pakistani stocks seemed to be in real trouble on Tuesday as the local benchmark index, the Karachi Stock Exchange (KSE)-100, took further beating and ended 127.79 points (1.07%) lower at 11,767, on turnover of only 28.37 million shares. Pakistani stocks ended lower in thin volume amid a raging controversy over a mysterious memo in which […]

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