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Tag: Benchmark KSE-100 index

Pakistan Stock Exchange
Business
  • Web Desk
  • Sep 26, 2024
PSX turns positive after IMF greenlights loan

The KSE-100 index shot up by over 700 points, just hours before the International Monetary Fund’s (IMF) Executive Board meeting.

Pakistan Stock Exchange closes in red
Business
  • Web Desk
  • Sep 24, 2024
Stock market declines despite initial rally

Analysts predict a bullish trend for today, with indicators signalling strength over the past few trading sessions.

PSX new all time high level
Business
  • Web Desk
  • Sep 23, 2024
PSX jumps 300 points as stability returns

Continued decline in inflation, coupled with lower interest rates as announced by the central bank have improved investor confidence.

PSX comeback
Business
  • Web Desk
  • Sep 20, 2024
PSX pushes yesterday’s rally into today; up over 800 points

This positive development was reinforced by a notable rise in FDI, which climbed to $214 million in August, up from $136 million in July.

PSX new all time high level
Business
  • Web Desk
  • Sep 19, 2024
PSX climbs nearly 1,200 points in spectacular rally

Trading activity showed a total of 400,195,963 shares exchanged hands, a decrease from the 536,187,271 shares traded the day before.

PSX
Business
  • Web Desk
  • Sep 18, 2024
Stock market’s strong opening on Monday likely to continue

The index remained in the green throughout the session, reaching an intraday high of 79,993.17 points, and low at 79,368.18 points.

PSX closes in green
Business
  • Web Desk
  • Sep 16, 2024
PSX opens after rally, but political turmoil might trigger bearish run

Last week ended in rally over optimism on lower policy rate by SBP and expectation of approval by IMF for the $7 billion EFF program.

weekly roundup
Business
  • Web Desk
  • Sep 15, 2024
PSX weekly roundup: SBP’s rate cut, IMF’s optimism resulted in a bullish week

By Thursday, with the SBP’s decision becoming clearer, and the Finance Minister Muhammad Aurangzeb announcement, the market rose up.

PSX comeback
Business
  • Web Desk
  • Sep 13, 2024
Stock market jumps over 900 points, pierces through 80,000 points limit

Today, PSX opens with hopes of market stability after the FM’s statement that all matters pertaining to IMF loan have been resolved.

PSX
Business
  • Web Desk
  • Sep 12, 2024
PSX plunges 634 points amid economic, political uncertainty

Analysts said that political uncertainty and investor concerns surrounding the terms of a new IMF programme dampened market sentiment.

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