Karachi, October 1, 2024 – Bulls firmly gripped the Pakistan Stock Exchange (PSX) on Tuesday, propelling the benchmark KSE-100 index to a substantial gain of 690 points. The KSE-100 index closed at 81,804 points, a marked rise from the previous day’s close of 81,114 points, showcasing a robust performance by the local equity market.
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KSE-100 Index Falls 178 Points Amid Decline in Energy Stocks
Karachi, September 30, 2024 – The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index experienced a decline on Monday, shedding 178 points as energy-related stocks led the market lower. The index closed at 81,114 points, down from Friday’s closing of 81,292 points, reflecting a 0.22% decrease.
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IMF Tranche Likely to Push Upward Pakistan Stocks Next Week
Karachi, September 28, 2024 – Pakistan stocks is expected to maintain its positive trajectory next week, buoyed by the receipt of the first tranche under the $7 billion loan program from the International Monetary Fund (IMF).
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KSE-100 Index Drops 366 Points Amid Market Pressure
Karachi, September 27, 2024 – The Pakistan Stock Exchange (PSX) faced another challenging day on Friday, as the benchmark KSE-100 index dropped by 366 points, continuing its downward trend.
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KSE-100 Index Drops 590 Points Despite IMF Loan Approval
Karachi, September 26, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) experienced a significant drop of 590 points on Thursday, closing at 81,658 points, despite the positive news of the International Monetary Fund (IMF) approving a $7 billion Extended Fund Facility (EFF) for Pakistan. The index, which had closed at a record high of 82,248 points the previous day, reflected a 0.72% decline by the end of the session.
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KSE-100 Index Hits Record High at 82,248 Points
Karachi, September 25, 2024 – The KSE-100 Index of the Pakistan Stock Exchange (PSX) soared to an all-time high of 82,248 points on Wednesday, buoyed by positive investor sentiment surrounding the anticipated approval of a loan package from the International Monetary Fund (IMF).
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Pakistan Stocks Succumb to Selling Pressure, Drop 367 Points
Karachi, September 24, 2024 – The Pakistan Stock Exchange (PSX) experienced a sharp decline on Tuesday, as the benchmark KSE-100 index fell by 367 points, ending the session at 81,484 points. This marked a significant downturn from the previous day’s closing of 81,851 points, highlighting the market’s susceptibility to selling pressure.
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TOMCL Secures $12 Million Frozen Beef Export Deal with China
Karachi, September 24, 2024 – The Organic Meat Company Limited (TOMCL) has announced a major breakthrough in its international operations, securing a significant contract worth $12 million to supply frozen cooked beef meat to China.
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KSE-100 Index Sheds 224 Points Amid Profit Taking
Karachi, September 23, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) faced a notable dip on Monday as investors opted for profit-taking, resulting in a decline of 224 points.
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Pakistan Stocks Likely to Maintain Upward Trajectory Next Week
Karachi, September 21, 2024 – Pakistan stocks projected to continue its upward momentum next week, beginning on September 23, 2024, driven by favorable economic developments and positive market sentiment.
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