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Tag: Benchmark KSE-100 index

Pakistan Stock Exchange
Business
  • Web Desk
  • Oct 05, 2024
PSX weekly roundup: stock market surges as inflation goes down

Despite the positive developments, foreign investors continued their selling spree, offloading $26.1 million during the week.

Pakistan Stock Market closes in green
Business
  • Web Desk
  • Oct 04, 2024
Stock market closes above 83,000 mark with 810 points hike

The benchmark KSE-100 index pierced through 83,000 points during first half of the day and kept the momentum to close at 83,531.95 points.

PSX rally
Business
  • Web Desk
  • Oct 04, 2024
Stock market stable despite political instability; pierces through 83,000 points

Market analysts are attributing the hike to declining inflation, stable Pakistani Rupee as well as overall improving economic indicators.

Pakistan Stock Exchange
Business
  • Web Desk
  • Oct 03, 2024
PSX briefly hits record high, closes with 700 points gain

A stable rupee, declining inflation, and growth in the agricultural sector have also bolstered market sentiment.

Pakistan Stock Exchange
Business
  • Web Desk
  • Oct 03, 2024
Declining inflation, rupee stability offer strength to stock market

The positive trend continued into Thursday morning, with the index hovering around 82,133.28 points at 10 AM, showing 166.28 points gains.

PSX comeback
Business
  • Web Desk
  • Oct 02, 2024
Stock market pushes upwards despite selling, foreign outflow pressures

On Wednesday (today), the index continued with the positive sentiment, although the rate of growth significantly slowed down.

Pakistan Stock Exchange closes in red
Business
  • Web Desk
  • Oct 01, 2024
Political uncertainty drags PSX down by nearly 200 points

Market analysts attributed the decline to government policies for IPPs, as well as concerns over a potential tax shortfall.

Stock market update
Business
  • Web Desk
  • Sep 30, 2024
Intraday update: PSX down by over 400 points

This comes after the benchmark KSE-100 index posted an overall decline of 782 points through the outgoing week.

PSX weekly roundup
Business
  • Web Desk
  • Sep 29, 2024
PSX weekly roundup: record-breaking rally ends after IMF loan approval

Analysts attribute the ongoing sell-off by foreign investors to FTSE downgrading Pakistan from Secondary Emerging to Frontier Market.

Stock market update
Business
  • Web Desk
  • Sep 27, 2024
PSX declines amid market volatility despite early gains

Later in the day, selling pressure emerged, causing the KSE-100 index to close at 81,657.96 points, marking a decline of 589.95 points.

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