Analysts are optimistic about the Karachi Stock Exchange (KSE) maintaining its positive momentum in the coming week, buoyed by a surge in foreign investments.
(more…)Tag: PSX
-
Equity market witnesses buying on rating reports
The equity market of Pakistan Stock Exchange (PSX) experienced a day of mixed trading activities, marked by buying and selling patterns, following the news of Fitch Ratings downgrading Pakistan’s rating. The benchmark KSE-100 index closed at 40,264 points, exhibiting a slight decline of 24 points compared to the previous day’s closing at 40,289 points.
(more…) -
Stock market remains buoyant on reform package
Stock market has remained buoyant on reform package and made notable gain of 231 points to reach 40,289 points.
(more…) -
KSE-100 gains 156 points on mini-budget positive outcome
On Wednesday, the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) recorded a notable gain of 156 points, closing at 40,058 points as opposed to the previous day’s closing at 39,902 points.
(more…) -
Stock brokers directed to submit clients’ assets segregation statement
Karachi: The Pakistan Stock Exchange (PSX) has issued a directive requiring stock brokers to submit clients’ assets segregation statements duly verified by statutory auditors.
(more…) -
German consul general opens PSX trading
Karachi: German Consul General Eugen Wollfarth inaugurated trading at the Pakistan Stock Exchange (PSX) on Wednesday by ringing the traditional trading bell.
(more…) -
Expected relief in mini-budget keeps equity market bullish
KARACHI – The Pakistan Stock Exchange (PSX) remained in a bullish mode on Tuesday as investors held optimistic expectations regarding the upcoming mini-budget or economic reform package.
(more…) -
KSE-100 gains 237 points on expected tax measures
The KSE-100 Index of Pakistan Stock Exchange (PSX) has gained 237 points on Monday in the anticipation of expected tax measures. The benchmark index ended 39,544 points, up from 39,307 points.
(more…) -
Attock Cement announces completion of Iraq project
Attock Cement Pakistan Limited (ACPL) has announced significant progress on its project in Iraq, confirming that the project is now at the commissioning stage. The company is set to begin production in the near future, marking a major milestone in their international expansion endeavors.
(more…) -
Weekly Review: equity market to move with mini-budget announcement
Weekly Review: The equity market in Pakistan is poised for significant movement in the coming week, primarily revolving around key developments, including the presentation of a mini-budget on January 23, 2019.
(more…)