Karachi, October 2, 2024 – The KSE-100 index, the benchmark of the Pakistan Stock Exchange (PSX), posted a gain of 162 points on Wednesday, closing at 81,967 points, up from the previous day’s 81,805.
(more…)Tag: Pakistan Stock Exchange
-
Bulls Reign as KSE-100 Index Surges 690 Points
Karachi, October 1, 2024 – Bulls firmly gripped the Pakistan Stock Exchange (PSX) on Tuesday, propelling the benchmark KSE-100 index to a substantial gain of 690 points. The KSE-100 index closed at 81,804 points, a marked rise from the previous day’s close of 81,114 points, showcasing a robust performance by the local equity market.
(more…) -
IMF Tranche Likely to Push Upward Pakistan Stocks Next Week
Karachi, September 28, 2024 – Pakistan stocks is expected to maintain its positive trajectory next week, buoyed by the receipt of the first tranche under the $7 billion loan program from the International Monetary Fund (IMF).
(more…) -
KSE-100 Index Drops 366 Points Amid Market Pressure
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.
(more…) -
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.
(more…) -
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).
(more…) -
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.
(more…) -
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.
(more…) -
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.
(more…) -
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.
(more…)