Bulls, bears play hide and seek in PSX
KARACHI – After a long as well as historic spell of sustained bulls’ rule in the Pakistan Stock Exchange , selling pressure was witnessed in the stock market, causing the benchmark KSE-100 Index to lose more than 1,000 points during the opening hours of trading on the start of the week.
A while after the selling pressure dissipated, the bulls returned to the market, with the KSE-100 index gaining more than 750 points. Initially, selling seemed to become a rage in key sectors including commercial banks, oil and gas exploration companies, OMCs and power generation. According to the market experts, the sudden meltdown in the market was due to the government’s decision to constitute a high-level committee to resolve the pending issue of the Advances to Deposit Ratio in the banking sector.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Political uncertainty causes PSX 100 Index to plunge 5,245 points from historic highAbb Takk News
مزید پڑھ »
PSX KARACHI: KSE-100 INDEX TAKES ANOTHER STEP UPWARDS EXCEEDING 100,000 POINTSThe Pakistan Stock Exchange (PSX) has seen a continued growth for a second consecutive day, with the KSE-100 index reaching a new milestone. On Nov 28, the KSE-100 index crossed 100,000 points barrier, a historic high of 100,346 points, following a month-long bullish trend.
مزید پڑھ »
Stocks take U-turn after plunging by 1,300 points at PSXThe share prices made a sharp U-turn at Pakistan Stock Exchange after plunging by about 1,300 points during business on Monday, reported 24NewsHD TV channel. As the trading began, the stocks witnessed an all-out sell-off sinking the benchmark KSE-100 index by about 1,300 points in not time.
مزید پڑھ »
Pakistan Stock Exchange scales all-time high amid brisk buyingBulls run riot at the Pakistan Stock Exchange (PSX) on Friday as the bourse surpassed the highest-ever high of 98,000 points during trading in opening session, reported 24NewsHD TV channel. The PSX's benchmark KSE-100 index jumped by 1,364.25 points or 1.38 percent to climb to 98,692.
مزید پڑھ »
PSX continues promising streak with 94,743 on boardPSX continues promising streak with 94,743 on board
مزید پڑھ »
PSX continues promising streak with 95,275 on boardPSX continues promising streak with 95,275 on board
مزید پڑھ »