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ISLAMABAD – The Pakistan Stock Exchange (PSX) witnessed a dramatic fall on Wednesday as rising geopolitical tensions between India and Pakistan sent shockwaves across financial markets. A late-night warning from the federal government about a possible Indian military strike within 24 to 36 hours triggered panic-led selling. KSE-100 Index Plunges Over 3,500 Points The benchmark …
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The Pakistan Stock Exchange (PSX) witnessed a steep fall on Thursday as rising tensions with India sparked panic selling across the capital market. Investors dumped shares amid fears of further escalation, erasing much of the week’s earlier gains. The benchmark KSE-100 Index plunged to an intraday low of 114,661.20, down 2,564.94 points or 2.19% from …
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KARACHI: The Pakistan Stock Exchange (PSX) soared to a new all-time high on Thursday. Investors reacted positively to reports of the International Monetary Fund’s (IMF) readiness to approve the government’s circular debt management plan. The bullish momentum gained strength as discussions on privatizing state-owned enterprises (SOEs) continued. Hopes of a cut in industrial power tariffs …
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The Pakistan Stock Exchange (PSX) started the week on a strong note. Investor confidence soared due to progress in negotiations between Pakistan and the International Monetary Fund (IMF). Optimism over the resolution of circular debt in the energy sector also fueled market gains. The KSE-100 Index climbed 663.43 points, or 0.57%, closing at 116,199.59. This …
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The Pakistan Stock Exchange (PSX) has officially delisted Engro Corporation Limited (ENGRO). The delisting took effect on Tuesday, January 14, 2025. The PSX announced the delisting in a formal notification. The decision follows the implementation of a Scheme of Arrangement. This scheme involved the merger of Engro Corporation Limited (ENGRO) with Engro Holdings Limited (ENGROH). …
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The capital market started Wednesday’s session on a positive note, making a strong recovery after two days of consecutive losses. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index rose by 1,697.54 points, or 1.46%, reaching an intraday high of 117,750.22 points. This upward correction follows a sharp drop of 2,500 points the day before, providing …
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KARACHI: The Pakistan Stock Exchange (PSX) started the new year with a record-breaking rally. The KSE-100 Index closed above the 117,000 mark after gaining nearly 1,900-point surge on Wednesday. The KSE-100 Index gained 1,881.18 points, closing at 117,008.08, marking a 1.63% increase. The index hit an intra-day high of 117,341.03, supported by strong local buying …
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The Pakistan Stock Exchange (PSX) experienced a historic downturn on Wednesday. Intense selling pressure led to a sharp drop in the KSE-100 Index. During the trading session, the index plunged by 3,964 points. By the end of the day, the market lost three psychological levels, closing at 111,070 points. Market Capitalization Shrinks by Rs. 437 …
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The Pakistan Stock Exchange (PSX) saw a strong start to the week, with the 100-index reaching a historic high of 116,169 points on Monday. The day marked a significant achievement, reflecting the continued investor confidence in the market. Steady Growth on Tuesday On Tuesday, the positive trend persisted. The market opened with a 766-point increase, …
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The Pakistan Stock Exchange (PSX) achieved a historic milestone on Monday. The benchmark KSE-100 Index surged past the 116,000 mark for the first time, gaining nearly 1,900 points in a single session. The KSE-100 Index rose by 1,867.61 points or 1.63%, settling at 116,169.41 by market close. During the session, the index hit an intra-day …
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The Pakistan Stock Exchange (PSX) experienced a significant increase in initial public offerings (IPOs) in 2024. The bourse saw seven IPOs this year, including two on the GEM Board. This marked a sharp rise from just one IPO in the previous year. The total amount raised from investors through the seven offerings in 2024 was …
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Karachi: The Pakistan Stock Exchange (PSX) hosted a Gong Ceremony to welcome delegates of the 2nd International Islamic Capital Market Conference & Expo 2024. The event, themed “From Tech Transformation to Realizing Sustainability,” is set to take place in Karachi on December 12, 2024. The ceremony featured prominent global figures in Islamic finance, including Dr. Sami …
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The Pakistan Stock Exchange (PSX) achieved a major milestone on Monday as the KSE-100 index crossed the 111,00 points for the first time in history. Investors celebrated the record-breaking rally, which reflected growing confidence in Pakistan’s financial markets. Opening Rally Boosts Market The market began the day with a strong rally. The KSE-100 index surged …
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The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index crossed the 110,000-point mark during trading on Monday. The index surged by an impressive 1,211 points in intraday trading, reflecting strong investor confidence and a robust market trend. Investors Celebrate Market Momentum The record-breaking performance has boosted investor sentiment. Analysts attribute the …
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Islamabad: The Ministry of Energy has successfully renegotiated a power purchase agreement with Safe Power Company, sources confirmed. The company’s board approved changes to the agreement, introducing a revised tariff structure aligned with the Task Force’s proposed rates. Safe Power Company will now follow the “Take and Pay” tariff, ensuring more reliable payment terms. The …
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The Pakistan Stock Exchange (PSX) continued its strong upward momentum on Thursday. The 100-Index recorded a significant increase, highlighting growing investor confidence in the market. The trading session opened at 105,104 points. By the end of the day, the 100-Index surged to 108,238 points, gaining a massive 3,134 points. During the day, the index achieved …
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KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) continued its upward momentum, closing above the 103,000 mark on Monday. The index gained 1,917.63 points, a 1.89% increase, to settle at 103,274.95 points. This marked a significant rise from the previous close of 101,357.32 points. The PSX witnessed record participation with a trading volume …
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Karachi: Shares at the Pakistan Stock Exchange (PSX) surged over 900 points on Thursday, pushing the KSE-100 Index past the 100,000-point milestone for the first time in history. The index jumped by 947.32 points, or 0.95%, to reach 100,216.57 points at 9:35 AM, up from the previous close of 99,269.25 points. Unprecedented Growth Amid Recovery …
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The Pakistan Stock Exchange (PSX) experienced a significant rise in investors registrations in October 2024. According to data from the National Clearing Company of Pakistan Limited (NCCPL), 10,001 new accounts were registered during the month. This marked a 17% month-on-month increase. Active Accounts Reach 345,290 The surge in registrations has pushed the total number of …
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Investor sentiment at the Pakistan Stock Exchange (PSX) remained positive on Friday, as the benchmark KSE-100 Index gained over 750 points in the first half of the trading session. This surge came after concerns over a potential mini-budget eased, contributing to growing optimism among investors. By 12pm on Friday, the KSE-100 Index was hovering at …
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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 …
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Karachi: The Pakistan Stock Exchange (PSX) continued its bullish run on Monday, with the benchmark KSE-100 index crossing the 94,000 level during intra-day trading. This milestone reflects sustained investor confidence and positive market momentum. The KSE-100 index closed at 93,648.32, marking a gain of 356.64 points, or 0.38%, from the previous close of 93,291.68. During …
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KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Thursday as the KSE-100 index jumped by nearly 500 points, reaching a new all-time high. This rally was fueled by expectations of a credit ratings upgrade, upcoming Saudi investments, and increased foreign interest through MSCI index inclusions. The market saw a positive …
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