KARACHI: The bears made a return on Wednesday at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 index took another beating and lost almost 300 points. Investor confidence was shaken by…
Tag: PSX
PSX finishes the rollover week in the green on the back of renewed IMF programme prospects
KARACHI: The rise in gasoline prices, along with anticipation for the restart of the International Monetary Fund (IMF) programme, caused the Pakistan Stock Exchange (PSX) to trade rangebound on Friday. The benchmark…
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…
PSX: KSE-100 index falls below 43,000 as additional panic selling occurs
KARACHI: The Pakistan Stock Exchange (PSX) saw another drop on Wednesday, following the pattern that has been in place since the beginning of the week, with the benchmark KSE-100 index plunging below…
PSX drop by over 1,400 points as a consequence of the country’s economic troubles
KARACHI: Stocks fell on Monday, with the Pakistan Stock Exchange (PSX) benchmark KSE-100 Index falling more than 1,400 points due to worries over the International Monetary Fund (IMF) program and rupee-dollar parity….
PSX report reveal Company Earned Rs 822 in Profit in FY22
KARACHI: Pakistan Stock Exchange (PSX) released its performance report for the first nine months of the fiscal year 2021-22 on Friday. The PSX businesses earned a record profit of Rs822 billion in…
PSX: Bulls push the KSE-100 index over 45,000 points
KARACHI: On the penultimate day of the trading week, the Pakistan Stock Exchange (PSX) continued its bull run, jumping over 200 points as market players cherry-picked equities that had fallen to reasonable…
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…
PSX: KSE-100 index rises by more than 300 points due to high yields
KARACHI: The Pakistan Stock Exchange (PSX) gained over 300 points on Thursday after the State Bank of Pakistan (SBP) raised Rs693 billion versus a goal of Rs800 billion thanks to a spike…
Bulls stocks mount a comeback at PSX on the strength of favourable triggers
KARACHI: On Monday, the first day of the rollover week, the Pakistan Stock Exchange (PSX) mainly overlooked political turmoil, posting moderate gains as investors concentrated on good economic data. According to the…