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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KSE-100 Index Shatters Records, Hits 82,074 Points Peak
Karachi, September 20, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) continued its bullish momentum and soared to a record high of 82,074 points, marking a significant milestone for Pakistan’s equity market.
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TRG Pakistan Announces Major Restructuring of Afiniti Limited
Karachi, September 20, 2024 — TRG Pakistan Limited announced a significant restructuring of Afiniti Limited, a portfolio company of The Resource Group International Limited (TRGI), on Friday.
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Bulls Retreat After Reaching 82K-Level at PSX
Karachi, September 19, 2024 – The Pakistan Stock Exchange (PSX) witnessed a strong rally on Thursday as the benchmark KSE-100 index surged past the psychological barrier of 82,000 points for the first time in history. However, the bullish momentum slowed toward the end of the session, with investors opting to lock in profits.
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