KARACHI – The Pakistan Stock Exchange (PSX) staged a strong recovery on Wednesday, reversing losses from the first two sessions of the current business week. During intraday trading, the benchmark KSE-100 index rose 1,208.42 points, or 0.66 percent, closing at 183,316.97 points, after falling 186.83 points in the previous session to 182,153.55 points. Read More: […]
KSE-100
KSE-100 slides over 2,000 points amid KE CEO resignation
KARACHI: Pakistan’s benchmark KSE-100 index dropped sharply on Friday morning, losing more than 2,000 points by 10:55am as investor sentiment turned cautious following corporate and market developments. The index fell 1.1 percent from Wednesday’s close of 187,832 points to 185,765.07 points during early intraday trading. Market activity was marked by both heavy volumes and significant […]
Pakistan stock exchange plummets over 1,100 points amid heavy selling pressure
The Pakistan Stock Exchange witnessed a sharp reversal on Monday, as early optimism quickly faded and heavy selling pressure pushed the market deep into negative territory. The KSE-100 Index initially gained 615 points, reaching 184,789, but failed to sustain momentum amid growing investor caution. However, as trading progressed, brokers reported rising concerns that triggered profit-taking […]
KSE-100 dips 334 points in early trading amid market volatility
KARACHI: Pakistan’s benchmark KSE-100 index fell 334.45 points during early intraday trading on Monday, dropping 0.18 per cent from its previous close of 184,174.48 points to 183,840.03 points by 11:20am. Read More: KSE-100 rebounds nearly 1% after Thursday’s sharp losses The decline follows a turbulent week for the equities market, during which the index lost over […]
KSE-100 rebounds nearly 1% after Thursday’s sharp losses
KARACHI: Pakistan’s benchmark index, the KSE-100, bounced back on Friday morning, gaining 1,746.78 points after a steep decline of 6,131.53 points on Thursday. At 11:10 am, the index reached 184,084.90 points, marking a 0.96 per cent rise from Thursday’s close of 182,338.12 points. Read More: Bloodbath at PSX as index sheds 6,042 points over US-Iran […]
KSE-100 dips to 188,001 amid policy rate surprise
Pakistan’s benchmark stock index, the KSE-100, faced pressure during intraday trading on Tuesday, closing at 188,001.04 points at 12:00pm PKT, down 586.62 points or 0.31 percent from Monday’s close of 188,587.66 points. Read More: Stocks fall 580 points ahead of SBP policy decision The index reached an intraday high of 189,521.32 points in early trading […]
Stocks fall 580 points ahead of SBP policy decision
KARACHI: Pakistan’s stock market retreated on Monday after a volatile session, with investors opting to book profits ahead of the State Bank of Pakistan (SBP) monetary policy decision following a strong rally last week. Read More: SBP holds key rate at 10.5%, defying market expectations The benchmark KSE-100 index opened on a positive note and […]
Historic surge: PSX crosses 191,000 points milestone
The Pakistan Stock Exchange (PSX) surged to a historic 191,000 points on Monday, driven by hopes of a policy rate cut. The KSE-100 index jumped over 1,800 points, hitting an all-time high of 191,032 points. Investors reacted positively as optimism grew ahead of the State Bank of Pakistan’s monetary policy announcement. The rally continued a […]
PSX crosses 190,000 amid SBP rate-cut expectations
KARACHI: The Pakistan Stock Exchange (PSX) surged past the 190,000 mark for the first time on Monday, driven by expectations of a 50-basis-point cut by the State Bank of Pakistan (SBP) and easing geopolitical tensions between the US and Iran. Read More: PSX rebounds, gains 655 points to close at 187,688 The benchmark KSE-100 Index touched […]
Russia, Ukraine meet in UAE as Donbas dispute dominates talks
KYIV/ABU DHABI: Ukrainian and Russian negotiators met in Abu Dhabi on Friday for two days of talks aimed at resolving key territorial disputes, with no immediate sign of compromise over the four-year war sparked by Russia’s full-scale invasion of Ukraine in February 2022. Read More: UAE sends 30 tonnes of aid for war-hit Ukraine The territorial status […]