PSX
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PSX cheers IMF loan, UAE investment | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) enjoyed a bullish week and ended at a record high just short of 76,000 points as investor interest was bolstered by several positive triggers including loan talks with the International Monetary Fund (IMF), pre-budget speculation and assurances of massive investments by the United Arab Emirates (UAE). The market’s bull-run…
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PSX fails to sustain above 75,000 points on profit-selling
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[ad_1] A trader can be seen at the Pakistan Stock Exchange (PSX) building in Karachi. — PPI/Files KARACHI: Stocks on Wednesday ended flat owing to late profit selling after crossing 75,000 points for the first time in an early-session rally that was mainly triggered by an MSCI upgrade, traders said. The benchmark KSE-100 index gained…
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PSX continues record breaking streak, crosses 75,000 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) surpassed the 75,000 points mark for the first time on Wednesday after the global index provider MSCI upgraded PSX’s status with the addition of one new company to its mainstream Frontier Market Index. The benchmark KSE-100 Index hit a new record high at 75,115 points, adding 0.78% or…
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PSX takes a breather after touching record | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX), after shooting up to record highs, experienced some correction during the outgoing week as investors resorted to profit-booking, primarily due to the State Bank of Pakistan (SBP)’s decision to leave its policy rate on hold for the next six weeks. Investors, analysts, businessmen and market players had been expecting…
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PSX rebounds from three-day losses on privatisation hopes
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[ad_1] A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi. — AFP/File Stocks rallied on Friday reacting to government’s privatisation push to sell loss-making public entities, central bank’s policy rate status quo, and International Monetary Fund’s (IMF) latest tranche, endng the rollover day on a…
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PSX hits all-time high of 72,051 points on economic hopes
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[ad_1] Stockbrokers monitor the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on December 2, 2022. — APP KARACHI: Pakistan stocks hit another record high by surpassing the 72,000 point mark as investors cheered a major recovery in foreign exchange reserves amid hopes of a cut in the…
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PSX eclipses record on Saudi pledge | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Tuesday achieved another milestone as it breached the 70,000 barrier and rose to a new record high in the backdrop of favourable data of remittances that soared 16.4% year-on-year (YoY) to $2.95 billion in March 2024. Initially, trading began at the intra-day low of 69,857.14 points but the…
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PSX tops 70,000 points driven by Saudi $5bn pledge, IMF hopes
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[ad_1] A person can be seen in the Pakistan Stock Exchange (PSX) in this undated photo. —AFP/FIle KARACHI: The Pakistan Stock Exchange (PSX) breached the key psychological barrier of 70,000 points to hit another all-time high, driven by Saudi Arabia’s renewed pledge to rush its $5 billion investment package and International Monetary Fund deal hopes,…
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PSX soars to all-time high as it crosses 69,000 mark
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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: Bulls gripped the Pakistan Stock Exchange (PSX) on Monday as the benchmark index achieved a new milestone by crossing the 69,000 mark. The KSE-100 index gained 1,203.20 points or 1.76% to close at 69,619.98 points,…
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PSX surges to all-time high, crosses 69,000 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high of 69,711 points on Monday, surging by 1.9% to continue its record-breaking spree on the second working day. The market has maintained its momentum over economic optimism in the wake of Prime Minister Shehbaz Sharif’s maiden visit to Saudi Arabia and Finance Minister Muhammad Aurangzeb’s preparations…
