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Tag: Benchmark KSE-100 index

Pakistan Stock Exchange decline
Business
  • Web Desk
  • Apr 29, 2024
PSX closes with over 1,000 points loss

Despite the steep decline, the energy and telecom sectors managed to close in green for the most part, while the cement and transportation sectors clocked in the steepest losses.

Monetary policy
Business
  • Web Desk
  • Apr 29, 2024
PSX crosses 73,000 as the week opens on monetary policy expectations

The benchmark KSE-100 index witnessed significant increase of 771 points on the final day of the previous week, culminating at 72,742.74 points.

Stock market crosses 72,000 points
Business
  • Web Desk
  • Apr 24, 2024
PSX loses super-gains but manages to close above 72,000 points

On Monday, the index had crossed the psychological mark of 71,000 points and gained 523.56 points. On Tuesday, the market showed some fluctuations to adjust the market to local and international trading climate. Today, once again, the market continued its fluctuations with positive closure to the day.

PSX closes in green
Business
  • Web Desk
  • Apr 24, 2024
Stock market breaches 72,000 psychological mark

The factors that can be attributed for the climb in the market include the finance minister’s recent visit to the US to secure another IMF program, recovering export sector, and the prospect of Saudi Arabia’s investment.

Pakistan Stock Exchange
Business
  • Web Desk
  • Apr 23, 2024
Stock market slips 74 points after minor fluctuations through the day

Today, the benchmark KSE-100 index opened on a positive note, climbing nearly 250 points within an hour of trading. However, towards the closing of the trading period, the index has shifted into market correction mode.

PSX closes in green
Business
  • Web Desk
  • Apr 23, 2024
PSX opens with market adjustment expectations after yesterday’s rally

After touching the highest of 71,861.18 points yesterday afternoon, the index slowed down towards the end of the day, still managing to close well above 71,000 points.

PSX rally
Business
  • Web Desk
  • Apr 22, 2024
PSX gains over 500 points, closes after impressive rally

On the flipside, the eroding situation in the Middle East and the corresponding cautious approach of the international investors is creating negative pressures on PSX as well.

PSX closes in green
Business
  • Web Desk
  • Apr 22, 2024
PSX jumps over 400 points, crosses 71,000 mark again

While the finance minister’s visit to the US to secure another IMF program, and recovering rupee and export sector is lending strength to the market, the eroding situation in the Middle East and the corresponding cautious approach of the international investors is creating negative pressures on PSX.

pakistan stock exchange
Business
  • Web Desk
  • Apr 19, 2024
Slow but steady: Stock market opens with minor fluctuations

Today, the market opened on a cautious note, and soon began to move lower than the opening level. While this comes as a contrast to the past several trading sessions, the negative moment indicating market correction is not unexpected.

Pakistan Stock Exchange
Latest
  • Web Desk
  • Apr 17, 2024
Stock market closes with minor losses after impressive rally

The uptick in the stock market observed over the past few trading sessions can be attributed to factors like Finance Minister’s visit to the US for another International Monetary Fund (IMF) program, Prime Minister’s meetings with Saudi Arabian delegates hinting at FDI inflows, as well as strengthening Rupee against the US Dollar.

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