The Pakistan Stock Exchange (PSX) on Monday kicked off on a positive note, hitting the day’s high of +511 point on early excitement of Pakistan reaching a deal with the International Monetary Fund (IMF) on a 39-month Extended Fund Facility (EFF) programme of $6 billion. However this positivity couldn’t last long, as the market came […]
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Energy, financial scrips push PSX Index up
Pakistan equities closed Tuesday positive with benchmark KSE-100 Index gaining 208 points, closing at 37,130 levels, up 0.6 percent. The local bourse made a high and a low of +349 and -329 points, respectively. An equity analyst at IIS Securities said the positive sentiment was mainly driven by improved trade numbers for the month of […]
Bearish sentiment continues as PSX index sheds 599 points
Pakistan Stock Exchange (PSX) Index shed 600 points Monday to close at 36,922 levels, down 1.6 percent. Pressure was seen in the market over political noise as the Foreign Minister Shah Mahmood Qureshi stated about Delhi planning more military action against Pakistan in the third week of April. An equity analyst at IIS Securities said […]