PSX
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Shariah-compliant counter at PSX | The Express Tribune
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[ad_1] KARACHI: The potential of attracting Shariah-compliant investors to the Pakistan Stock Exchange (PSX) was witnessed once again with massive participation in Pakistan’s first listed government Ijarah Sukuk issuance. Against the auction target of Rs30 billion set by the Ministry of Finance, the bids received from retail and institutional investors were over Rs396.2 billion and…
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PSX dominates global markets | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) wrapped up the trading week on a historic note as the benchmark KSE-100 index soared to an unprecedented all-time high above 66,000 points. This record-setting close was fueled by the visit of Caretaker Prime Minister Anwaarul Haq Kakar, who marked the launch of a Rs30 billion Ijara Sukuk. The…
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Govt poised to float Rs30b Sukuk at PSX | The Express Tribune
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[ad_1] KARACHI: In a first, the Pakistan Stock Exchange (PSX) is all set to facilitate the government in raising Rs30 billion through the auction of one-year Ijarah Sukuk on Friday (today), potentially at a lower rate of return, which the common man can buy with investment of as low as Rs5,000. Talking to The Express…
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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 eyes 32% growth by Dec 2024 | The Express Tribune
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[ad_1] KARACHI: Taking cues from political stability and economic turnaround, the Pakistan Stock Exchange (PSX) is projected to grow by 32% over the next 13-months, reaching 81,000 points in December 2024. In its annual report titled ‘Pakistan Strategy 2024 – Targeting 81,000; Resilience and Redefined,’ Arif Habib Limited stated that robust earnings growth reported by…
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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 hits another milestone, crosses 61,000 mark
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[ad_1] An investor talks on his phone at the PSX. — AFP/File KARACHI: The bulls pushed the Pakistan Stock Exchange (PSX) to another historic high on Wednesday as the benchmark KSE 100 index surged past 61,000 points with hopes that the State Bank of Pakistan would lower the policy rate in the coming days. The…
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PSX soars to new peak above 60.5k | The Express Tribune
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[ad_1] KARACHI: Investors at the Pakistan Stock Exchange (PSX) on Tuesday engaged in extensive buying of attractive stocks and in the process propelled the market to a new record high well above the 60,500-point mark. The benchmark KSE-100 index shot up over 900 points as market players were enthusiastic following the signing of billions of…
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PSX hits new milestone as KSE 100 index crosses 60,000 mark
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[ad_1] Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Monday, November 6, 2023. — AFP The Pakistan Stock Exchange (PSX) Tuesday set another record as the KSE-100 index crossed the barrier of 60,000 points after a positive International Monetary Fund (IMF) review and encouraging macroeconomic numbers. The benchmark index reached…
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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…
