Pakistan has been reclassified to a frontier market by index provider MSCI Inc., four years after it was upgraded to an emerging market. According to a statement from MSCI, “Although the Pakistani equity market meets the requirements for Market Accessibility under the classification framework for Emerging Markets, it no longer meets the standards for Size […]
KSE100
The KSE-100 ends below 47,000 points yet again
The benchmark KSE-100 Index closed flat on Friday, failing to maintain early-morning advances, as volumes dropped significantly in another tumultuous day at the Pakistan Stock Exchange (PSX). The KSE-100 closed the day with a small gain of 54.41 points, or 0.12 percent, to settle at 46,957.47. Investors stayed away due to geopolitical uncertainty, a […]
PSX Index closes flat after lackluster week of trading
Pakistan equities closed its week Friday on a flat note at 37,522 levels with benchmark KSE100 Index gaining just 6 points. Danish Ladhani, an equity analyst said the local bourse made a high and a low of +76 and -209 points, respectively. Market remained dull and lackluster on the back of economic uncertainty. Moreover, as […]