KSE-100: Stocks press pause, as profit-taking breaks rally dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
The capital markets remained positive throughout Wednesday s session as a variety of positive developments increased investors’ risk appetite. AFP/File
The Pakistan Stock Exchange (PSX) on Wednesday recorded an all-time high daily trading volume, with Planning Minister Asad Umar attributing the development to the market reacting to signs of sustained economic recovery.
The capital markets remained positive throughout today s session as a variety of positive developments increased investors’ risk appetite, registered by a record high traded turnover of 1.56 billion shares. New daily traded volume record set on the [PSX]. Today s volume exceeded previous record by 39 per cent, Umar tweeted.
He said it was reflective of the market reacting to signs of sustained recovery and the successful containment of the Covid 3rd wave . though risk still remains .
Stocks fall for second consecutive day - Newspaper dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.
KSE-100: Stocks stay flat amid absence of triggers
April 14, 2021
Stocks failed to figure out a direction on Tuesday, as absence of triggers and Covid-19 fears continue to weigh on market sentiments.
On Tuesday, the benchmark KSE-100 opened on a positive note and touched intra-day high at 45,133.41 level after gaining 155.36 points. However, paring earlier gains, the index reversed its trajectory and touched intra-day low at 44,780.06 level after losing 197.99 level.
By the closing bell the benchmark index gained, merely 70.52 points to clock at 45,048.57 level.
During the session the market cheered strong inflows from overseas Pakistani in the form of remittances which exceeded $2 billion for the10th consecutive month in March and clocked at $2.7 billion – up 43 per cent from a year earlier, the State Bank of Pakistan (SBP).