Pakistan stocks surged on Thursday, with the KSE-100 index rising by 634 points, as Saudi Arabia announced a substantial $2 billion additional deposit to support the country’s economy.
(more…)Tag: PSX
-
Pakistan stocks up 30 points in sluggish participation
KARACHI: Pakistan stocks showed a modest recovery on Wednesday, gaining 30 points amid subdued investor participation throughout the trading session.
(more…) -
Stocks end down by 203 points on lackluster participation
Pakistan stocks ended down by 203 points on Tuesday due to lackluster participation of investors fearing hike in interest rate and rising political noise.
(more…) -
Pakistan stocks dip by 111 points on policy rate hike speculations
Pakistan stocks on Monday declined by 111 points as investors opted to sideline due to policy rate hike speculations.
(more…) -
Weekly Review: investors to eye monetary policy decision
Investors in the Pakistan Stock Exchange (PSX) are set to closely monitor the upcoming week as all eyes turn toward the highly anticipated Monetary Policy Committee (MPC) decision. Analysts at Arif Habib Limited expect a further interest rate hike, which could have significant implications for the stock market.
(more…) -
Pakistan stocks gain 153 points in mixed trading
KARACHI: Pakistan stocks gained 153 points on Friday in mixed trading sessions observed during the day.
(more…) -
Pakistan stocks shed 32 points in sluggish trading
KARACHI: Pakistan stocks ended down by 32 points on Thursday in slugging trading session during the day.
(more…) -
Pakistan stocks fall 202 points as IMF program delay haunts investors
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a downturn on Wednesday, with the benchmark KSE-100 index shedding 202 points as investors’ sentiments soured due to a delay in the International Monetary Fund (IMF) loan program.
(more…) -
Capital market seeks income tax exemption on foreign investment
Pakistan’s capital market has recommended tax exemption on income derived from foreign investments.
(more…) -
PSX suggests aligning CGT on disposal of securities, immovable properties
Pakistan Stock Exchange (PSX) in its proposals for budget 2023-2024 suggested to align rates of capital gains tax on disposal of listed securities with the rates of CGT on sale of immovable property.
(more…)