Stocks
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Stocks surge on Saudi deal hopes | The Express Tribune
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[ad_1] 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 the escalating Middle East crisis following news reports saying that Israel had carried out…
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Billionaires advise investing in these 5 best stocks right now
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[ad_1] The stock market is a favourite place for billionaires to invest in. Many of them have accumulated their wealth by successfully navigating the world of stocks. Here is a list of the five best companies to buy stocks in right now to make money. Alphabet Inc (NASDAQ:GOOGL) American technology conglomerate Alphabet Inc is the holding…
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Stocks climb to new record above 68k | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Thursday continued its record-setting rally as it surged above 68,000 points over investors’ growing interest in pharmaceutical stocks following court’s verdict in favour of the industry, and a robust corporate earnings outlook. While continuing the previous day’s bullish momentum, the trading session began with a spike. However, the…
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Intuitive Machines stocks rise by 300% as Odysseus spacecraft reaches near Moon
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[ad_1] This screengrab shows Intuitive Machines’ Odysseus lunar lander separates from the rocket’s upper stage and heads toward the moon. — SpaceX/Nasa/File With its IM-1 mission headed for the lunar surface, shares of Intuitive Machines have risen more than 300% since early January, just over a month after they reached all-time lows. Wall Street analysts…
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Market watch : Stocks slump over changing political scenario | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Thursday slid nearly 2% to around 61,000 points as the race among different political parties intensified for forming a new government, sparking worries among investors who refrained from building new positions. In the morning, the trading session commenced on a dull note as selling pressure weighed on investor…
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Stocks climb by over 1,000 points as political clarity emerges
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[ad_1] A woman takes pictures of the electronic board displaying data at the Pakistan Stock Exchange in Karachi, on December 21, 2022. — PPI KARACHI: The Pakistan Stock Exchange (PSX) started the day on a positive note as the KSE-100 index increased by over 1,000 points on Wednesday due to the clarity on the political front. …
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Stocks slump over poll result delay | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) was rattled on Friday by the unusual delay in announcement of election results and growing political uncertainty, which led to a plunge of 1,200 points in the KSE-100 index and deterred investors from building their portfolios. Uncertainty gripped the market as initial, unofficial results of general elections trickled in,…
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Late recovery pulls Pakistan stocks out of early freefall
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[ad_1] A broker talks on a phone as he watches latest share prices at the Pakistan Stock Exchange in Karachi on January 27, 2023. — AFP The Pakistan Stock Exchange (PSX) faced significant turbulence today, plunging over 2,000 points initially due to the uncertain outcome of the recent general elections. Despite this setback, the market…
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Stocks slip over high inflation reading | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Tuesday experienced a downturn, following a highly bullish session a day ago, primarily owing to dismal data revealing that the Consumer Price Index (CPI) surged to 29.7% year-on-year (YoY) in December 2023. In the morning, the trading session began on a robust note, touching intra-day high at 65,333.69…
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Bloodbath at PSX: Stocks nosedive by over 2,500 points as bourse enters ‘correction’ phase
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[ad_1] An investor at the Pakistan Stock Exchange in Karachi in this undated picture. — AFP/File KARACHI: The Pakistan Stock Exchange (PSX) took a hammering on Tuesday as the benchmark index fell over 2,000 points as the bourse entered the “correction” phase. The benchmark KSE-100 index underwent selling pressure from the word go, dipping to a…
