Stocks
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Stocks in global markets nosedive as Treasury yield hits 16-year high
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[ad_1] A currency dealer wearing a face mask monitors exchange rates in a trading room at KEB Hana Bank in Seoul. — AFP/File NEW YORK: Global stocks tumbled Tuesday after a closely watched US bond benchmark hit a 16-year high,…
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Stocks take hammering as KSE-100 slumps massively amid economic uncertainty
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[ad_1] In this file photo, Pakistani stockbrokers watch the latest share prices on a digital board during a trading session at the Karachi Stock Exchange (KSE). — AFP/File KARACHI: Bears strengthened their hold on the Pakistan Stock Exchange (PSX) on…
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Stocks under pressure over rupee slide | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) landed in a bearish territory as investor pessimism enveloped the market over the latest round of rupee depreciation and a number of other discouraging developments, putting the benchmark KSE-100 index under constant pressure. The…
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Stocks remain flat in range-bound trading | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) endured a rangebound session on Wednesday, influenced by the rupee’s continuous fluctuation, weak corporate earnings and a rising power tariff. In the morning, the trading session began on a promising note reaching an intra-day…
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Stocks dragged down by nearly 780 points over investor pessimism | The Express Tribune
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[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) on Monday dived into the red zone as the KSE-100 index was marked by collective pessimism over the latest round of rupee depreciation coupled with disclosure of President’s statement regarding refusal to sign…
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Pakistan stocks rally as KSE-100 jumps over 700 points
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[ad_1] A stock broker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) jumped by more than…
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Stocks rally as Pakistan, IMF strike deal after nine-month delay
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[ad_1] An investor talks on his phone at the Pakistan Stock Exchange. — AFP/File KARACHI: Following Pakistan’s staff-level agreement with the International Monetary Fund (IMF) over the weekend, Pakistan Stock Exchange (PSX) Monday witnessed a bullish trend as the KSE-100…
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Stocks fall below 41,000 amid dull trading | The Express Tribune
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[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Friday witnessed a lacklustre trading session as investors refrained from taking fresh positions and the KSE-100 index closed below the 41,000-point mark with marginal losses. Investors kept a low profile and remained under…
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Adani group’s market losses hit $100b as stocks sink | The Express Tribune
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[ad_1] NEW DELHI: India’s Adani group shares plunged on Thursday after the Gautam Adani-led conglomerate shelved a $2.5 billion share sale amid a turbulent market, bringing its cumulative market capitalisation losses to $100 billion since last week’s short-seller attack. The…
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Bourse rallies, led by E&P stocks | The Express Tribune
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[ad_1] KARACHI: Pakistan’s stock market made a handsome recovery on Monday following previous week’s battering as government’s move to rein in the growing circular debt and a slight easing of political noise sparked optimism among investors. Market players welcomed the…
