PSX
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Intraday: Data-driven rally pushes PSX past 96,700 points’ mark
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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 Wednesday roared to a new high shortly after the opening bell, with the rally fueled by strong fundamentals and improved fiscal projections remaining in full swing, despite…
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PSX scales new peak, crosses 95,600 mark in day’s trade
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[ad_1] A stock broker monitors the market on the electronic board at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. — Reuters Stocks sustained their record-setting pace on Tuesday, climbing to a new peak above the 95,600 mark, as investor optimism was bolstered by a strong macroeconomic outlook and reassurances from the finance…
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In a first, PSX crosses 95,000 in day’s 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 Stocks continued their upward momentum on Friday, achieving an all-time intraday high above the 95,000 mark, driven by positive developments, including subdued concerns over the likelihood of an International…
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Intraday: PSX bolts past 94,200 mark on stability hopes
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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 Stocks on Thursday topped the 94,200-point mark, fuelled by economic optimism after reports indicated that the International Monetary Fund (IMF) raised no red flags over Pakistan’s…
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PSX crosses 94,000 for first time, sets intra-day record
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[ad_1] A stock broker looks on during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The Pakistan Stock Exchange (PSX) surged over 700 points on Monday, reaching an all-time high as the market resisted early calls for a technical correction, according to an analyst. The PSX’s…
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Rate cut rally resumes to push PSX above 93,000 mark in day trading
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[ad_1] Brokers at the PSX look at the electronic board in this undated image. — Reuters Stocks surged to a record intraday high above the 93,000-point mark on Friday, as a multi-session rally, spurred by the recent policy rate cut is back on track after an expected technical correction amid growing optimism for a further…
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Former SECP chief Farrukh H Sabzwari appointed CEO of PSX
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[ad_1] Farrukh H Sabzwari addresses an event at Central Depository Company of Pakistan in this undated photo. — CDC/File Pakistan Stock Exchange (PSX) has appointed veteran investment banker Farrukh H Sabzwari as its Chief Executive Officer (CEO) for a three-year term after the approval by Securities and Exchange Commission of Pakistan (SECP), a bourse filing…
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CPI stats trigger off over 1,800-point rally at PSX ahead of SBP meeting
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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 rallied on Friday, spurred by October’s mild inflation data, strengthening expectations for the central bank to extend its hawkish monetary policy in the upcoming November 4 meeting, a…
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PSX goes into tailspin, loses over 1,300 points to profit-selling splurge
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[ad_1] An investor monitors rates of stocks at the Pakistan Stock Exchange in Karachi in this undated picture. — AFP/File Stocks on Thursday dropped for the second session to hover under 89,000 points as a massive correction interrupted a days-long rally, which was mainly fuelled by the expectations that the central bank was set to…
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PSX rallies past 91,300 points amid rate cut speculations
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[ad_1] Stock brokers monitor new on television screen at a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, on July 3, 2023. — Reuters Stretching the winning streak, stocks whizzed past 91,300 points in intraday trade, largely driven by expectations of a significant interest rate cut in the central bank’s monetary…
