Karachi, November 2, 2024 – The stock market is bracing for a potentially bullish trend next week as investors gear up for a possible aggressive policy rate cut by the State Bank of Pakistan (SBP). This shift could inject renewed vigor into the market, as analysts and investors keenly await the SBP’s upcoming monetary policy meeting.
(more…)Tag: PSX
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Bulls Dominate PSX as KSE-100 Index Surges by 1,893 Points
Karachi, November 1, 2024 – The Pakistan Stock Exchange (PSX) witnessed a robust bullish surge on Friday, as the KSE-100 index rallied to close with a substantial gain of 1,893 points, marking one of the strongest performances in recent weeks.
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KSE-100 Index Plunges 1,320 Points Amid Massive Profit Taking
Karachi, October 31, 2024 – Pakistan’s benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a significant drop on Thursday, plunging by 1,320 points due to widespread profit-taking activities.
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KSE-100 Companies Face Profitability Plunge in 1QFY25
Karachi, October 30, 2024 – A somber note has been struck on the corporate landscape as KSE-100 index companies witnessed a significant 14% year-on-year (YoY) decline in profitability during the first quarter of the fiscal year 2024-25 1QFY25.
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KSE-100 Index Plunges 577 Points Amid Highly Volatile Trading
Karachi, October 30, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a tumultuous trading day on Wednesday, concluding with a substantial decline of 577 points.
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KSE-100 Index Continues Record-Breaking Rally on Strong Corporate Earnings
Karachi, October 29, 2024 — The Pakistan Stock Exchange (PSX) witnessed yet another surge as its benchmark KSE-100 index soared to new record levels, driven by robust corporate earnings and substantial institutional buying.
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KSE-100 Index Hits Record High at 90,196 Points Amid Volatility
Karachi, October 28, 2024 — The KSE-100 Index of the Pakistan Stock Exchange (PSX) soared to a record high of 90,196 points on Monday, amidst a volatile trading session that saw significant fluctuations.
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Stock Market to Sustain Momentum Amid Anticipated Rate Cuts
Karachi, October 26, 2024 – The stock market is poised to maintain its bullish momentum next week as investors anticipate a significant policy rate cut, according to analysts at Arif Habib Limited.
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KSE-100 Index Hits Historic High, Closes Just Below 90,000
Karachi, October 25, 2024 – The Pakistan Stock Exchange (PSX) saw a bullish surge on Friday as the KSE-100 index soared to an intra-day record of 90,593.61, marking the first time it breached the 90,000 threshold.
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KSE-100 Index Hits New All-Time High, Closes Near 89,000 Points
Karachi, October 24, 2024 – The Pakistan Stock Exchange (PSX) witnessed a historic milestone on Thursday as the KSE-100 index surged to an unprecedented high, closing just shy of the 89,000 mark.
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