PSX
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Market watch: PSX hits new high, crosses 55k | The Express Tribune
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[ad_1] Pakistan Stock Exchange (PSX) on Friday skyrocketed to a new record high as it crossed the 55,000 milestone in the backdrop of technical review talks with the IMF and due to a reduction in bond yields and an increase in remittances. In the morning, trading began at the intra-day low of 54,371.74 points when…
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Bulls take charge as PSX shoots past 55,000 mark
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[ad_1] Two investors can be seen discussing in front of the digital stock board at the Pakistan Stock Exchange. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) on Friday soared to an all-time high after the KSE-100 index crossed the 55,000-mark. The benchmark KSE-100 index reached an intraday high of 55,506.32 points. However, it closed…
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PSX touches new heights as rupee continues downward trend | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high and crossed the 55,000 points barrier for the first time in history while the local currency slumped to a five-week low of Rs287.5 against the US dollar in the inter-bank market during morning trading hours on Friday. PSX benchmark KSE-100 Index touched 55,268 points, soaring…
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PSX invites entrepreneurs for low-cost trading rights | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) has introduced “online only broker” category by inviting all entrepreneurs including start-ups and fintechs to apply for low-cost trading rights and licensing. The settlement of trades through the online only broker will be done by an e-clearing company as the new stockbroker category will end physical interaction. In a…
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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…
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PSX surges past 53,000 points to reach all-time high
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[ad_1] An investor at the PSX. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) Friday surged past the 53,000 point mark to hit an all-time high after it gained over 400 points on positive cues including political clarity over the election date and expectations of clearing the International Monetary Fund (IMF) review. The market stood at…
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PSX posts thin gains ahead of IMF review | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) recorded gains of just 0.4% in the outgoing week as investors awaited the International Monetary Fund (IMF) review and monetary policy announcement next week. Investors’ interest was driven by encouraging corporate results, which triggered activity in specific stocks while some results did not meet market expectations, leading to selling…
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PSX leads in global markets | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) has taken the lead as one of the best-performing markets globally, showing a remarkable recovery of 12% in the quarter ending on September 29, 2023. Topline Research has indicated that the future direction of the market will be influenced by several key factors in the upcoming quarter, including the…
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PSX once again wins Best Islamic Stock Exchange Award
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[ad_1] An investor looking at the benchmark KSE-100 in this undated picture. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) on Monday was recognised as the Best Islamic Stock Exchange with an award for a third consecutive year by the Global Islamic Finance Awards (GIFA). According to an official statement, GIFA — an internationally acclaimed…
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PSX crashes as rupee continues to struggle against USD | The Express Tribune
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[ad_1] KARACHI: The Pakistan stock market crashed on Thursday while the rupee also maintained its downturn amid rising concerns related to stagflation and a deepening economic crisis. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index dropped by over 1,750 points or almost 3.8%, slipping well below 44,500 points. Speaking to The Express Tribune, Topline Securities CEO…
