The Pakistan Stock Exchange opened in positive territory on Wednesday as strong buying activity lifted investor confidence during early trading. Moreover, the benchmark index quickly regained the 168,000-point level after recent fluctuations. Consequently, market participants responded with renewed optimism at the start of the third trading day of the business week. During early trade, the […]
market recovery
PSX rebounds as KSE-100 gains 1,200 points
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: […]
Stocks stabilize as bitcoin and bonds regain footing
Global stocks made small gains on Tuesday, while government bonds and cryptocurrencies steadied after recent volatility. Wall Street and Asian markets recovered slightly following Monday’s sell-off caused by Japan’s looming interest rate hike. Bitcoin inched up after sharp losses, though it remains 30% below its October peak. The Japanese government bond market calmed after a […]
PSX Recovers Slightly After Major Sell-Off
KARACHI – The Pakistan Stock Exchange (PSX) showed signs of recovery on Friday after a massive bearish spell earlier in the week, during which the market shed more than 2,000 points amid a wave of profit-taking by investors. During intraday trading, the KSE-100 benchmark index fluctuated within a wide range — peaking at 164,698.77 and […]