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Tag: red

Pakistan stocks
Business
  • Web Desk
  • Mar 24, 2025
PSX tumbles by 2000 points

On Friday, the PSX crossed 119,000 points, but turned negative before closing. That volatility seems to have seeped into this week as well.

In a rather head-scratching moment, a United States (US) Congressman, Earl L “Buddy” Carter from the US state of Georgia, thought it really wise to introduce a bill that not only proposes acquiring Greenland from Denmark, but astutely rename it to the “Red, White and Blueland”. Sharp!
World
  • Web Desk
  • Feb 13, 2025
From Greenland to “Red, White and Blueland”: US Congressman’s bill

Christening Greenland “Red, White and Blueland” gives it a nationalistic tone and lends it a sense of legitimacy, as the three colours embody US flag.

PSX
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.

PSX
Business
  • Web Desk
  • Dec 24, 2024
PSX jumps then slumps; early Tuesday trading sees volatility

The volatility seen today is expected after the bullish rally seen on Monday. Overall the PSX is going through a correction phase.

PSX
Business
  • Web Desk
  • Dec 17, 2024
PSX plunges 1,200 points but makes a quick recovery

Despite the correction seen early on Tuesday, the PSX is expected to soon stabilise and continue the positive growth.

PSX
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.

PSX
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.

Pakistan Stock Exchange closes in red
Business
  • Web Desk
  • Oct 18, 2024
PSX ends green streak, closes with 620 points loss

The benchmark KSE-100 index touched the highest of the day at 86,520.29 points, then stooped to the lowest at 85,539.19 points.

Pakistan Stock Exchange closes in red
Business
  • Web Desk
  • Oct 15, 2024
Political uncertainty, foreign outflows cause PSX to open week in red

Energy and financial sectors collectively caused 500 points loss, partially offset by the gains in the fertiliser and refinery sectors.

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.

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