KARACHI: Shares on the national market began the previous week on a low note, owing to investor fears over the Russian-Ukraine conflict as well as the country’s political instability. Net purchasing occurred…
Tag: PSX
PSX: A $385 Million Drop in Pakistan’s Foreign Exchange Reserves
Pakistan’s liquid foreign reserves were depleted by $385 million in the week ending March 11, 2022, a 1.7 percent drop from the previous week. According to the State Bank of Pakistan’s (SBP)…
PSX increases by more than 350 points as global oil prices decline
KARACHI: The Pakistan Stock Exchange (PSX) recovered from yesterday’s loss on Tuesday, as a recovery in global equity markets and a decline in international crude oil prices rekindled investor interest. Oil prices…
PSX’s trading volume plung to a 20-month low
KARACHI: The Pakistan Stock Exchange (PSX) saw trade volumes dip to a 20-month low on Monday, with 115 million shares changing hands during the day. Overall trading volumes fell to 115.11 million…
PSX is dominated by bears as political tensions mount
The Pakistan Stock Exchange (PSX) remained under the dominance of the bears on Tuesday, in line with the previous session, as the market reacted to the political uncertainties in the country. The…
Pakistan stock exchange: Due to a lack of activity, PSX is expected to close flat
KARACHI: The Pakistan Stock Exchange (PSX) had a lackluster trading day on Thursday, with the index trading in a tight range and almost finishing flat as late selling wiped out early gains….
Despite the economic uncertainties, the Bears remain in charge on Pakistan stock exchange
On Monday, the Karachi stock market finished down due to economic concerns and weakening global equity markets. Arif Habib Corp.’s Ahsan Mehanti attributed the negative close to the rise in industrial power…
PSX: The stock market is still optimistic about the progress of the IMF accord
KARACHI: The Pakistan Stock Exchange opened in the green zone on Monday, boosting investor confidence after the government met all of the International Monetary Fund’s pre-conditions (IMF). According to a Pearl Securities…
PSX: The stock market’s six-week winning run has come to an end
The Pakistan Stock Exchange (PSX) succumbed to selling pressure in the previous week, closing with a loss of 745 points, or 1.63 percent, to settle at 45,018.28 points, after six weeks of…
PSX: KSE-100 Index fell 325 points as the number of Covid cases increased
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,…