KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) fell by 796 points on Tuesday on hefty increase in Karachi Interbank Offered Rate (KIBOR) following key policy rate rise. The KSE-100 index closed at 44,949 points as against the previous day’s closing of 45,745 points, showing a decrease of 796 points. Analysts at […]

KARACHI: Stocks plunged 744 points on Monday while reacting to an unexpected hike in interest rate by the central bank. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 45,745 points as against last Friday’s closing of 46,489 points. Analysts at Arif Habib Limited said that bears ruled over the bulls today […]

KARACHI: The stock market is likely to react to a hike in the policy rate during next week. The State Bank of Pakistan (SBP) increased the key policy rate by 150 basis points to 8.75 per cent. Analysts at Arif Habib Limited said that following clarity in the monetary policy, the market will react accordingly […]

KARACHI: The stocks fell by 348 points on Wednesday amid expectations of a rise in the key policy rate and high inflation. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended at 46,194 points from the previous day’s closing of 46,542 points. Analysts at Arif Habib Limited said that bearish momentum was witnessed […]

KARACHI: The KSE-100 index registered an increase of 870 points on Wednesday as investors’ sentiments improved on IMF talks resumption. The benchmark KSE-100 Index of Pakistan Stock Exchange (PSX) at 45,500 points as against last trading on October 18, 2021 at 44,629 points. Analysts at Arif Habib Limited said that as the news of resumptions […]

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) fell by 192 points on Monday. The index declined owing to uncertainty in dialogues of the government authorities with the IMF. The index closed at 44,629 points as against last Friday’s closing of 44,821 points. Analysts at Arif Habib Limited said that the market took […]

KARACHI: The stock market likely to move positive during next week on hope of resumption of IMF program. Analysts at Arif Habib Limited said that the market to move positive as we get closer to resuming the IMF program and receiving a $1 billion tranche. Whereas recent bouts of selling at the index has once […]