Tag Archives: falls

KSE-100 falls despite positive triggers

KARACHI: The Pakistan Stock Exchange snapped its three-day winning streak on Tuesday and the KSE-100 index dropped 284 points despite a host of positive triggers. The receipt of $2.75 billion from the International Monetary Fund (IMF) by the State Bank of Pakistan to cope with Covid-19 challenges failed to reverse …

Read More »

KSE-100 falls forward of earnings season

KARACHI: After a day’s respite, the inventory market resumed its downward journey on Friday – the final day of the buying and selling week – falling beneath the 48,000-point mark due to total pessimism within the wake of upcoming company earnings season. Investor expectation about quarterly monetary outcomes and hovering …

Read More »