Karachi, December 16, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) surged to an all-time high of 116,169 points on Monday, setting a new record. This marks a substantial gain of 1,868 points from the previous closing level of 114,301 points last Friday.
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PSX Surpasses 116,000 Points Amid Hopes of Major Rate Cut
Karachi, December 16, 2024 – The Pakistan Stock Exchange (PSX) witnessed a historic surge during intraday trading on Monday, crossing the 116,000-point mark at 12:00 PM. The benchmark KSE-100 Index climbed to 116,104 points, gaining 1,802 points from Friday’s close of 114,302, fueled by anticipation of a major policy rate cut.
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Gold and Silver Prices Today in Pakistan – December 16, 2024
The latest prices for gold and silver in Pakistan, as of 12:05 AM on December 16, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Gold and Silver Prices Today in Pakistan – December 15, 2024
The latest prices for gold and silver in Pakistan, as of 12:00 AM on December 15, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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PSX Expects Bullish Streak on Rate Cut Anticipations
The Pakistan Stock Exchange (PSX) is poised to maintain its bullish momentum in the coming week, driven by expectations of a significant interest rate cut. Analysts at Arif Habib Limited anticipate a 200 basis points reduction in the policy rate, potentially bringing it down to 13%. Investors are closely watching the upcoming Monetary Policy Committee (MPC) meeting scheduled for December 16, 2024, marking the final policy announcement for the year.
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Gold and Silver Prices Today in Pakistan – December 14, 2024
The latest prices for gold and silver in Pakistan, as of 12:10 AM on December 14, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Bulls Triumph Over Bears at KSE-100 with a 121-Point Gain
Karachi, December 13, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a strong session on Friday, as bulls successfully overcame bears, resulting in a 121-point gain.
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Gold Prices in Pakistan Decline Sharply by Rs 5,000 per Tola
Karachi, December 13, 2024 – Gold prices in Pakistan experienced a sharp drop on Friday, falling by Rs 5,000 per tola, following a significant decline in the international gold markets. The price of 24-karat gold per tola ended at Rs 277,800, down from the previous day’s closing of Rs 282,800 in the local markets. This decline marks a notable shift after gold prices in Pakistan reached an all-time high of Rs 287,900 per tola on October 30, 2024.
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Gold and Silver Prices Today in Pakistan – December 13, 2024
The latest prices for gold and silver in Pakistan, as of 12:05 AM on December 13, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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KSE-100 Index Achieves Historic High, Posts Third-Largest Gain
Karachi, December 12, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to an unprecedented level on Thursday, recording its third-largest single-day gain to close at a historic high of 114,180 points. The index surged by 3,370 points, equivalent to a 3.04% increase, compared to the previous day’s closing of 110,810 points.
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