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KARACHI: Bulls dominated the Pakistan Stock Exchange (PSX) on Thursday. Investor sentiment rebounded strongly after a slight dip in the previous session. The benchmark KSE-100 Index surged by 1,112.68 points. It closed at 119,649.20, marking a solid gain of 0.94% from Wednesday’s close of 118,536.52. The index touched an intraday low of 118,871.13 before rallying. …
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Gold prices have maintained a bullish trajectory, benefiting from the Federal Reserve’s recent dovish stance. After hitting a five-week high earlier this week, the yellow metal eased slightly on Friday due to profit-taking. Despite this dip, gold remains well-positioned for gains, supported by expectations of further policy easing and weak U.S. economic data. Fed Rate …
Continue reading “Gold Outlook: Bullish Momentum Fueled by Fed’s Dovish Shift”
The Pakistan Stock Exchange (PSX) saw a strong recovery on Thursday, with shares climbing more than 800 points during intraday trade. Analysts attributed the rally to improving macroeconomic stability, which encouraged investor confidence. After a slight dip on Tuesday, when the market snapped its record-breaking streak, the PSX bounced back on Wednesday with a modest …
Continue reading “Pakistan Stock Exchange Sees Strong Recovery on Thursday”
