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PSX surges over 9,900 points as Pakistan-India tensions ease
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[ad_1] A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP The Pakistan Stock Exchange (PSX) witnessed a strong surge on Monday as easing tensions between Pakistan and India spurred investor optimism, pushing the benchmark KSE-100 index up by over 9%.…
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PSX falls 2,000+ points on cement sector woes, shrinking volumes
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[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 The capital market took a sharp downturn and closed in the red on Monday, driven by mounting concerns in the cement sector, thin trading volumes ahead…
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Bloodbath at PSX as worsening political turbulence claims over 3,500 points
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[ad_1] Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Thursday, October 17, 2024. — PPI Stocks on Tuesday nosedived as Pakistan Tehreek-e-Insaf’s (PTI) ‘do-or-die’ protest march in Islamabad turned violent, panicking high-strung local and foreign investors into shedding risky assets, resulting in a bloodbath. The day’s trading began with turbulence,…
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Intraday: Data-driven rally pushes PSX past 96,700 points’ mark
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[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 Stocks on Wednesday roared to a new high shortly after the opening bell, with the rally fueled by strong fundamentals and improved fiscal projections remaining in full swing, despite…
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PSX goes into tailspin, loses over 1,300 points to profit-selling splurge
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[ad_1] An investor monitors rates of stocks at the Pakistan Stock Exchange in Karachi in this undated picture. — AFP/File Stocks on Thursday dropped for the second session to hover under 89,000 points as a massive correction interrupted a days-long rally, which was mainly fuelled by the expectations that the central bank was set to…
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PSX rallies past 91,300 points amid rate cut speculations
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[ad_1] Stock brokers monitor new on television screen at a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, on July 3, 2023. — Reuters Stretching the winning streak, stocks whizzed past 91,300 points in intraday trade, largely driven by expectations of a significant interest rate cut in the central bank’s monetary…
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Rate-cut bets buoy PSX above 91,000 points in early intraday rally
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[ad_1] Brokers discuss as they look at an index board showing the latest share prices at the PSX in Karachi on November 28, 2023. — Online Stocks on Monday blasted off to a new record intraday high above 91,000 points, driven by strong corporate results and hopes of a reduction of up to 200 basis…
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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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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…
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PSX tops 860 points in day trade after political clarity boosts sentiment
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[ad_1] Investors are sitting in the hall of Pakistan Stock Exchange in Karachi. — AFP/File Stocks on Monday hit an intraday high above 86,000 mark as investors swooped on index-heavy names to take full advantage of the earnings season after the enactment of the 26th Amendment ended weeks-long political uncertainty. After a marathon session, the…
