PSX
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Rate-cut bets buoy PSX above 91,000 points in early intraday rally
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[ad_1] Brokers discuss as they look at an index board showing the latest share prices at the PSX in Karachi on November 28, 2023. — Online Stocks on Monday blasted off to a new record intraday high above 91,000 points, driven by strong corporate results and hopes of a reduction of up to 200 basis…
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PSX surpasses 90,000 mark on positive economic indicators
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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 The Pakistan Stock Exchange (PSX) has surpassed the 90,000-point psychological milestone, spurred by favorable economic indicators that are enhancing investor confidence. The benchmark KSE-100 index of the PSX climbed by 1,100.32 points, reaching 90,046.3…
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PSX tops 89,000 points to hit all-time intraday high on rate cut bets
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[ad_1] A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI Pakistan Stock Exchange (PSX) hit an intraday high on Thursday, surpassing 88,400 points amid strong hopes that the central bank is likely to continue its hawkish regime in view of disinflation and macroeconomic indicators that…
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PSX shoots up to new record high, breaking 87,000 points barrier
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[ad_1] Brokers monitor an index board showing latest share prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP Stocks on Wednesday surged to a new record high above 87,000 points, mainly driven by renewed economic optimism, particularly strong current account and foreign direct investment figures, alongside positive GDP growth forecasts…
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PSX zooms to record high on economic data, political outlook
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[ad_1] A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP Stocks on Tuesday zoomed to a new all-time high, riding a rally driven by the passage of the 26th amendment, which alleviated political concerns and bolstered bullish sentiment among investors…
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PSX tops 860 points in day trade after political clarity boosts sentiment
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[ad_1] Investors are sitting in the hall of Pakistan Stock Exchange in Karachi. — AFP/File Stocks on Monday hit an intraday high above 86,000 mark as investors swooped on index-heavy names to take full advantage of the earnings season after the enactment of the 26th Amendment ended weeks-long political uncertainty. After a marathon session, the…
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PSX scales new peak as SCO summit success boosts sentiment
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[ad_1] A trader monitors electronic trading board on the floor of Pakistan Stock Exchange. — Reuters/File Stocks scaled a new peak on Wednesday, boosted by the smooth sailing of the Shanghai Cooperation Organisation (SCO) summit, lifting investor confidence and sparking hopes for regional, political, and economic stability, further fueling the ongoing earnings season rally. The…
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PSX tops record high of 84,900 points in intraday trade
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[ad_1] A stock broker reacts while monitoring the market on the electronic board displaying share prices during trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023.— Reuters Stocks on Monday breached the 84,900-points resistance level, hitting yet another record high, mainly fuelled by energy sector as investors held on to the…
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Day trade: PSX tests 83,000 barrier on stronger economic indicators
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[ad_1] A stock broker can be seen speaking on call while looking at his screen. — AFP/File Stocks soared over 900 points in Thursday’s intraday trade, hovering near the 83,000-point mark as renewed economic optimism spurred a rush for high-dividend-yielding shares, with investors betting on further monetary easing after inflation hit a 44-month low in…
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KSE-100 witnesses bullish sessions as PSX gains over 1,400 points
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[ad_1] An investor at the Pakistan Stock Exchange in Karachi in this undated picture. — AFP/File KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday as the market gained more than 1,400 points during the intraday trade. PSX’s benchmark KSE-100 shares index gained 1,466.26 points or 1.82% to reach 81,927.59 points as compared to Wednesday’s close of 80,461.33…
