Karachi, December 16, 2024 – The Pakistan Stock Exchange (PSX) witnessed a historic surge during intraday trading on Monday, crossing the 116,000-point mark at 12:00 PM. The benchmark KSE-100 Index climbed to 116,104 points, gaining 1,802 points from Friday’s close of 114,302, fueled by anticipation of a major policy rate cut.
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PSX Expects Bullish Streak on Rate Cut Anticipations
The Pakistan Stock Exchange (PSX) is poised to maintain its bullish momentum in the coming week, driven by expectations of a significant interest rate cut. Analysts at Arif Habib Limited anticipate a 200 basis points reduction in the policy rate, potentially bringing it down to 13%. Investors are closely watching the upcoming Monetary Policy Committee (MPC) meeting scheduled for December 16, 2024, marking the final policy announcement for the year.
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Bulls Triumph Over Bears at KSE-100 with a 121-Point Gain
Karachi, December 13, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a strong session on Friday, as bulls successfully overcame bears, resulting in a 121-point gain.
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KSE-100 Index Achieves Historic High, Posts Third-Largest Gain
Karachi, December 12, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to an unprecedented level on Thursday, recording its third-largest single-day gain to close at a historic high of 114,180 points. The index surged by 3,370 points, equivalent to a 3.04% increase, compared to the previous day’s closing of 110,810 points.
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KSE-100 Index Hits Fresh Record High at 110,810 Points
Karachi, December 11, 2024 – The Pakistan Stock Exchange (PSX) witnessed a strong rebound on Wednesday, with the benchmark KSE-100 index rallying to a fresh record high of 110,810 points, regaining momentum after a day of profit-taking. The index surged by 1,914 points, or 1.76%, driven by robust buying across key sectors.
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KSE-100 Ends Nine-Day Record Rally, Declines by 1,074 Points
Karachi, December 10, 2024 – The Pakistan Stock Exchange (PSX) witnessed a reversal on Tuesday as the KSE-100 index fell by 1,074 points, marking the end of a record-breaking nine-session rally.
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KSE-100 Ends Nears 110,000 Points, Hits Another Record High
Karachi, December 9, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) surged to a new record high on Monday, closing just shy of the 110,000-point milestone. The KSE-100 index ended the session at 109,970 points, marking an impressive gain of 916 points from Friday’s closing of 109,034 points.
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Dream Rally – KSE-100 Gains 14,480 Points in 8 Straight Sessions
The Pakistan Stock Exchange (PSX) has experienced an extraordinary rally, with the benchmark KSE-100 index gaining 14,480 points, equivalent to a remarkable 15.31%, over eight consecutive trading sessions. This record-breaking surge has made global headlines, placing PSX among the world’s best-performing markets based on USD returns.
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KSE-100 Surges for 8th Straight Session, Crosses 109K Points
Karachi, December 6, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) sustained its bullish momentum for the eighth consecutive session on Friday, achieving a historic high of 109,054 points. This remarkable rally underscores investor confidence bolstered by improving economic indicators and favorable developments on the political and financial fronts.
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KSE-100 Hits New High of Over 108K Points on Rate Cuts Hopes
Karachi, December 5, 2024 – The benchmark KSE-100 index of Pakistan Stocks (PSX) surged to a new record high on Thursday, surpassing the 108,000-point mark for the first time.
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