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Stocks head further south as hedge-betting intensifies


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. ....

Muhammad Mubashar , Hub Power Company , National Bank , Habib Bank , National Refinery , Brokerage Arif Habib , Operation Centre , Pakistan Stock Exchange , Bank Al Habib , Standard Chartered Bank , United Bank , Stock Exchange , Arif Habib Limited , Netsol Technologies , Unity Foods , Deliverable Future Contract , Shifa Hospital , Systems Limited , National Command , Sapphire Textile , Morris Pakistan , Telecard Limited , மையம் பவர் நிறுவனம் , தேசிய வங்கி , ஹபீப் வங்கி , தேசிய சுத்திகரிப்பு நிலையம் ,

Stocks remain on ropes as economic uncertainty deepens


Stocks remain on ropes as economic uncertainty deepens
Business
April 30, 2021
Capital market rout prevailed amid volatile trade as investors continued to pull out, bracing for further tightening of economic activities owing to worsening virus situation, dealers said.
Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index shed 0.44 percent or 196.01 points to close at 44,863.11 points, while volumes shrank to 280.67 million shares from 305.7 million on Wednesday.
Brokerage Topline Securities in a note said after a slight positive opening the market traded sideways in thin volume, making an intraday low of 278 points.
Investors were concerned about rising Covid-19 cases and rise in smart lockdowns following a meeting of NCOC (National Command Operation Center), it added. ....

Muhammad Mubashir , Colgate Palmolive , Brokerage Arif Habib , Gatron Industries , Ahsan Mehanti At Arif Habib Corp , Asian Development , Pakistan Stock Exchange , Hascol Petroleum , National Command Operation Center , Stock Exchange , Topline Securities , Pearl Securities , Arif Habib Corp , Arif Habib Limited , Sapphire Textile , Ghani Global , Telecard Limited , முஹம்மது முபாஷிர் , கோல்கேட் பால்மொலிவே , தரகு ஆரிப் ஹபீப் , ஆசிய வளர்ச்சி , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , தேசிய கட்டளை செயல்பாடு மையம் , ஸ்டாக் பரிமாற்றம் , மேல் வரி பத்திரங்கள் , முத்து பத்திரங்கள் ,

Stocks muted as lockdown noise grows louder


Stocks muted as lockdown noise grows louder
Business
April 22, 2021
Stocks muted on Wednesday as lockdown noise grew louder given the Covid rampage, even eclipsing some lustrous corporate results, dealers said.
Pakistan Stock Exchange’s (PSX) KSE-100 Shares Index lost 0.21 percent or 93.24 points
to close at 45,306.54 points. Volumes ticked up to 387.908 million shares from 343.28 million on Tuesday.
A A H Soomro at KASB Securities said market remained flattish-to-red as index kept oscillating in a narrow band in the earnings week as investors weighed the strong possibility of further targeted lockdowns.
“So far, even the good results haven t been able to cheer their share prices. Today s warning from NCOC presents a grim picture of next few days/weeks as hospital capacities are overwhelmed,” Soomro said. ....

Pakistan Stock Exchange , National Refinery , Brokerage Arif Habib , Worldcall Telecom , Gatron Industries , Arif Habib , Ahsan Mehanti At Arif Habib Corp , Stock Exchange , Arif Habib Limited , Arif Habib Corp , Power Cement , Maple Leaf Cement , Pioneer Cement , Pakistan Refinery , Attock Refinery , Island Textile , Sapphire Textile , Unity Foods , பாக்கிஸ்தான் ஸ்டாக் பரிமாற்றம் , தேசிய சுத்திகரிப்பு நிலையம் , தரகு ஆரிப் ஹபீப் , ஆரிப் ஹபீப் , ஸ்டாக் பரிமாற்றம் , ஆரிப் ஹபீப் வரையறுக்கப்பட்டவை , ஆரிப் ஹபீப் கார்ப் , பவர் சிமென்ட் ,