Karachi, December 28, 2024 – The Pakistan Stock Exchange (PSX) is poised to sustain its positive trajectory in the coming week, fueled by fresh liquidity inflows associated with the “January effect.” Analysts at Arif Habib Limited have expressed optimism that the PSX will continue its upward momentum, bolstered by attractive valuations and renewed investor confidence.
(more…)Category: Stock & Commodity
-
SECP Approves Stock Split Guidelines for PSX
Islamabad, December 28, 2024 – The Securities and Exchange Commission of Pakistan (SECP) has granted approval to the Pakistan Stock Exchange Limited (PSX) to issue Guidelines for Stock Splits aimed at encouraging listed companies to adopt this financial strategy.
(more…) -
Gold and Silver Prices Today in Pakistan – December 28, 2024
The latest prices for gold and silver in Pakistan, as of 12:05 AM on December 28, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
(more…) -
KSE-100 Index Recovers 928 Points Ahead Weekly Holidays
Karachi, December 27, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) staged an impressive recovery on Friday, gaining 928 points ahead of the weekly holidays. The KSE-100 Index closed at 111,351 points, up from the previous day’s closing of 110,423 points, reflecting an increase of 0.84%.
(more…) -
Gold Prices Drop in Pakistan Amid Global Trends
Karachi, December 27, 2024 – The gold prices in Pakistan witnessed a decline on Friday, falling by Rs 800 per Tola due to a downward trend in international markets. This brings some relief to local buyers, especially those preparing for weddings and other events requiring gold purchases.
(more…) -
Tax Bill Unlikely to Impact Stock Market: Analysts
Karachi, December 27, 2024 – Financial analysts assert that the recently approved tax bill is unlikely to exert any substantial influence on the stock market, primarily due to the minimal involvement of non-filers in trading activities.
(more…) -
Gold and Silver Prices Today in Pakistan – December 27, 2024
The latest prices for gold and silver in Pakistan, as of 12:00 AM on December 27, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
(more…) -
Gold Prices in Pakistan Surge by Rs 1,400 Per Tola
Karachi, December 26, 2024 – Gold prices in Pakistan experienced a notable increase of Rs 1,400 per tola on Thursday, driven by a sharp rise in the international bullion market. This surge brought the price of 24-karat gold to Rs 274,000 per tola, up from the previous closing rate of Rs 272,600 in local markets.
(more…) -
PSX Drops 1.77% Amid Massive Selling Pressure
Karachi, December 26, 2024 – The Pakistan Stock Exchange (PSX) experienced a sharp decline on Thursday, as the benchmark KSE-100 index dropped by 1,991 points, or 1.77%, following intense selling activity ahead of the year-end. The index closed at 110,423 points, down from the previous closing of 112,414 points on December 24, 2024.
(more…) -
Gold and Silver Prices Today in Pakistan – December 26, 2024
The latest prices for gold and silver in Pakistan, as of 12:10 AM on December 26, 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
(more…)