Karachi, November 9, 2024 – Pakistan stocks are expected to maintain their record-breaking rally next week, with analysts forecasting continued positive momentum. The main driver of this optimism is the attractive valuations of certain scrips, which are likely to keep drawing investor interest in the coming week.
(more…)Tag: KSE-100
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KSE-100 Index Hits Record High of 93,292 Points in Ongoing Rally
Karachi, November 8, 2024 – The Pakistan Stock Exchange (PSX) continued its bullish streak on Friday, with the KSE-100 Index reaching an unprecedented peak of 93,292 points. This fresh high reflects an impressive rally as investor optimism mounts, fueled by macroeconomic stability and enhanced investor confidence in equity markets.
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KSE-100 Index Hits New Record High of 92,520 Points
Karachi, November 7, 2024 – The KSE-100 index of the Pakistan Stock Exchange (PSX) surged to a new all-time high of 92,520 points on Thursday, reflecting bullish market sentiment and robust investor confidence.
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Pakistan Stocks Decline by 283 Points Amid High Volatility
Karachi, November 6, 2024 – Pakistan stocks saw a decline of 283 points on Wednesday, driven by heightened volatility throughout the trading session. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended the day at 92,021 points, down from the previous close of 92,304 points.
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KSE-100 Index Reaches Record High of 92,304 Points
Karachi, November 5, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index surged to an all-time high of 92,304 points on Tuesday, marking a significant milestone for the local stock market.
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KSE-100 Index Rockets by 1,078 Points in Record-Breaking Rally
Karachi, November 4, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index catapulted by 1,078 points on Monday, continuing its remarkable upward trajectory as it reached an all-time high of 91,938 points. This rally reflects a renewed investor confidence amid expectations of favorable policy adjustments in the upcoming monetary review by the State Bank of Pakistan.
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Policy Rate Cut Anticipation to Drive Stock Market Next Week
Karachi, November 2, 2024 – The stock market is bracing for a potentially bullish trend next week as investors gear up for a possible aggressive policy rate cut by the State Bank of Pakistan (SBP). This shift could inject renewed vigor into the market, as analysts and investors keenly await the SBP’s upcoming monetary policy meeting.
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Bulls Dominate PSX as KSE-100 Index Surges by 1,893 Points
Karachi, November 1, 2024 – The Pakistan Stock Exchange (PSX) witnessed a robust bullish surge on Friday, as the KSE-100 index rallied to close with a substantial gain of 1,893 points, marking one of the strongest performances in recent weeks.
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KSE-100 Index Plunges 1,320 Points Amid Massive Profit Taking
Karachi, October 31, 2024 – Pakistan’s benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a significant drop on Thursday, plunging by 1,320 points due to widespread profit-taking activities.
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KSE-100 Companies Face Profitability Plunge in 1QFY25
Karachi, October 30, 2024 – A somber note has been struck on the corporate landscape as KSE-100 index companies witnessed a significant 14% year-on-year (YoY) decline in profitability during the first quarter of the fiscal year 2024-25 1QFY25.
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