About Stock Exchange
Monday, November 2, 2009Posted by umar draz at 2:05 AM
The Karachi Stock Exchange (KSE) (Pakistan)
Karachi Stock Exchange is the biggest and most liquid exchange and has been declared as the “Best Performing Stock Market of the World for the year 2002”. As on December 31, 2007, 654 companies were listed with the market capitalization of Rs. 4,329,909.79 billion (US $ 70.177) having listed capital of Rs. 671.269 billion (US $ 10.880 billion). The KSE 100 Index closed at 14075.83 on December 31, 2007.
Posted by umar draz at 2:04 AM
Lahore Stock Exchange (LSE) Pakistan
The Lahore Stock Exchange is the 2nd largest stock exchange of
Pakistan. We are dynamic and emerging market with large number of
listed companies and state of the art technology. We provide a
transparent, fair and geographical independent trading environment to
attract retail investors.
Posted by umar draz at 2:03 AM
Islamabad Stock Exchange (ISB) Pakistan
Islamabad Stock Exchange is one of the three stock exchanges of Pakistan. It was incorporated on October 25, 1989 and it became fully operational on August 10, 1992. Islamabad Stock Exchange
Posted by umar draz at 2:03 AM
Karachi Stock Exchange Gains 2.44PC on Plus Results
Karachi Stock Exchagne (KSE) started the fresh week amid plus
activities & the most in a month after some share out performed
i.e. Habib Bank Limited & Nestle Pakistan Ltd, analysts earnings
estimations the main index gained almost 200 points here on 26-10-2009.
Market
analysts that the most of the corporate results are either coming in
line or beating the analysts estimation. This positive start se the
tone for the rest of the day where local funds and offshore investors
looked busy in buying activities which helped the main index to stay in
the green zone all day long. where at one stage towards the end, it
touched the intraday highest level.
Posted by umar draz at 2:02 AM
China shares up supported by earnings
The shanghai ccomposite index ended at 3,109.560 points, after posting its highest closed in ten weeks.
Posted by umar draz at 2:01 AM
Indian shares slip; banks, reliance fall
Mumbai: Indian shares edged 0.4% lower on 26-10-2009 to thier lowest
clsoe in more than two weeks, mainly pulled down by continued weakness
in energy major Reliance Industries and as investors booked profits in
select stocks.
Posted by umar draz at 2:00 AM
Peshawar blast shockwave hits Karachi Stock Exchange
Bears extended their stay at Karachi Stock Exchange (KSE) on October
28, 2009 where market shed over 63 points to end below 9,300, levels on
selling pressure due to blast in Peshawar after a promising start in
the morning.
The benchmaark 100-index declined by 63.85 points
or 0.69% to end at 9,251.84 levels 30-index plunged by 74.87 points or
0.76% to close at 9,754.62 levels, whereas all share index shed 39.88
points or 0.60% to finish the day at 6,753.75 levels.
Market
from the begining stayed in greet zone as better result expectation
dominated the rally expectation dominated the rally, which in later
session was materialised as all major companies posted above
expectation profits. But later in the session blast in Peshawar
followed by selling pressure in regional markets restricted investors
to adopt wait and see strategy.
Market started on a positive
noted ad soon index touched its intraday high of 9,364 points positive
49 points. Thereafer marekt showed some mixed activities where it
remained inthe positive zone for most of the time as good corporate
results and continued foreign buying supported the market. However,
blast in Peshawr invited selling pressure which send the index deep
into the red zone where at about negative 77 points.
Posted by umar draz at 2:00 AM
China, Hong Kong at Multi Week Lows; Banks Oil Fall
China's key stock index dropped 2.34%, weighed down by banking stocks amid worries over a possible exit from the governmnet's loose monetary policy after Norway's interest rate increase. The benchmark Hang Seng index slid 2.28% or 496.59 points to 21.264, its lowest in more than three weeks.
Posted by umar draz at 1:59 AM
Indian shares log worst close in nearly 8 weeks
Mumbai Indian shares continued to fall for the 4th day in a row, and
closed 1.4% lower in volatile trade on 29/10/09 to their worst close in
nearly 8 weeks, pulled down by weakness in world equities on concerns
over global growth. The 30-share BSE index closed 1.42% or 230.77
points lower at 16,052.72 with 22 of its components declining.
Posted by umar draz at 1:57 AM
Research Analyst on 30/10/2009 (Karachi Stock Exchage)
KSE Market can rally in the coming days riding corporate results of the
listed companies, visit of Hillary Clinton and continued foreign buying
which can push the main index in the range of 9,800-9,900 levels.
Market has been bottom out and investors can do accumulation in
banking, E&P and fertiliser sectors. After a slight negative start
today market may finish up amid a bullish run.
Posted by umar draz at 1:56 AM
US Stocks at Midday, Wall Street dips as oil, tech drag, but AIG Soars
New York US STocks slipped on 29/10/09 with energy shares falling
alongside oil prices as investors tapped the brakes on an August rally
that has taken the market to 10 month highs.
Analysts have
pointed to light summer volume and caution over a potential pullback as
the reason for the market's lackluster performance this week.
Posted by umar draz at 1:55 AM
Indian shares post worst monthly loss in a year
Mumbai INdian shares fell 7.2% in October 09 and logged their biggest
monthl fall in a year, after they closed 1% lower on Friday as
investors gave a thumbs down to results from some key corporates such
as Reliance Ind. & Bharti Airtel.
Top mobile operator
Bharti Airtel tumbled 6.4% to 292.15 rupees, as it gave a downbeat due
to a nasty price war after posting its slowest pace of profit growth in
at least six years.
The 30-share BSE Index closed 0.97% or
156.44 points lower at 15,896.28, after rising to as much as 16,360.88
points in early trade, cheered by a rise in global markets, as data
showed United States retunred to economic gorwth. Foreign funds have
infused around $ 14.4 billion in Indian equities so far this year which
have led to a rise of nearly 65% in the benchmark.
Posted by umar draz at 1:54 AM
China, Hong Kong shares gain on upbeat results
Shares in Hong Kong/Shanghai bounced on Friday as solid earnings from
top Chinese lenders pushed banks up, while China's remark about
stricking to its loose monetary policy lifted overall sentiment.
China's
key stock index rose 1.2% on Friday and posted a 7.8% gain for october
boosted by solid earnings and an upbeat economic outlook.
The
benchmark Hang Seng Index rose 2.29% its biggest one-day gain in six
weeks. For the week the index was donw 3.7%, its biggest weely drop
sine Jute, but for the month of index was up 3.8%, its second montlhy
gain Industrial & Commercial Bank of China advanced 3.45%, while
Bank of China gained 5.77% after both reported a jump in quarterly
prifit.
Posted by umar draz at 1:53 AM
EU shares log biggest monthly drop in 8 months
London Eupropean share sharply fell on Friday with a key index
recording its biggest monthly decline in eight months as financial
stocks lost heavily on mixed US economic data a day after better than
expected GDP numbers. The pan European FTS Eurofirst 300 index of top
shares provisinally closed down 2.3% at 974.45 points.
The
index, which is up more than 51% from its lifetime low in early March,
fell 2.3% in October. The index had gained in the previous three
months.
Posted by umar draz at 1:52 AM
Dismal weekend for Karachi Stocks (Pakistan)
Mixed activities witnessed at Karachi Stock Exchange (KSE) on the last
trading day of the week as it ended with minor losses as investors went
for booking profits owing to deteriorating security situation in the
country.
The benchmark KSE 100 Index inched down 9.82 points or
0.11% to close at 9,59.18 levels, KSE 30-Index lost 20.48 points to
finish the day at 9,662.87, wheareas KSE All Share Index marginally
went down by 4.05 points to end at 6,513.12 levels.
Further
eleborated that limited foreign interest, global equity markets
uncertainties, high leverage cost and limited availabilty of leverage
financing remained major concerns for investors througout the session
despite strong results announcements in insurance, banking & cement
sectors.
Trading activities started in the green zone with 32
points up, thereafter marekt remained in the positive zone throughout
the first session but investors participation remained on the lower
side. Index at one stage touoched its intraday high of 9,256 points
plus 87 points , however some profit booking witnesed during the last
one hour of the first session as investors were worried over the law
and order situation in the country. Second session was not different
story as index managed to stay in the positive zone increasing its
gains and stayed positive during the major part of the session.
Posted by umar draz at 1:51 AM