The stock market suffered the loss of 815 points on panic selling

Lahore.--And took the stock market during the previous week to 815 minutes of sliding point due to sales generated a state of panic because of the turmoil in global equity markets against the backdrop of a significant drop in oil prices on the international level -
Karachi Stock Exchange remained bearish throughout the week, as it lost nearly 877.74 points in four trading days and only got in one day trading only 63.2 points on the first day of the week. Thus leading index of the Kuwait Stock Exchange 100 Total losses to a dramatic reduction of 814.54 points to close at 11,375.09. On Monday, 100 index rose 63.02 points to close at 12,253.39 in response to an unexpected drop in the rate of marks.
However, according to experts, the market remained under pressure in thin trading session.
On Tuesday, the second day of the week, and the first day of Ramadan, and reduced the stock by 27 points to close at 12,226.33, while the level of trading volume fell to its lowest level in 13 months. Experts said investors are worried by the economic and political interests, and trading of 14900000 shares only, and chose to remain on the sidelines, causing some of the shares, which led to the value.

Read more »

Read more...

Stock market sheds another 95 points

KARACHI - landed at the Karachi stock market to its lowest level in three months on Thursday, with the decline in global equity and local investors cautious and concerned about security in Karachi and sold shares.
Ended the Karachi Stock Exchange 100 shares index rose 0.80 percent or 95.56 points lower, at 11,846.16, its lowest close since May 4. Volume increased to 48.6 million shares, compared with 46.11 million shares on Tuesday. "Security concerns are at the top of the list for investors at this stage," said Ashraf Zakaria, a dealer in Rajabali Ali Hussain & Co. According to officials, and killed more than 300 people in Karachi in July alone - one of the deadliest in nearly 20 years - and at least 40 people this week.
Traders said the decline in global stocks also left foreign investors wary. In the currency market, the rupee recovered further from the center of a lack of payments for imports, but dealers expect the local unit to remain

Read more »

Read more...

KSE timings during Ramazan

Karachi - and trading of shares in the Stock Exchange Karachi Stock Exchange will continue from 9:15 to 2:00 Monday to Thursday under the Katz during the month of Ramadan. On Friday, trading will be held 9:00 to 1:00.
According to the Kuwait Stock Exchange here Wednesday, the time before the opening 9:00 to 9:15.
Will be the timing of the exchange office 9:30 to 15:30 from Monday to Thursday and 8:45 to 3:30 on Friday.
Market Square will be held between 11 up to 11:30 in the market, while negotiating a deal (NDM) the timing will be 9:00 to 3:30 Monday to Thursday and 15:00 to 9:30 on Friday.

Read more...