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The Pakistan Stock Exchange (PSX) witnessed a sharp plunge on Friday as regional instability escalated following confirmed Israeli strikes on Iranian nuclear and military sites. The benchmark KSE-100 Index, which had shown strong momentum in recent sessions, dropped drastically amid panic-selling and investor anxiety. The index opened at a high of 123,058.06, but quickly reversed …
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The Pakistan Stock Exchange (PSX) witnessed a strong rally on Wednesday as investor sentiment turned bullish after the federal government unveiled its FY2025–26 budget. The benchmark KSE-100 Index surged by 2,111.52 points, or 1.73%, to hit an intraday high of 124,135.96. The index also recorded a session low of 123,237.99, still reflecting a significant rise …
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The Pakistan Stock Exchange (PSX) extended its bullish run on Wednesday, with the KSE-100 Index climbing 1,347.99 points, or 1.12%, to close at a new all-time high of 121,798.86. This followed Tuesday’s impressive surge of over 1,500 points. During the session, the index touched an intraday high of 121,882.47, reflecting a gain of 1.19%. Even …
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Karachi: Pakistan’s stock market continued its strong upward streak on Thursday. The KSE-100 Index surged to a new all-time high in early trade, reflecting strong investor confidence across key sectors. The Pakistan Stock Exchange’s (PSX) benchmark index climbed to 120,699.17 points. That marked a gain of 767.72 points, or 0.64%, from the previous close of …
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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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The Pakistan Stock Exchange (PSX) witnessed a record-breaking rally on Monday. The KSE-100 Index surged by 9,926 points in a single session. With this sharp rise, the index soared to an all-time high of 117,104 points. This marks one of the largest single-day gains in the history of Pakistan’s financial markets. Trading Temporarily Halted Due …
Continue reading “PSX Soars to Record High Amid Ceasefire and IMF Boost”
The Pakistan Stock Exchange (PSX) opened on a positive note Friday, bouncing back from Thursday’s historic crash. Early trading showed signs of calm, helping investors regain some confidence. The benchmark KSE-100 Index surged to an intraday high of 105,946.01 points, rising by 2,419.2 points or 2.33% from the previous close of 103,526.81. However, the market …
Continue reading “PSX Rebounds Strongly After Record Crash, Gains Over 2,400 Points”
The Pakistan Stock Exchange (PSX) opened on a strong note Tuesday. The benchmark KSE-100 Index surged after the State Bank of Pakistan (SBP) delivered an unexpected interest rate cut. The central bank reduced the policy rate by 100 basis points to 11%. This is the largest cut since June 2024. The move signals easing inflation …
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KARACHI: The Pakistan Stock Exchange (PSX) witnessed a remarkable rebound on Friday, with the benchmark KSE-100 Index surging by 2.62% amid renewed investor optimism. The sharp rally was driven by hopes of de-escalating tensions between Pakistan and India, expectations of a monetary policy rate cut, and the upcoming International Monetary Fund (IMF) board review. Market …
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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 …
Continue reading “PSX Suffers Sharp Crash as India-Pakistan Tensions Rattle Investor Confidence”
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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