Latest Breaking News On - பொஜி உரம் நிறுவனம் வரையறுக்கப்பட்டவை - Page 3 : comparemela.com
KSE-100: Covid fears weigh down index by 93 points
April 22, 2021
Investors treaded cautiously at Pakistan Stock Exchange (PSX) on Wednesday, as overall lack of positive triggers, and rising Covid fears restrained the index and resulted in range-bound trading.
On Wednesday, the benchmark KSE-100 opened on a bullish note and touched intra-day high at 45,626.88 level after gaining 227.1 points. However, paring early gains the index reversed its trajectory and clocked at 45,306.54 level by the closing bell after posting a 93 points loss.
During the session the market was gripped with fears of rising Covid cases, after the Federal Minister for Planning and Development and the Chief of the National Command and Operation Centre (NCOC) Asad Umar on Wednesday issued a warning and said that if the coronavirus situation continues to worsen in the country, the government will be compelled to impose more restrictions, which dampened investors’ confidence.
Nishat
Sindh
Pakistan
Engro-corporation
Insurance-companies
Oil-gas-exploration-companies
Pakistan-stock-exchange
Oil-gas-development-company
Worldcall-telecom
Technology-communication
Unity-foods
KSE-100: Protests, strikes dents market sentiment; index loses 392 points
April 20, 2021
Bears returned to the Pakistan Stock Exchange (PSX) on Monday, over rising uncertainty owing to violent protests in Lahore and subsequent calls of countrywide strike.
On the first trading session of the week, the benchmark KSE-100 opened on a negative note and touched intra-day low at 44,611.83 level after losing 693.8 points. However, paring early losses, the index clocked at 44,913.57 by the closing bell after posting loss of 392 points
During the session the market reacted to rising uncertainty in the country, owing to violent protests by the banned outfit in Lahore and subsequent calls of a nationwide strike by former chairman of the Ruet-e-Hilal Committee, Mufti Muneebur Rehman, which was backed by JUI-F chief Maulana Fazlur Rehman and JI Chief Sirajul Haq. The rising political noise dented the sentiments and kicked off a selling pressure.
Lahore
Punjab
Pakistan
Maulana-fazlur-rehman
Sirajul-haq
Muneebur-rehman
Honda-atlas-cars-pakistan
Hub-power-company
Pakistan-state-oil
Ruete-hilal-committee
Pakistan-stock-exchange
Worldcall-telecom