Benchmark KSE-100 index Archives

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Business

Web Desk
Jul 22, 2024

Stock market down by nearly 1,000 points

One of the primary factors fuelling Friday’s decline is political unrest and uncertainty regarding the continuity of harmony in parliament. This political instability also causes uncertainty about the economy.

Business

Web Desk
Jul 15, 2024

PSX jumps over 1,000 points in less than an hour into trading

Just on Friday, the trading range extended to 1,710.00 points, touching the day’s highest at 80,321.68 points, and the lowest at 78,611.68 points.

Business

Web Desk
Jul 12, 2024

PSX remains positive but cautious

While, stability in macroeconomic factors is lending strength to sectors like power generation and telecommunication, the hike in inflation is dampening sectors like banking and FMCGs.

Business

Web Desk
Jul 11, 2024

Stock market likely to recover yesterday’s losses in the morning

KSE-100 Index dropped by 830.51 points, or 1.03 per cent, closing at 79,841.55 points on Wednesday, marking the largest single-day drop since June 4.

Business

Web Desk
Jul 10, 2024

Stock market poised to increase gains today

PSX concluded Tuesday’s trading session at new record high of 80,672.06 points, marking an increase of 105.86 points. During the trading session, the index crossed the 81,000 points limit for the first time as well.

Business

Web Desk
Jul 09, 2024

PSX crosses 81,000 points mark

Despite the disruption in trading activity, the KSE-100 Index showed a significant range of movement, fluctuating by 545.39 points throughout the day.

Business

Web Desk
Jul 08, 2024

Stock market opens above 80,000 points amidst hopes of growth

Pakistan’s anticipated entry into a new three to four-year EFF programme with the IMF, estimated to be worth between $6 billion and $8 billion is a major impetus to this prediction of 100,000 points crossing.

Business

Web Desk
Jul 03, 2024

Stock market pushes for gains for third consecutive session

Today (Wednesday), the index opens at yesterday’s closing to push the growth trend in the third consecutive session. On Monday, the index grew by 379 points in the first trading session of the fiscal year 2024-25.

Business

Web Desk
Jul 02, 2024

Stock market poised to stay positive

Finance Minister Muhammad Aurangzeb, while speaking to media on Sunday, said that the country’s economy is moving towards stability and higher investment.

Business

Web Desk
Jun 20, 2024

Stock market jumps over 600 points after last week’s historic high

Major growth came in the benchmark KSE-100 index on Thursday, when the market grew by 3,411 points, marking the largest increase since the International Monetary Fund’s (IMF) bailout package last year.