The Pakistan Stock Exchange (PSX) has experienced an extraordinary rally, with the benchmark KSE-100 index gaining 14,480 points, equivalent to a remarkable 15.31%, over eight consecutive trading sessions. This record-breaking surge has made global headlines, placing PSX among the world’s best-performing markets based on USD returns.
(more…)Tag: KSE-100
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KSE-100 Surges for 8th Straight Session, Crosses 109K Points
Karachi, December 6, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) sustained its bullish momentum for the eighth consecutive session on Friday, achieving a historic high of 109,054 points. This remarkable rally underscores investor confidence bolstered by improving economic indicators and favorable developments on the political and financial fronts.
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KSE-100 Hits New High of Over 108K Points on Rate Cuts Hopes
Karachi, December 5, 2024 – The benchmark KSE-100 index of Pakistan Stocks (PSX) surged to a new record high on Thursday, surpassing the 108,000-point mark for the first time.
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KSE-100 Hits Record High, Closes Above 105K for First Time
Karachi, December 4, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) achieved a historic milestone on Wednesday, closing above the 105,000-mark for the first time. The index gained 545 points to settle at 105,104, up from the previous day’s close of 104,559.
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KSE-100 Soars to New High Amid Monetary Policy Optimism
Karachi, December 3, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index reached an unprecedented milestone on Tuesday, closing at 104,559 points, driven by strong investor sentiment surrounding an anticipated rate cut by the State Bank of Pakistan (SBP). This surge represents an impressive gain of 1,284 points from the previous day’s close at 103,275 points.
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KSE-100 Hits New High of 103,275 Points Amid Bull-Run
Karachi, December 2, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index surged to an unprecedented high of 103,275 points on Monday, marking a significant milestone in the ongoing bull run.
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PSX Expected to Maintain Positive Momentum Coming Week
The Pakistan Stock Exchange (PSX) is expected to maintain its upward trajectory in the upcoming week, with analysts at Arif Habib Limited forecasting further gains fueled by declining inflation expectations. Analysts predict that the inflation rate for November 2024 will ease to 4.7% year-on-year (YoY), a development likely to boost investor sentiment and push the PSX higher.
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KSE-100 Hits New Record at 101,357 Points Amid Market Rally
Karachi, November 29, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) reached an all-time high of 101,357 points on Friday, marking a gain of 1,274 points from the previous day’s close of 100,083 points.
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PSX Celebrates First Closing Above 100K in Stunning Turnaround
Karachi, November 28, 2024 – The Pakistan Stock Exchange (PSX) achieved a historic milestone on Thursday as the benchmark KSE-100 Index soared past the 100,000-point mark for the first time. This remarkable achievement came in the wake of earlier market turbulence caused by violent protests in Islamabad.
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Landmark Achievement: PSX Reaches 100,000 Points
Karachi, November 28, 2024 – The Pakistan Stock Exchange (PSX) hit a historic milestone, surpassing 100,000 points at the start of trading on Thursday.
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