PSX
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In record-setting rally, PSX soars above 68k | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) displayed a remarkable rally during the outgoing week when it soared to new all-time highs and surpassed the 68,000-point mark. The week, shortened by the Jummatul Wida holiday, saw a surge in activity as investors were enthusiastic and believed that the policy rate cut was in the offing. Robust…
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Cement sector sends PSX to record | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Wednesday soared to a new record high as it crossed the 67,700-point barrier with a surge of more than 850 points on the back of investor enthusiasm about the potential policy rate cut and strong cement sales. The stock market followed an upward trajectory right after the commencement…
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PSX soars to new high of 67,756 points fuelled by cyclic sector
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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 Pakistan’s stock market scaled a new peak on Wednesday as majority of investors cheered the government’s privatisation push amid hopes of a rate cut especially after signs that inflation was finally cooling down,…
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PSX hits all-time high, crosses 67,200 points | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit an all-time high of 67,246 points before mid-day on Thursday after registering a 1% increase, maintaining its record-breaking spree on the second consecutive working day. The market reached a new high after the UK-based global index provider (FTSE) announced its decision to retain Pakistan in the ‘secondary emerging…
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PSX under pressure over IMF talk concerns | The Express Tribune
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[ad_1] KARACHI: Turbulence and uncertainty marred the outgoing week at Pakistan Stock Exchange (PSX), as the market underwent a bearish spell by closing four out of five sessions in the red. Uncertainty about securing a new, longer-term loan package in negotiations with the International Monetary Fund (IMF) kept the KSE-100 index under constant pressure. The…
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PSX closes in red, as KSE-100 index plummets by over 900 points
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[ad_1] An investor can be seen speaking on the phone in front of the digital screen at the Pakistan Stock Exchange. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) Tuesday closed at 64,801.70 points after plummeting by over 953.6 points, a day after the Prime Minister Shehbaz Sharif’s federal cabinet took oath. During the intraday…
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PSX soars on PM’s election | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Monday extended its upward trajectory from the previous week as investors took cue from the election of a new prime minister and upbeat economic data. In the morning, trading began on a robust note, supported by the shrinking of trade deficit by 30.2% year-on-year (YoY) to $14.87 billion…
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PSX soars as political gridlock breaks | The Express Tribune
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[ad_1] A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange (PSX) bounced back on Wednesday, making a U-shaped recovery and erasing losses as the resolution of internal political concerns spurred investor interest following an agreement to form a government.…
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PSX plans Sukuk auction for lower financing costs | The Express Tribune
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[ad_1] A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange (PSX) is scheduled to hold its next auction to sell one to five-year Sukuks on Tuesday (February 20), helping the cash-strapped government raise a targeted Rs150 billion at apparently…
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PSX sheds over 1,300 points during intraday trade
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[ad_1] An investor talks on his phone at the PSX in this undated picture. — AFP/File KARACHI: Political uncertainty continued to dominate the negative sentiment at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index lost close to 1,400 points during intraday trading on Tuesday. The KSE-100 index stood at 59,674.31, losing 1,391 points,…
