Stocks
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Stocks zoom past all-time high above 86,400 in intraday trade
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A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI Stocks stayed the winning course on Wednesday, reaching a record high of over 86,400 points, largely due to the finance minister’s…
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Stocks soar by near 900 points in day trade as rate-cut bets gain traction
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A broker talks on a phone as he watches latest share prices at the Pakistan Stock Exchange in Karachi on January 27, 2023. — AFP Pakistan’s stocks on Tuesday surged by almost 900 points by midday, as investors continued to…
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Stocks rally past 82,000 mark as investors bet on IMF deal approval
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A man uses a mobile phone as he takes a photo of the electronic board displaying share prices during a trading session at the Pakistan Stock Exchange, on November 28, 2023. — Reuters Stocks hit a record high on Friday,…
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Oil prices dip as US crude stocks rise | The Express Tribune
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HOUSTON: Oil prices edged lower on Wednesday after US crude inventories rose unexpectedly and as worries that a wider Middle East conflict could threaten production in one of the world’s major regions for crude production eased slightly. Brent crude futures…
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Asian markets lack direction as disappointing US tech earnings impact stocks; yen strengthens | The Express Tribune
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Asian stocks were subdued on Wednesday after lacklustre earnings from US tech behemoths Tesla and Alphabet dented sentiment, while the yen hit a six-week high ahead of a central bank meeting next week where a rate hike remains on the table….
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Soaring stocks, collapsing economy | The Express Tribune
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KARACHI: Pakistan’s stock market is soaring and it just recently crossed a record high. This would normally be good news were it not for the fact that as the stock market soars the real economy is in freefall. There is…
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Pakistan stocks hit record high just shy of 74,000 points
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Pakistani traders stand beneath an electronic board displaying share prices at the Pakistani Stock Exchange (PSX). — INP/File KARACHI: Stocks on Monday briefly breached 74,000 points barrier amid reports Pakistan may sign a deal with International Monetary Fund (IMF) for…
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Stocks post thin decline on profit-taking | The Express Tribune
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KARACHI: Pakistan Stock Exchange (PSX) on Thursday came under slightly downward pressure, sparked by institutional profit-taking in overbought stocks amid the ongoing corporate earnings season. In the morning, trading commenced on a positive note, reflecting the previous day’s growth momentum,…
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Stocks soar to new high above 72k | The Express Tribune
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KARACHI: Bulls made a comeback at the Pakistan Stock Exchange (PSX) on Wednesday as the KSE-100 index touched a new peak above the 72,000-point mark over improved economic prospects. Earlier, trading began on an optimistic note and the KSE-100 index…
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Stocks surge on Saudi deal hopes | The Express Tribune
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KARACHI: Pakistan Stock Exchange (PSX) on Friday snapped a three-day losing streak and notched up significant gains as the KSE-100 index reached a historic high above 70,900 with a surge of 620 points. In the morning, trading was shadowed by…
