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Business

Web Desk
Dec 26, 2024

PSX loses nearly 2,000 points as year-end profit-taking kicks in

Analysts said that the index was taken over by the bears due to the selling pressures by the investors looking for year-end gains.

Business

Web Desk
Dec 18, 2024

PSX tumbles; down by nearly 4,000 points

Wednesday brought recovery trend for the benchmark KSE-100 index, which jumped over 500 points almost instantly after opening.

Business

Web Desk
Nov 21, 2024

Upheaval in political corners weighs down on PSX

Key sectors continued with a robust performance, showing that the market may sustain growth despite the increased security risks.

Business

Web Desk
Nov 20, 2024

PSX jumps, then falters as profit-taking kicks in

Wednesday saw increased political heat owing to the upcoming protest by the opposition party that also translated into profit-taking.

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.

World

Web Desk
Jul 04, 2024

Global oil prices dip from multi-month highs amid profit-taking

Global oil prices declined on Thursday as traders took profits following recent gains, while caution over demand persisted despite last week’s significant drop in US inventories.

Business

Web Desk
May 06, 2024

PSX poised to cross 72,000 points mark once again after turbulent week

Slowdown in Consumer Price Index (CPI)-based inflation, stability in foreign currency reserves and the potential investment from Saudi Arabia are likely to extend support to the investor sentiment in the current week as well.

Business

Web Desk
May 03, 2024

Stock market opens on a cautious approach after three consecutive losses

Industry experts are of the opinion that after the last week registering positive trend, profit-taking has caused the index to lose some of its gains this week.

Business

Web Desk
May 02, 2024

PSX rebounds at opening then falters by close, again!

Most of the notable scrips of today’s trading closed in red, including K-electric (KEL), Worldcall Telecom Limited (WTL), The Bank of Punjab (BOP) and Pakistan International Airlines Corp (PIAA).