market
-
Bulls dominate as stock market hits record 150,000 milestone
.
[ad_1] A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. — AFP Stocks smashed through the 150,000 barrier on Tuesday as upbeat forecasts and energy reforms lifted sentiment. “Mutual funds liquidity is rerating the market. Plenty of cash…
-
Market rally lifts PSX to new all-time high | The Express Tribune
.
[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…
-
Stock market rebounds as investors seize opportunity
.
[ad_1] A stock broker attends a call during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The capital market market market saw a recovery on Friday, rebounding from the previous day’s record-breaking losses as investors capitalized on attractive valuations and encouraging economic indicators. A wave of…
-
PSX crosses 98,000 as market momentum continues
.
[ad_1] A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The Pakistan Stock Exchange (PSX) surged over 1,000 points on Friday, fuelled by a strong macroeconomic outlook, continuing its record-breaking streak. The benchmark KSE-100 index gained 1,060.06 points, or…
-
Market rallies as investors anticipate SBP rate cut
.
[ad_1] Pakistani stockbrokers watch the latest share prices on a digital board during a trading session at the PSX in Karachi on May 28, 2013. — AFP The Pakistan Stock Exchange (PSX) rallied strongly as the beginning of the week, with the KSE-100 index surging by over 1,000 points on investor optimism surrounding an anticipated…
-
Independent multiplayer market for power sector gets CCoE go-ahead
.
[ad_1] Prime Minister Shehbaz Sharif chairs a meeting of Cabinet Committee on Energy in Islamabad on October 9, 2024. — PID ISLAMABAD: As the ruling coalition doubles down on its efforts to reduce all-time high tariffs, the Cabinet Committee on Energy (CCoE) on Wednesday authorised the establishment of an independent multiplayer market for power generation…
-
Gold prices rise globally and locally amid market shifts | The Express Tribune
.
[ad_1] Gold prices have experienced a notable increase both globally and locally, reflecting significant movements in the precious metals market. On the international bullion market, the price of gold per ounce has risen by $10, reaching a new level of $2,500. This upward trend signifies a strengthening demand for gold as a safe-haven asset. In…
-
Gold rate continue to climb locally despite global market decline | The Express Tribune
.
[ad_1] Listen to article Gold prices in Pakistan have continued their upward trend, even as global rates have seen a decline for the second consecutive day. On Friday, the price of 24-carat gold in Pakistan increased by Rs200 per tola, pushing the new rate to Rs262,000. The price of 10 grams of gold also saw a rise…
-
Gold prices hit record highs in Pakistan amid global market surge | The Express Tribune
.
[ad_1] Gold prices hit an all-time high on August 16, 2024, propelled by a weaker US dollar and expectations of a potential interest-rate cut by the Federal Reserve. The metal’s appeal was further amplified by ongoing geopolitical tensions, particularly in the Middle East, which heightened demand for safe-haven assets. Spot gold increased by 1.7% to…
-
CPI inflation picks up in June in line with govt, market consensus
.
[ad_1] Women buy groceries at a wholesale market in Lahore’s Akbari Market. — Online/File In line with market and government expectations, the country’s headline inflation edged higher to 12.6% year-on-year (YoY) in June, compared to 11.8% in May, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. According to the PBS…
