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Tag Archives: Profit-taking

Stocks fall 212 points on profit-taking

KARACHI: The stock market came under selling pressure on Wednesday with KSE-100 index retreating 212.15 points (0.42 per cent) to close at 49,756.77. The market got off to a roaring start with the index up by 298 points, but having touched the intra-day high of 50,267 points, the index succumbed …

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Profit-taking pares down early gains

KARACHI: The stock market on Monday carried investors on a seesaw ride that halted at about the same place where it began. The KSE-100 index edged up by just 1.18 points for the day to close at 49,039.41. It was a typical session where investors who threw caution to the …

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PSX snaps 7-day winning streak on profit-taking

KARACHI: After seven straight sessions of gains, the benchmark KSE-100 index took a breather on Wednes­day in a choppy session. The start was weak as the index took a dip of 118 points, but the benchmark not only managed to recover its lows during the day, it also rallied up …

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Index scales new peak despite profit-taking

KARACHI: Bulls continued to run amok at the stock market on Thursday which propelled the KSE-100 index up by 450 points in early trade. However, profit-taking set in later in the day limiting the index gain to 173.08 points (0.37 per cent) at new all time high 46,358.35. Overall, volumes …

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Profit-taking pushes PSX to fresh losses

KARACHI: The Pakistan Stock Exchange (PSX) started out with disinterested and cautious investors deciding to take profit and stay away from building fresh positions on Wed­nesday. The KSE-100 index closed down 188.90 points (0.44 per cent) at 42,622.37. Stocks continued to descend as investors’ were spooked by the uncertainty over …

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