PSX: KSE-100 recovers but has a negative final value

PSX: KSE-100 recovers but has a negative final value

The benchmark KSE-100 index lost 67.81 points, or 0.16 percent, to settle at 42,458.14 points. Early optimism followed Pakistan and the IMF’s “broad agreement” on the budget for the fiscal year 2022‚Äď2023, which called for raising the Federal Board of Revenue (FBR) objective and reducing spending in order to generate a revenue surplus in the … Read more

PSX: Political certainty returns bulls to the KSE-100, which closes over 42,500

PSX: Political certainty returns bulls to the KSE-100, which closes over 42,500

KARACHI: Following the PTI’s decision to cancel the “Azadi March,” the bulls returned to the Pakistan Stock Exchange, with the benchmark KSE-100 gaining almost 500 points and closing the day at 42,541 points. In its post-session analysis, Arif Habib Limited said that the “much-needed clarity on the political front” caused investors to cheer and ended … Read more

Political instability shocks the PSX, and the KSE-100 plunges more than 100 points

Political instability shocks the PSX, and the KSE-100 plunges more than 100 points

KARACHI: Uncertainty around internal political developments kept the Pakistan Stock Exchange (PSX) in the red zone, with the benchmark KSE-100 Index finishing the day down more than 100 points. The Pakistani rupee’s record-breaking slide against the US dollar, along with the continuing political instability in the aftermath of a no-confidence vote, kept investors on the … Read more

KSE-100 drops more than 200 points as the market is shaken by political uncertainty

Pakistan stock exchange started the week on a positive note

KARACHI: The Pakistan Stock Exchange (PSX) concluded the week on a dismal note, with the benchmark KSE-100 index ending in the red, owing to political instability in the nation after Prime Minister Imran Khan’s no-confidence vote. Read more: Pakistan Stock Exchange Market players were apprehensive of the broader political scenario, notwithstanding the rupee’s rise versus … Read more

Pakistan stock exchange: Despite increasing inflation and import bills, the KSE-100 closes in the green

PSX is still under pressure, with the KSE-100 Index down 243 points

KARACHI: The Pakistan Stock Exchange (PSX) began the new year with increased vigor, buoyed by substantial foreign purchasing, notably in the technology sector. As a consequence, it gained 1.68 percent or 750 points in a week, raising the benchmark KSE-100 index to 45,345.65 points. “A month-on-month decrease in the trade deficit, strengthening of the Pakistani … Read more

PSX: KSE-100 Index fell 325 points as the number of Covid cases increased

PSX: Political certainty returns bulls to the KSE-100, which closes over 42,500

KARACHI: In the face of growing global commodities costs and rapidly spreading Covid infections throughout the globe, the Pakistan stock exchange adjusted somewhat on Thursday, according to traders. The markets ended negative, according to Ahsan Mehanti of Arif Habib Corp, because of heightened fears in global equities about the Covid epidemic. “The negative close was … Read more

PSX: Pakistan’s stock market is still on the rise, with the KSE-100 Index up 156 points

PSX Loses Over a 1000 Points, Plunges to 4-Month Low After Budget Release

KARACHI: Pakistani stocks recovered and remained in the green zone on Thursday as the cabinet approved the mini-budget, while year-end festivities kept market activity buoyant all day. According to a Topline Securities analyst, the stock market began the day on a good note and remained in the green zone throughout the day. “Investors expressed an … Read more

PSX stock: The KSE-100 continues to rise despite a lack lustre week

PSX Loses Over a 1000 Points, Plunges to 4-Month Low After Budget Release

KARACHI: Investor emotions were dampened by a dearth of positive triggers on the Pakistan Stock Exchange (PSX) over the previous week. As a result, the KSE-100 index rose 0.5 percent to 44,118.39 points at the end of the week. The benchmark KSE-100 index surged nearly 400 points in cautious trading on Monday, as investors took … Read more

KSE-100 begins with a negative bias today

KSE-100 begins with a negative bias today

Pakistani equities started the day on a downbeat note, with the KSE-100 index down 32.13 points, or 0.07 percent, in the first hour of trade. On Friday, the Pakistan equities market went on a roller-coaster ride, with the first session reporting spectacular gains in an oversold market, but the second session seeing a correction due … Read more

KSE-100 declines as a result of Inflatory pressure

KSE-100  declines as a result of Inflatory pressure

Following a day of reprieve, the market was once again subjected to selling pressure as a result of fears about rising inflation and impending policy rate rises. Due to a delay in the $6 billion International Monetary Fund (IMF) program, which was anticipated to commence last week, investors have become cautious. Furthermore, market players focused … Read more