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Profit-taking hits bourse after record high
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[ad_1] Broker is busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Tuesday, July 1, 2025. — PPI The stock market began the week on a cautious note on Monday, with investors locking in gains from last week’s record-breaking surge as renewed worries over revenue shortfalls and a widening trade gap tempered sentiment.…
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Market rally lifts PSX to new all-time high | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) extended its rally for the third consecutive session on Wednesday, reaching a new all-time high during intra-day trading, as the benchmark KSE-100 Index gained 1,221.12 points, current index at 144,258.28 — an increase of 0.85% from the previous close. Trading activity remained robust, with a total volume of over…
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WB warns high tariffs crippling Pakistan’s exports, competitiveness
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[ad_1] The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, US, April 13, 2023. — Reuters The World Bank has raised concerns that Pakistan’s continued tariff-heavy approach is weakening its export performance and putting its economic future at risk. Exports have…
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Tech rally lifts Wall Street to month high | The Express Tribune
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[ad_1] Listen to article BENGALURU: Wall Street’s main indexes jumped to around one-month highs on Thursday, with the tech-heavy Nasdaq leading gains, as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for the technology sector. Microsoft surged 9% to its highest level since late January, driven by an upbeat quarterly growth forecast…
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Diesel stocks swell toall-time high as sales fall | The Express Tribune
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[ad_1] ISLAMABAD: Inflated sales projection for high-speed diesel by the regulator has put Pakistan’s largest oil refinery, Pak Arab Refinery Limited (Parco), in a critical situation as its stocks have piled up to an all-time high due to low purchases from oil marketing companies (OMCs). The high demand estimate has created room for oil importing…
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Bitcoin breaches $94,000 to reach record high value
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[ad_1] A representational image showing bitcoin logo on coins in the backdrop of dollar nbtes. — AFP/File Bitcoin, the world’s biggest and widely known cryptocurrency, on Wednesday surpassed the $94,000-mark amid a report claiming that US President-elect Donald Trump’s social media company was in talks to buy crypto trading firm Bakkt which added to hopes of…
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Bitcoin soars to new high around $90,000
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[ad_1] A man walks past a bitcoin monument at Plaza Bitcoin in San Salvador on September 4, 2024. —Reuters SINGAPORE: Following Donald Trump’s victory as US president and anticipations that his government will be crypto-friendly, crypto-traders are riding a surge of euphoria as Bitcoin hovered near $90,000 on Tuesday. In the week following the election,…
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PSX tops 89,000 points to hit all-time intraday high on rate cut bets
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[ad_1] A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI Pakistan Stock Exchange (PSX) hit an intraday high on Thursday, surpassing 88,400 points amid strong hopes that the central bank is likely to continue its hawkish regime in view of disinflation and macroeconomic indicators that…
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Gold hits record high in line with global trend
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[ad_1] An employee places ingots of 99.99 percent pure gold in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. — Reuters KARACHI: Gold prices reached an all-time high on Wednesday, surging by Rs2,000 per tola to Rs285,400 in line with global markets…
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PSX shoots up to new record high, breaking 87,000 points barrier
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[ad_1] Brokers monitor an index board showing latest share prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP Stocks on Wednesday surged to a new record high above 87,000 points, mainly driven by renewed economic optimism, particularly strong current account and foreign direct investment figures, alongside positive GDP growth forecasts…
