PSX
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Bullish trend continues as PSX surges by nearly 900 points | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) continued its bullish streak on Tuesday, with the KSE-100 index gaining an impressive 892 points. This surge propelled the index to stand at an all-time 79,717.31 points high during intra-day as of 2:18 PM, marking a substantial 1.12% increase from the previous 78,825 points. Earlier on Friday, the PSX…
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Modest CPI, IMF talks propel PSX higher | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) concluded the first day of the new fiscal year on a promising note with gains of nearly 380 points, influenced by economic developments and sector-specific news. In the morning, trading remained lacklustre, when the KSE-100 index reached the intra-day low of 78,427.79 points. However, as the day progressed, the…
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PSX touches 80,000 mark on IMF deal hopes
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[ad_1] A trader is busy on call as resumes business at the Pakistan Stock Exchange (PSX) building in Karachi. — PPI/Files KARACHI: Stocks hit yet another millstone on Friday amid optimism surrounding Pakistan’s prospects of securing a longer International Monetary Fund (IMF) programme. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index touched the 80,000 mark…
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PSX stages its fourth largest one-day surge on IMF bailout bets
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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 The Pakistan Stock Exchange (PSX) extended its post-budget rally, reaching yet another record high on Thursday, mainly fueled by Fitch Ratings’ optimism for Pakistan’s likelihood of securing…
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PSX hits historic high, surpasses 78,000 milestone | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) surged to an all-time high on Thursday as the KSE-100 Index gained over 1.93 percent, reaching 78,213 points at 11:30 am. This rise marked a significant increase from the previous 76,706.77 points last week. The market opened on a positive note following the Eid ul Adha holidays, with the…
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PSX soars to record 76,208 points as investors cheer steady CGT
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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’s stock market on Thursday surged to its highest level on record, marking its biggest single-day gain in nearly a year a day after the government, beating the market buzz, kept Capital Gains Tax (CGT)…
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PSX dips below 73,000 barrier ahead of budget announcement | The Express Tribune
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[ad_1] The Pakistan Stock Exchange (PSX) experienced a significant downturn falling by 572 points, causing the index to drop below the 73,000-point barrier. The KSE-100 Index closed at 72,679 points. Inflation, current state of global markets, and the country’s political situation were reported as factors contributing to the dip ahead of the announcement for the…
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PSX slumps over pre-budget, policy rate worries | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) endured a turbulent week where it plunged over 2,000 points as investors were worried about the potential increase in capital gains tax (CGT) and due to uncertainty over the State Bank of Pakistan’s (SBP) monetary policy announcement. Investors were wary ahead of the budget presentation next week where taxes…
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PSX against tax-driven distortions in asset classes | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) has submitted tax proposals to the Ministry of Finance (MoF) and the Federal Board of Revenue (FBR) for consideration in the federal budget for fiscal year 2024-25, submitting that the government should align rates of capital gains tax (CGT) on the sale of stocks with those applicable to the…
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PSX tumbles over 900 points ahead of federal budget | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) took the plunge of more than 900 points in the KSE-100 index benchmark. During the intraday trading on Tuesday, the PSX dipped nearly 1.22%, closing at 74,666.65 points. The PSX plummeted a total of 1,212 points from its intraday high of 75,878.48 points yesterday. Earlier today, International Packaging…
