Karachi, September 27, 2024 – The Pakistan Stock Exchange (PSX) faced another challenging day on Friday, as the benchmark KSE-100 index dropped by 366 points, continuing its downward trend.
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KSE-100 Index Drops 590 Points Despite IMF Loan Approval
Karachi, September 26, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant drop of 590 points on Thursday, closing at 81,658 points, despite the positive news of the International Monetary Fund (IMF) approving a $7 billion Extended Fund Facility (EFF) for Pakistan. The index, which had closed at a record high of 82,248 points the previous day, reflected a 0.72% decline by the end of the session.
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KSE-100 Index Hits Record High at 82,248 Points
Karachi, September 25, 2024 – The KSE-100 Index of the Pakistan Stock Exchange (PSX) soared to an all-time high of 82,248 points on Wednesday, buoyed by positive investor sentiment surrounding the anticipated approval of a loan package from the International Monetary Fund (IMF).
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Pakistan Stocks Succumb to Selling Pressure, Drop 367 Points
Karachi, September 24, 2024 – The Pakistan Stock Exchange (PSX) experienced a sharp decline on Tuesday, as the benchmark KSE-100 index fell by 367 points, ending the session at 81,484 points. This marked a significant downturn from the previous day’s closing of 81,851 points, highlighting the market’s susceptibility to selling pressure.
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KSE-100 Index Sheds 224 Points Amid Profit Taking
Karachi, September 23, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) faced a notable dip on Monday as investors opted for profit-taking, resulting in a decline of 224 points.
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Pakistan Stocks Likely to Maintain Upward Trajectory Next Week
Karachi, September 21, 2024 – Pakistan stocks projected to continue its upward momentum next week, beginning on September 23, 2024, driven by favorable economic developments and positive market sentiment.
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Bulls Retreat After Reaching 82K-Level at PSX
Karachi, September 19, 2024 – The Pakistan Stock Exchange (PSX) witnessed a strong rally on Thursday as the benchmark KSE-100 index surged past the psychological barrier of 82,000 points for the first time in history. However, the bullish momentum slowed toward the end of the session, with investors opting to lock in profits.
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Bulls Take Control as KSE-100 Index Surges 970 Points
Karachi, September 18, 2024 – The Pakistan Stock Exchange (PSX) experienced a strong bullish rally on Wednesday, with the benchmark KSE-100 index surging by 970 points. The index closed at 80,461 points, significantly higher than the previous closing of 79,491 points on September 16, 2024.
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Political Tension Restricts KSE-100 Index to 158-Point Gain
Karachi, September 16, 2024 – Political uncertainty surrounding constitutional amendments weighed heavily on Pakistan’s stock market on Monday, restricting the KSE-100 Index to a modest gain of 158 points. The Pakistan Stock Exchange (PSX) saw the KSE-100 index close at 79,491 points, up from Friday’s closing of 79,333 points.
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PSX Likely to Sustain Positive Momentum Next Week
Karachi, September 14, 2024 – The Pakistan Stock Exchange (PSX) is expected to maintain its positive momentum in the upcoming week, beginning September 16, 2024. Analysts at Arif Habib Limited forecast a continuation of the gains seen at the close of the previous week, buoyed by multiple favorable economic factors.
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