Tag: PSX

On Wednesday, Pakistan’s stock market saw a positive session with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) gaining 160 points to close at 42,088 points.

KARACHI: Pakistan stocks on Tuesday gained 347 points amid buyback of shares giving boost to investors’ confidence.

The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) posted 12.7 percent growth in profitability during third quarter despite economic headwinds, pressure on external account, historic high inflation, and demand erosion across major sectors.

KARACHI: Analysts at Arif Habib Limited anticipate a positive turn for Pakistan’s stock market in the upcoming week, fueled by the government’s successful fulfillment of prerequisites for the resumption of the International Monetary Fund (IMF) program.

On Friday, the Pakistan stock market witnessed a rise of 117 points as politicians came together to resolve election issues.

Pakistan stocks experienced a bullish trend on Thursday, gaining 364 points despite ongoing political tension related to a court case on provincial election.

Pakistan’s stock market resumed trading on April 26, 2023, after being closed for five days due to the Eid holidays.

Pakistan’s stock market sentiments are expected to be linked with the materialization of the International Monetary Fund (IMF) program when the market reopens after the Eid holidays. The market remains closed until April 25, 2023, for Eid-ul-Fitr celebrations.

KARACHI: Pakistan stocks gained 508 points on Thursday, contributing to an impressive bull run in the Pakistan Stock Exchange (PSX).