#100-index

Hurray! KSE scales 34,000pts level; up 257pts, 0.76% to climb up to 34044pts level

KARACHI: Buoyant stocks made another history as benchmark mark KSE 100-index scaled the landmark 34044.29 points level, going up 257.85 points or 0.76 percent in early trading on Monday, ahead of the monetary policy statement by State Bank of expected on Jan 24.

Buoyed at the expected cut in policy rate of 50-100bps, the State Bank of Pakistan (SBP) cheered up and went fast by the 34,000 points…

Stocks tumble as 100-index narrows gains; down to 33800pts level

KARACHI: Stocks tumbled to lose half of early gains to fall to 33800.64 with the benchmark KSE 100-index still intact 35.03 points or 0.10 percent till midday trading on Friday.

The market, however, appeared confident and seemed positive with investors exercising caution as it is the last trading in the market.

There were bulls roaring in Karachi Stock Exchange as benchmark 100-index extended…

Bull-run rally continues as KSE 100-index consolidates gains to 292pts, 0.87% to stay at 33878pts

KARACHI: Buoyant Karachi Stock Exchange continued bull-run rally as benchmark 100-index consolidated gains to 292.98 point or 0.87 percent to take tally to 33878.73 points till midday trading on Thursday.

Keeping in view the buoyancy tendency, it seem the market will scale 34,000 points mark before end of the current trade week.

The stocks kept flying high, staging a grand rally to boost…

Another record in the making as index up 306pt, 0.91% to rise to 33,893pts; nears to 34,000pt mark

KARACHI: Buoyant stocks kept flying high, staging a grand rally to boost benchmark KSE 100-index to an all-time high at 33,893.56 points with 306.81 points or 0.91 percent gains on its journey to another milestone of 34,000 points mark in early trading, ahead of monetary policy and expected discount rate cut by the State Bank on Thursday.

The bulls dominated the market as the market witnessed…

Bulls keep KSE afloat as 100-index gains 111.56pts, 0.33% to stay at 33482pts

KARACHI: Buoyed up by bull-run, stocks remained steady though benchmark KSE 100-index lost some of early gains, it remained at 33482.85 points level, with 111.56 points or 0.33% till midday trading on Wednesday.

The bulls helped the Karachi Stock Exchange recouped overnight losses and boosted confidence of the investors. The benchmark 100-index gained 149.45 points or 0.45 percent to rise…

Bulls return to recoup losses as KSE rises 149pt, 0.45% to 33520pts; eyes 34,000pts mark

KARACHI: Bulls returned to Karachi Stock Exchange to recoup overnight losses as benchmark 100-index gained 149.45 points or 0.45 percent to rise 33520.74 points in early trading on Wednesday.

On Tuesday the market closed in negative zone driven down by oil exploration companies as index heavy weight OGDC (-2.98pc) and PPL (-2.42pc) came off on global oil prices hitting five and a half year lows…

Buoyancy turns negative as KSE falls 41pts, 0.12pc to 33376pt; still on way to 34,000pts level

KARACHI: Stocks turned negative on Tuesday and failed to recoup at the overnight buoyancy as benchmark KSE 100-index shed 41.50 points, 0.12 percent to fall 33376.96 points in early trading.

The market opened at the overnight closing of 33418.30 points level and fell. Although there was buoyancy, it turned sluggish and the index fell below to red zone, losing 41 points.

It si to be noted that the…

Passions run high as KSE grabs 300pts, 0.91% to reach 33,417pts on way to 34,000 mark

KARACHI: Fuelled by bull-run, stocks kept flying high and high to new heights after scaling record high of 33,000 points as Karachi Stock Exchange benchmark 100-index consolidated gains to 300.09 points or 0.91 percent to climb up to 33,417.56 points level till midday trading on Friday.

The market appeared buoyant and kept on going up, setting eyes on new goals and boosted confidence of the…