trading
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PSX storms past 99,300, defying political chaos in intraday trading
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Brokers are busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Wednesday, October 23, 2024. — PPI After starting off on a negative note, the capital market on Monday weathered the political uncertainty stemming from Pakistan Tehreek-e-Insaf’s (PTI)…
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Rate cut rally resumes to push PSX above 93,000 mark in day trading
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Brokers at the PSX look at the electronic board in this undated image. — Reuters Stocks surged to a record intraday high above the 93,000-point mark on Friday, as a multi-session rally, spurred by the recent policy rate cut is…
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BRICS countries to stop trading in US dollar, plans to introduce new currency
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Doubts in US dollar begin to seep in as new currency comes to the rescue. — Watcher Guru/File The BRICS countries which include, Brazil, Russia, India, China, and South Africa are set to meet for its annual summit in October…
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Nigeria lifts ban on crypto trading | The Express Tribune
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LAGOS: Nigeria’s central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest circular. The Central Bank of Nigeria (CBN) in February 2021…
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PSX invites entrepreneurs for low-cost trading rights | The Express Tribune
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KARACHI: Pakistan Stock Exchange (PSX) has introduced “online only broker” category by inviting all entrepreneurs including start-ups and fintechs to apply for low-cost trading rights and licensing. The settlement of trades through the online only broker will be done by…
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PSX sheds some value in range-bound trading | The Express Tribune
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KARACHI: A range-bound session was observed at the Pakistan Stock Exchange (PSX) on Friday as the falling Pakistani rupee and a bleak economic outlook weighed heavily on investors’ sentiment. Despite the start of trading on a positive note, when the…
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Stocks remain flat in range-bound trading | The Express Tribune
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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 high…
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‘Biggest trade deal’: UK joins trans-Pacific trading bloc
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A Union flag flies from a flagpole opposite the Elizabeth Tower, commonly reffered to as Big Ben, at the Houses of Parliament in central London. — AFP/File What the Britain called their “biggest trade deal” since Brexit, the UK government…
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‘Pakistan to benefit’ from UK’s new trading scheme | The Express Tribune
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KARACHI: Commerce Minister Syed Naveed Qamar said on Tuesday that a new scheme replaced the Generalised Scheme of Preferences (GSP) to help drive business between Pakistan and the United Kingdom (UK), reducing the country’s need for aid. According to a…
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Stocks fall below 41,000 amid dull trading | The Express Tribune
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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 pressure…
