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KSE-100 nosedives by over 2,000 points during intraday trade
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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 KARACHI: Bears took control of the Pakistan Stock Exchange (PSX) on Tuesday as the market witnessed a correction with a decline of over 2,000 points during the intraday trading. …
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Bloodbath at PSX: Stocks nosedive by over 2,500 points as bourse enters ‘correction’ phase
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[ad_1] An investor at the Pakistan Stock Exchange in Karachi in this undated picture. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) took a hammering on Tuesday as the benchmark index fell over 2,000 points as the bourse entered the “correction” phase. The benchmark KSE-100 index underwent selling pressure from the word go, dipping to a…
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PSX nosedives by over 2,000 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan stock market plunged by over 3.4% or over 2,200 points, slipping below 63,000 points during the late trading hours on Tuesday, as the drive for profit-taking turned into panic selling on uncertainty related to the forthcoming general elections. In the past two days, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index cumulatively…
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PSX hits new high, crosses 63,500 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high of over 63,500 points before mid-day on Wednesday, as the return of foreign investors to the local bourse provided confidence for local investors to continue buying stocks. PSX benchmark KSE-100 Index rose to a new high at 63,611.50 points, increasing by 1pc, or…
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PSX crosses 62,000 mark with a gain of over 700 points
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[ad_1] A stock broker can be seen speaking on call while looking at his screen. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) maintained a positive trend on Monday with a gain of over 700 points as the benchmark index crossed the 62,000 milestone. According to the PSX website, the KSE-100 index gained 701.86 points…
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PSX crosses 60,000 points milestone | The Express Tribune
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[ad_1] Segregation of client assets is critical as brokers have been penalised for using client money illegally. PHOTO: AFP KARACHI: The Pakistan Stock Exchange (PSX) smoothly crossed the psychological barrier of 60,000 points during the early trading hours of Tuesday. The gains came due to rich individuals and institutional investors making significant new investments in expectation…
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PSX crosses new milestone of 59,000 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) continued its record-breaking spree on Friday and surpassed the remarkable milestone of 59,000 points, reaching an all-time high of over 59,500 points due to economic optimism. The benchmark KSE-100 Index hit a record high of 59,502 points, rising by 1% or 602 points during the early trading hours…
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Rupee recovers against USD as PSX crosses 57,000 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) surpassed the milestone of 57,000 points, hitting a new all-time high during early trading hours on Thursday following the staff-level approval by the International Monetary Fund (IMF) for a loan tranche of $700 million. The successful completion of the first IMF review of the domestic economy also helped…
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PSX crosses 56,000 points as rupee continues downward trend | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) surpassed another milestone of 56,000 points to reach a new all-time high, extending the record-making spree on Monday. At the same time, the Pakistani rupee dropped to a six-week low of Rs288 against the US dollar in the inter-bank market due to an increase in demand for the…
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PSX crosses 54,000 points threshold as rupee tumbles | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high and surpassed the psychological barrier of 54,000 during the early hours of trading on Tuesday amid the ongoing ‘timely’ IMF review of the domestic economy under its $3 billion loan programme. However, later in the day, it receded below the barrier on profit-selling. The…
