Tag: PSX

Lack of positive developments and institutional selling dampen investor confidence

Karachi, June 21, 2023 – Pakistan equities experienced a bearish trend on Wednesday, resulting in a loss of 432 points by the end of the trading day.

Karachi, June 20, 2023: Pakistan stocks ended the trading session on Tuesday with a slight increase, despite prevailing uncertainty surrounding the loan program of the International Monetary Fund (IMF).

Karachi, June 19, 2023: The Pakistan stock market experienced a sharp decline on Monday, with stocks plummeting by 680 points amid rumors of a stalled loan program with the International Monetary Fund (IMF).

Karachi, June 17, 2023: Investors in Pakistan’s stock market are closely monitoring the ninth review of the International Monetary Fund (IMF) program as it holds significant importance in managing external crises.

Karachi, June 16, 2023 – The Pakistan stock market witnessed a decline of 68 points on Friday, driven by cautious investor sentiments.

Karachi, June 15, 2023: The Pakistan stock market experienced a lackluster trading session on Thursday, resulting in a decline of 145 points.

Karachi, June 14, 2023: Pakistan’s stock market experienced a modest decline of 24 points on Wednesday in a range-bound trading session.

In the aftermath of the federal budget announcement for the fiscal year 2023-24, Pakistan’s stock market is poised for a potential reaction to the government’s budgetary measures.

Karachi, June 9, 2023: The Pakistan Stock Exchange (PSX) concluded the week on a positive and optimistic note, with a notable gain of 217.74 points. Investors eagerly anticipated positive outcomes from the upcoming budget, leading to a strong and promising session.