Karachi, June 10, 2024 – Pakistan stock market experienced a significant decline on Monday, with the KSE-100 index falling by 501 points amid investor uncertainties surrounding the upcoming 2024-25 budget.
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Budget and Monetary Policy to Steer Pakistan Stock Market
The upcoming week at the Pakistan Stock Exchange (PSX) is expected to be driven by two key events: the federal budget for 2024-25 and the Monetary Policy Statement (MPS), according to analysts at Arif Habib Limited.
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Policy Rate Cut Hopes Stave Off Bloodbath in Pakistan Stocks
Pakistan’s stock market experienced a rollercoaster ride on Friday, narrowly avoiding a significant decline thanks to hopes of a policy rate cut by the central bank.
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KSE-100 Index Faces 356-Point Decline Amid Tax Fears
PkRevenue.com – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) experienced a significant decline of 356 points on Thursday, extending losses amidst apprehensions surrounding potential taxation measures in the upcoming budget for the fiscal year 2024-25.
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Pakistan Stocks Slide as Banking and Energy Sectors Slump
PkRevenue.com – Pakistan stocks witnessed a decline on Wednesday, extending its recent downward trend. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 74,219 points, a decrease of 447 points or 0.60% from the previous day’s closing of 74,666 points.
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KSE-100 Index Plunges 908 Points in Surprise Bearish Trading
PkRevenue.com — The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant downturn on Tuesday, shedding 908 points in a surprising bearish trading session.
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Pakistan Stock Market Falls by 303 Points on Week Start
PkRevenue.com – The Pakistan Stock Exchange (PSX) opened the week on a negative note as the benchmark KSE-100 index dropped by 303 points on Monday, reflecting widespread negative sentiment among investors. The index closed at 75,575 points, down from last Friday’s closing of 75,878 points, marking a 0.40% decline.
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Stock Market Investors to Monitor 2024-25 Budget Next Week
PkRevenue.com – Stock market investors are gearing up to closely monitor developments related to the Federal Budget 2024-25 in the upcoming week commencing on June 3, 2024. Analysts at Arif Habib Limited are optimistic about a positive momentum and suggest that the anticipation surrounding the budget will play a crucial role in shaping market sentiments.
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Pakistan Stock Market Declines by 42 Points in Mixed Trading
PkRevenue.com – The Pakistan Stock Market experienced a modest decline of 42 points on Thursday amid a mixed trading session, according to analysts at Topline Securities.
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KSE-100 Index Loses 681 Points Amid New Tax Reports
PkRevenue.com – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) plummeted by 681 points on Wednesday, reacting to reports of new tax measures anticipated in the upcoming budget for the fiscal year 2024-25.
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