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…
Tag: PSX
PSX starts rollover week with mini-budget concern
Due to poor indications and internal and external challenges, stocks struggled to establish a floor on the opening day of the upcoming rollover week on Monday. The investment environment remained unfavorable due…
Bulls runs the PSX as the 100-Index Goes up 1,150 Points
KARACHI: The Pakistan Stock Exchange (PSX) recovered momentum on Wednesday, with the 100-index rising 1,150 points, according to ARY News. At the moment, the benchmark index is trading at 44,400 points. The…
Profit-taking results in a little decline in Pakistan stock exchange
KARACHI: Despite the rupee’s decline, the Pakistani stock exchange saw profit-taking, with the KSE-100 Index holding around earlier levels, according to traders. Investors’ interest has been pulled down, according to an analyst…
PSX: benchmark index rises nearly 1,200 points
KARACHI: The Pakistan Stock Exchange (PSX) saw bullish trade on Monday as market concern about the IMF plan and Saudi Arabia’s $3 billion fund progressively dissipated. The KSE-100 index moved steadily higher,…
PSX is off to a bad start this week as it enters rollover week
KARACHI: Despite a slew of bullish triggers, the Pakistan Stock Exchange (PSX) started the rollover week on a gloomy note, as the market succumbed to selling pressure. The confirmation of a staff-level…
In a turbulent week,KSE-100 gained 1.3 percent
KARACHI: The Pakistan Stock Exchange (PSX) gained ground in the previous futures rollover week, boosted by Saudi assistance. In the week under review, the KSE-100 index increased 606 points, or 1.3 percent,…
KSE-100 continues to rise, closing barely below the 46,000-point level
KARACHI: The Pakistan Stock Exchange (PSX) extended gains on Thursday, with the benchmark KSE-100 index rising about 200 points as a result of a slew of positive triggers. Pakistan got $3 billion…
PSX ended Tuesday’s combined round with a 163-point loss
KARACHI: The Pakistan Stock Exchange (PSX) closed in the red for the third day in a row on Tuesday, with the benchmark KSE-100 index down over 160 points. Investor confidence was destroyed…
PSX opens the week of rollover with a 149-point deficit
KARACHI: Stocks failed to find a floor on Monday due to poor signals and internal and external challenges. Concerns over the rupee-dollar parity and the delay in the IMF programme decision kept…