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Tag: KSE-100

Pakistan Stock Exchange

Pakistan Stocks Succumb to Profit Taking After Hitting 80K-Level

June 21, 2024June 21, 2024Faisal Shahnawaz

KARACHI, June 21, 2024 — The Pakistan Stocks experienced significant volatility on Friday, with the benchmark KSE-100 index crossing the psychological barrier of 80,000 points before succumbing to massive profit-taking.

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Pakistan Stock Exchange

KSE-100 Index Hits All-Time High at 78,802 Points

June 20, 2024June 20, 2024Faisal Shahnawaz

Karachi, June 20, 2024 – Pakistan’s stock market reached a historic milestone on Thursday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) surging to an all-time high of 78,802 points.

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PSX Logo

Pakistan Stocks to Observe Two Trading Sessions Next Week

June 15, 2024June 15, 2024Faisal Shahnawaz

Karachi, June 15, 2024 –Pakistan stocks will observe only two trading sessions next week, starting June 17, 2024, due to public holidays announced for Eid-ul-Adha.

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Pakistan Stock Exchange

KSE-100 Index Reaches 76,707 Points in Post-Budget Trading

June 14, 2024June 14, 2024Faisal Shahnawaz

Karachi, June 14, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) reached a record high of 76,707 points on Friday, driven by post-budget optimism. The index closed with a gain of 499 points, up from the previous day’s closing of 76,208 points.

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bulls and bears of stocks

Pakistan Stocks Soar with Record Single-Day Gain of 3,411 Points

June 13, 2024June 13, 2024Faisal Shahnawaz

Karachi, June 13, 2024 – In a historic trading session, Pakistan stocks surged by a record-breaking 3,411 points on Thursday, propelling the benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) to an all-time high of 76,208 points.

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Pakistan Stock Exchange

Pakistan Stock Market Rebounds on Budget Day

June 12, 2024June 12, 2024Faisal Shahnawaz

PkRevenue.com – The Pakistan stock market witnessed a significant rebound on Wednesday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) recording an increase of 208 points on the day of the budget presentation.

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Pakistan Stock Exchange

Pakistan Stocks Fall by 663 Points on Proposed Tax Measures

June 11, 2024June 11, 2024Faisal Shahnawaz

Karachi, Pakistan – June 11, 2024: Pakistan stocks extended their losses on Tuesday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) dropping by 663 points amidst concerns over proposed tax measures in the upcoming budget for the fiscal year 2024-25.

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Pakistan Stock Exchange

Pakistan Stocks Shed 501 Points on Budget Uncertainties

June 10, 2024June 10, 2024Faisal Shahnawaz

Karachi, June 10, 2024 – Pakistan stock market experienced a significant decline on Monday, with the KSE-100 index falling by 501 points amid investor uncertainties surrounding the upcoming 2024-25 budget.

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PSX Logo

Budget and Monetary Policy to Steer Pakistan Stock Market

June 8, 2024June 8, 2024Faisal Shahnawaz

The upcoming week at the Pakistan Stock Exchange (PSX) is expected to be driven by two key events: the federal budget for 2024-25 and the Monetary Policy Statement (MPS), according to analysts at Arif Habib Limited.

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Pakistan Stock Exchange

Policy Rate Cut Hopes Stave Off Bloodbath in Pakistan Stocks

June 7, 2024June 7, 2024Faisal Shahnawaz

Pakistan’s stock market experienced a rollercoaster ride on Friday, narrowly avoiding a significant decline thanks to hopes of a policy rate cut by the central bank.

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