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Kse-100: Stocks battered over fears of additional Covid restrictions; index lost 600 points May 1, 2021 Stocks at Pakistan Stock exchange were hammered on the last trading day of the week as index continued to lose ground to selling pressure over rising political uncertainty, while rising covid-19 cases in the country have also stoked fears of complete lockdown- denting market sentiments. On Friday, the benchmark kse-100 opened on a positive note and touched intra-day high at 45,056.90 level after gaining 193 points, but reversing its trajectory the index lost 711.42 and touched intra-day low at 44,151.69 level. However, the index clocked at 44,262.35 level by the closing bell after posting a 600.75 points loss. ....
Business May 1, 2021 Stocks suffered another blow on Friday as investors fiercely hedged their bets given the virus crisis, cold-shouldering some good results at the end of the rollover week, dealers said. Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index shed 1.34 percent or 600.76 points to close at 44,262.35 points. Volumes were almost flat at 293.74 million shares from 280.67 million shares in the last trading session. Topline Securities in a note said the market opened on a positive note as index gained to make an intraday high of 194 points, attributable to healthy result announcements at the opening. However, market soon came under selling pressure due to last day of rollover week and limited trading hours, the brokerage said. ....
KSE-100: Depleting volumes, Covid lockdown fears weigh down index by another 196 points 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.
Bank Al Habib Limited has posted a handsome profit of Rs. 4.6 billion, which is 60.9 percent higher than the corresponding period last year. Its profit ....