Pakistan’s benchmark KSE-100 Index recorded a strong recovery on Thursday morning, gaining more than 2,000 points by 10:30am as investors returned to the market following losses in the previous session. Read More: KSE-100 closes lower amid volatility and security concerns The index rose 1.3 per cent from its last closing level of 155,777.21 points, climbing to […]
market update
Pakistan Stock Exchange’s KSE-100 opens lower as market reacts to weak corporate earnings
KARACHI: Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index opened in the red on Friday, shedding 1,716.51 points, or 0.95 percent, during early intraday trading to stand below Thursday’s close of 180,512.64 points. Read More: PSX sheds 2,537 points to close at 180,512 Market activity was led by K-Electric Limited, which rose 2.19 percent to Rs8.40 on […]
PSX drops 1,113 points on geopolitical tensions
KARACHI: Rising geopolitical tensions rattled the Pakistan Stock Exchange (PSX) on Thursday, pushing the benchmark KSE-100 index below the 181,000-point mark for the second consecutive session. Investors offloaded positions amid heightened uncertainty in the Middle East, with risk appetite remaining muted despite underlying market resilience. Read More: PSX equities slide 2,025 points amid profit-taking The KSE-100 […]
PSX edges closer to 164,000 as bulls defend gains
KARACHI: The Pakistan Stock Exchange (PSX) continued its bullish run on Thursday, with investors buying at attractive levels, pushing the benchmark index close to the 164,000-point mark intraday. The PSX opened strongly, extending overnight gains and reaching an intraday high of 1,591 points. Mid-session volatility trimmed early gains to an intraday low of 420 points, […]
Gold prices rise sharply as PSX opens higher
KARACHI – Gold prices witnessed a significant increase on Monday in both domestic and international markets. According to the All Pakistan Sarafa Association, the price of gold in the local market rose by Rs1,300 per tola, reaching Rs423,862. Similarly, 10 grams of gold gained Rs1,115, settling at Rs363,393. In the international market, gold recorded a […]