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 Becomes Second Most Liquid Market in MSCI Frontier Markets
Karachi, November 7, 2024 – In a strong show of performance, Pakistan’s stock market has risen to prominence as the second most liquid market in the MSCI Frontier Markets (FM) index. This achievement underscores Pakistan’s appeal within the global investment landscape, as the market outperformed the MSCI FM index by an impressive 43.4% in year-to-date 2024, according to Arif Habib Limited’s latest analysis.
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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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Pakistan Stock Exchange Appoints Farrukh Sabzwari as New CEO
Karachi, November 5, 2024 – The Pakistan Stock Exchange (PSX) has announced the appointment of Farrukh H. Sabzwari as its new Chief Executive Officer (CEO). Sabzwari, a veteran in investment banking and capital markets, will assume his new role on November 18, 2024, bringing over 25 years of industry experience to the exchange.
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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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