PSX
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PSX kicks off week with over 1,000-point surge
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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 stock market started the new week with a sharp upswing, as investor confidence remained buoyant due to strong economic developments, including a record current account…
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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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Bullish streak continues as PSX crosses 119,000 mark
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[ad_1] Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Wednesday, October 23, 2024. — PPI The capital market continued its record-breaking rally on Thursday, closing at an all-time high as investor optimism surged over progress in economic reforms and the government’s negotiations with the International Monetary Fund (IMF). The rally…
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PSX gains momentum amid positive macroeconomic conditions
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[ad_1] Broker busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Thursday, December 5, 2024. — PPI The stock market launched the week with a robust surge, propelled by revitalised investor confidence and a bullish macroeconomic environment. Key drivers include optimism over economic recovery, easing geopolitical tensions, and pro-growth monetary policies, fuelling the…
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PSX plunges as profit-taking, year-end pressure weigh on sentiment
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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 The stock market plunged sharply on Thursday, continuing its downward spiral as profit-taking and aggressive year-end selling persisted. The KSE-100 Index tumbled over 2% at its nadir during the…
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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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PSX storms past 99,300, defying political chaos in intraday trading
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[ad_1] Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Wednesday, October 23, 2024. — PPI After starting off on a negative note, the capital market on Monday weathered the political uncertainty stemming from Pakistan Tehreek-e-Insaf’s (PTI) ‘do-or-die’ march towards the federal capital, with investors turning the tide banking on strong…
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PSX crosses 98,000 as market momentum continues
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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 The Pakistan Stock Exchange (PSX) surged over 1,000 points on Friday, fuelled by a strong macroeconomic outlook, continuing its record-breaking streak. The benchmark KSE-100 index gained 1,060.06 points, or…
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Modest gains at PSX as profit-taking drags index from 99,600 peak
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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 Friday went into hyperdrive rocketing past 99,600 level but a late profit-taking rampage pared the early gains with banking sector coming to rescue the index from slipping…
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Intraday: PSX surges past 97,000, defying political frets on outlook bets
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[ad_1] A stock broker watches share prices during a trading session at the PSX in Karachi on July 31, 2023. — AFP On Thursday, the capital market achieved an unprecedented milestone, crossing the 97,000 mark for the first time, as investors brushed aside concerns over political uncertainty stemming from the main opposition party’s “do-or-die” protest…
