Karachi, November 12, 2024 – Pakistan stocks experienced a notable decline on Tuesday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) dropping by 424 points. The index closed at 93,224 points, down from the previous day’s close of 93,648 points, as investors engaged in significant profit-taking after recent market gains.
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KSE-100 Index Fails to Sustain 94K Level, Closes at Record High
Karachi, November 11, 2024 – The KSE-100 index, Pakistan Stock Exchange’s (PSX) benchmark, reached an all-time high of 94,020 points on Monday before slipping slightly to close at a record 93,648 points. The KSE-100 index gained 356 points from last Friday’s close of 93,292 points, marking a 0.38% increase and maintaining its upward trajectory.
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Pakistan Stocks Likely to Continue Rally Next Week – Nov 11
Karachi, November 9, 2024 – Pakistan stocks are expected to maintain their record-breaking rally next week, with analysts forecasting continued positive momentum. The main driver of this optimism is the attractive valuations of certain scrips, which are likely to keep drawing investor interest in the coming week.
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KSE-100 Index Hits Record High of 93,292 Points in Ongoing Rally
Karachi, November 8, 2024 – The Pakistan Stock Exchange (PSX) continued its bullish streak on Friday, with the KSE-100 Index reaching an unprecedented peak of 93,292 points. This fresh high reflects an impressive rally as investor optimism mounts, fueled by macroeconomic stability and enhanced investor confidence in equity markets.
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KSE-100 Index Hits New Record High of 92,520 Points
Karachi, November 7, 2024 – The KSE-100 index of the Pakistan Stock Exchange (PSX) surged to a new all-time high of 92,520 points on Thursday, reflecting bullish market sentiment and robust investor confidence.
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Pakistan Becomes Second Most Liquid Market in MSCI Frontier Markets
Karachi, November 7, 2024 – In a strong show of performance, Pakistan’s stock market has risen to prominence as the second most liquid market in the MSCI Frontier Markets (FM) index. This achievement underscores Pakistan’s appeal within the global investment landscape, as the market outperformed the MSCI FM index by an impressive 43.4% in year-to-date 2024, according to Arif Habib Limited’s latest analysis.
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Pakistan Stocks Decline by 283 Points Amid High Volatility
Karachi, November 6, 2024 – Pakistan stocks saw a decline of 283 points on Wednesday, driven by heightened volatility throughout the trading session. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended the day at 92,021 points, down from the previous close of 92,304 points.
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Pakistan Stock Exchange Appoints Farrukh Sabzwari as New CEO
Karachi, November 5, 2024 – The Pakistan Stock Exchange (PSX) has announced the appointment of Farrukh H. Sabzwari as its new Chief Executive Officer (CEO). Sabzwari, a veteran in investment banking and capital markets, will assume his new role on November 18, 2024, bringing over 25 years of industry experience to the exchange.
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KSE-100 Index Reaches Record High of 92,304 Points
Karachi, November 5, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index surged to an all-time high of 92,304 points on Tuesday, marking a significant milestone for the local stock market.
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KSE-100 Index Rockets by 1,078 Points in Record-Breaking Rally
Karachi, November 4, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index catapulted by 1,078 points on Monday, continuing its remarkable upward trajectory as it reached an all-time high of 91,938 points. This rally reflects a renewed investor confidence amid expectations of favorable policy adjustments in the upcoming monetary review by the State Bank of Pakistan.
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