Stocks make slight gain amid rupee devaluation
Pakistan’s stock market witnessed a marginal gain on Thursday, navigating challenges posed by the depreciation of the Pakistani Rupee against the US dollar.
Pakistan’s stock market witnessed a marginal gain on Thursday, navigating challenges posed by the depreciation of the Pakistani Rupee against the US dollar.
KARACHI: Pakistan stocks plunged 641 points on Wednesday owing to political and fiscal uncertainty. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 42,863 points from previous day’s closing of 43,504 points, showing a decline of 641 points. READ MORE: Pakistan stocks gain 111 points in range bound trading Analysts at Arif Habib […]
KARACHI: Pakistan stocks gained 111 points on Tuesday in range bound trading activities during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 43,504 points from previous day’s closing of 43,393 points, showing a gain of 111 points. READ MORE: Pakistan stocks plunge 1,448 points amid panic selling Analysts at Arif Habib […]
KARACHI: Pakistan stocks plunged 1,448 points on Monday amid panic selling by investors due to weak exchange rate and unstable position of debt repayment. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 43,393 points from last closing of 44,841 points on May 06, 2022. READ MORE: Stocks plunge 409 points on interest […]
KARACHI: Pakistan Stock Exchange (PSX) has demanded the government to reduce capital gain tax (CGT) rates on disposal of shares in the forthcoming budget 2022/2023 to attract local as well foreign investors. The PSX in its budget proposals submitted to the Federal Board of Revenue (FBR) suggested that CGT rates on listed securities should be […]
KARACHI: Pakistan stocks plunged by 409 points on Friday on rumors of interest rate increase in the upcoming policy statement. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 44,840 points from previous closing of 45,249 points, showing a decline of 409 points. READ MORE: Weekly Review: Eid holidays to allow one day […]
KARACHI: Pakistan stocks will witness only one day trading during next week due to four-day holidays announced by the government for Eid ul Fitr. Analysts at Arif Habib Limited said that next week trading will only be witnessed on one day given Eid holidays. Once the market resumes, we believe stocks will take account of […]
KARACHI: Pakistan stocks witnessed a decline of 284 points on Thursday owing to sharp yields of treasury bills. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 45,249 points from previous day’s closing of 45,533 points, showing a decline of 284 points. READ MORE: Pakistan stocks fall 284 points in volatile trading Analysts at […]
KARACHI: Pakistan stocks fell by 284 points on Wednesday in volatile trading because expectations of rate hike in upcoming policy announcement. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 45,533 points as compared with previous day’s closing of 45,817 points showing a decline of 284 points. READ MORE: Pakistan stocks decline 255 points […]
KARACHI: Pakistan Stocks have recorded a decline of 255 points on Tuesday in volatile trading session. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 45,818 points from previous day’s closing of 46,073 points, showing a decrease of 255 points. READ MORE: Pakistan stocks gain 520 points on IMF talks resumption Analysts at […]