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Analysts have expressed cautious optimism about a potential recovery at the Pakistan Stock Exchange (PSX) in the upcoming week, following a sharp decline in the market. While the short-term outlook appears positive, experts remain wary of the volatile nature of the market, which has experienced significant fluctuations in recent days.
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Karachi, December 20, 2024 – After enduring significant losses in the past three trading sessions, the Pakistan Stock Exchange (PSX) rebounded sharply on Friday, posting a substantial gain of 3,238 points or 3.05%. This recovery is attributed to growing optimism regarding potential political dialogue between the government and the opposition party.
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Karachi, December 19, 2024 – The Pakistan Stock Exchange (PSX) on Thursday experienced a dramatic downturn, closing with a significant loss of 4.32% amid widespread negative sentiments triggered by the introduction of a new tax bill by the government of Pakistan.
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Karachi, December 18, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant decline on Wednesday, closing at 111,070 points. This represented a drop of 3,790 points, or 3.3%, from the previous day’s closing of 114,860 points, marking a major setback for the index.
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The Pakistan Stock Exchange (PSX) experienced a sharp decline on Wednesday, with the benchmark KSE-100 index plummeting by 3,196 points or 2.78% by midday trading at approximately 3:00 PM. The index fell to 111,665 points, down from the previous day’s closing of 114,861 points.
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Karachi, December 17, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant decline on Tuesday, shedding 1,308 points or 1.13% as selling pressure mounted following the announcement of the policy rate cut by the State Bank of Pakistan (SBP).
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Karachi, December 16, 2024 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) surged to an all-time high of 116,169 points on Monday, setting a new record. This marks a substantial gain of 1,868 points from the previous closing level of 114,301 points last Friday.
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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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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 […]
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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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