Expected relief in mini-budget keeps equity market bullish
KARACHI – The Pakistan Stock Exchange (PSX) remained in a bullish mode on Tuesday as investors held optimistic expectations regarding the upcoming mini-budget or economic reform package.
KARACHI – The Pakistan Stock Exchange (PSX) remained in a bullish mode on Tuesday as investors held optimistic expectations regarding the upcoming mini-budget or economic reform package.
The KSE-100 Index of Pakistan Stock Exchange (PSX) has gained 237 points on Monday in the anticipation of expected tax measures. The benchmark index ended 39,544 points, up from 39,307 points.
Weekly Review: The equity market in Pakistan is poised for significant movement in the coming week, primarily revolving around key developments, including the presentation of a mini-budget on January 23, 2019.
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) concluded on a positive note, ending the trading day with a substantial gain of 202 points.
KARACHI – The Pakistan Stock Exchange (PSX) saw a significant surge as the benchmark KSE-100 index ended the trading session with a gain of 364 points, closing at 39,413 points as opposed to 39,049 points, offering a positive start to the trading week.
KARACHI: Finance Minister Asad Umar has confirmed that the planned mini budget will be unveiled on January 23, 2019. This update came during his visit to the Karachi Chamber of Commerce and Industry (KCCI), where he elaborated on the government’s intentions behind this financial move.