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Tag: KSE-100

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PSX Recovery in Question for the Week Ahead

December 21, 2024December 21, 2024Faisal Shahnawaz

Analysts have expressed cautious optimism about a potential recovery at the Pakistan Stock Exchange (PSX) in the upcoming week, following a sharp decline in the market. While the short-term outlook appears positive, experts remain wary of the volatile nature of the market, which has experienced significant fluctuations in recent days.

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PSX KSE-100

PSX Rebounds With 3.05% Surge on Political Talks Hopes

December 20, 2024December 20, 2024Faisal Shahnawaz

Karachi, December 20, 2024 – After enduring significant losses in the past three trading sessions, the Pakistan Stock Exchange (PSX) rebounded sharply on Friday, posting a substantial gain of 3,238 points or 3.05%. This recovery is attributed to growing optimism regarding potential political dialogue between the government and the opposition party.

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PSX KSE-100

Pakistan Stock Market Crashes 4.32% on New Tax Bill

December 19, 2024December 19, 2024Shahnawaz Akhter

Karachi, December 19, 2024 – The Pakistan Stock Exchange (PSX) on Thursday experienced a dramatic downturn, closing with a significant loss of 4.32% amid widespread negative sentiments triggered by the introduction of a new tax bill by the government of Pakistan.

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PSX KSE-100

KSE-100 Records Major Fall of 3.3%, Ends at 111,070 Points

December 18, 2024December 18, 2024Faisal Shahnawaz

Karachi, December 18, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant decline on Wednesday, closing at 111,070 points. This represented a drop of 3,790 points, or 3.3%, from the previous day’s closing of 114,860 points, marking a major setback for the index.

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Pakistan Stocks - APP

PSX Dwindles 2.78% in Midday Trading Amid Selling Pressure

December 18, 2024December 18, 2024Shahnawaz Akhter

The Pakistan Stock Exchange (PSX) experienced a sharp decline on Wednesday, with the benchmark KSE-100 index plummeting by 3,196 points or 2.78% by midday trading at approximately 3:00 PM. The index fell to 111,665 points, down from the previous day’s closing of 114,861 points.

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PSX KSE-100

KSE-100 Plunges 1.13% in Post Policy Rate Announcement

December 17, 2024December 17, 2024Shahnawaz Akhter

Karachi, December 17, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant decline on Tuesday, shedding 1,308 points or 1.13% as selling pressure mounted following the announcement of the policy rate cut by the State Bank of Pakistan (SBP).

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PSX KSE-100

KSE-100 Index Hits All-Time High at 116,169 points

December 16, 2024December 16, 2024Faisal Shahnawaz

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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Pakistan Stocks - APP

PSX Surpasses 116,000 Points Amid Hopes of Major Rate Cut

December 16, 2024December 16, 2024Shahnawaz Akhter

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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PSX KSE-100

PSX Expects Bullish Streak on Rate Cut Anticipations

December 14, 2024December 14, 2024Faisal Shahnawaz

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 […]

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PSX KSE-100

Bulls Triumph Over Bears at KSE-100 with a 121-Point Gain

December 13, 2024December 13, 2024Shahnawaz Akhter

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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