PSX
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‘Cutting-edge trading and surveillance system’ launched at PSX
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[ad_1] A woman takes a picture of share prices during a trading session at the Pakistan Stock Exchange (PSX) on December 21, 2022. — PPI In what Pakistan Stock Exchange Managing Director Farrukh H Khan called a “big moment and landmark achievement”, the PSX has launched a new trading and surveillance system. The stock exchange’s media…
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PSX ends second successive week in green | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) continued its positive momentum and posted smart gains in the outgoing four-day trading week, buoyed by share buyback announcements, strong financial results and cherry-picking of stocks that had dropped to attractive valuations. The week began on Tuesday with a positive session on the back of share buyback announcements by…
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PSX to remain closed on Juma Tul Wida
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[ad_1] Pakistan Stock Exchange. — AFP/File The Pakistan Stock Exchange Limited (PSX) will remain closed on April 14, on account of Juma Tul Wida — the last Friday of the holy month of Ramadan. In a statement, the PSX said: “All TRE (Trading Rights Entitlement) Certificate holders [of the exchange], staff and concerned are hereby…
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Bloodbath as PSX sheds over 1,400 points amid political uncertainty
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[ad_1] A stockbroker talks on the phone as a trading stream is reflected on a glass screen. — AFP/File KARACHI: The KSE-100 of the Pakistan Stock Exchange (PSX) plunged by more than 1,400 points during the intra-day trading on Tuesday. At 3:17pm, the KSE-100 Index was down 1,342.96 points or about 3.40%, hovering around the…
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PSX slumps over 3.4% due to economic, political uncertainty | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) slumped over 3.4%, approximately 1,348 points, and hit a two-year low at around 38,900 points on Tuesday. The market maintained a steep downward trend for the second consecutive day due to the rise in political temperatures and the melting down of the country’s economy. “The market has dropped in…
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PSX plummets to lowest level since November 2020
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[ad_1] Digital monitor showing the share prices at the Pakistan Stock Exchange (PSX) in Karachi. — INP/File The Pakistan Stock Exchange (PSX) on Wednesday plunged to a 26-month low level after the benchmark KSE-100 index shed nearly 500 points as investors adopted a dump-and-run approach due to rising political tension in the country. The benchmark…
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PSX sinks below 40,000 as stocks plunge to lowest level since July 2022
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[ad_1] An investor can be seen looking at the digital stock board at the Pakistan Stock Exchange in this undated image. — AFP/File The Pakistan Stock Exchange (PSX) on Tuesday sunk below the 40,000 mark — its lowest level since July 2022 — as the benchmark KSE-100 index fell over 1,100 points owing to emerging…
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PSX takes a hammering after SBP’s sudden interest rate hike to highest since 1999
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[ad_1] A view of the Pakistan Stock Exchange (PSX) building the main hall in Karachi. — INP/File The Pakistan Stock Exchange (PSX) took a hammering at opening bell Monday morning in reaction to the State Bank of Pakistan’s (SBP) unforeseen hike Friday, while the market was closed, in the interest rate to 16% — the…
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PSX dives 900 points after surprise interest rate hike | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) plunged 2% (or almost 900 points) to close to 42,000 points at around 1:8pm on Monday, as traders aggressively pulled out investment in panic after the central bank unexpectedly hiked the key policy rate by 100 basis points to over two decades high at 16%. The development stands negative…
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PSX plunges after PM Shehbaz announces ‘super tax’ | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) on Friday nosedived almost 5% (over 2,000 points), in a duration of approximately 22 minutes, after Prime Minister Shehbaz Sharif announced a new ‘super tax’ to target large-scale industries. The PSX plunged to a one-year low at the closure of the first of two sessions today at 40,664…
