The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Tuesday, gaining 1,278.16 more points, a positive change of 1.09 percent, closing at 118,575.89 points as compared to 117,297.73 points on the last trading day. A total of 684,294,646 shares were traded during the day as compared to 732,877,141 shares the […]
PSX
PSX witnesses bearish trend, losses 11.70 points
The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, shedding 11.70 points, a negative change of 0.01 percent, closing at 114,102.24 points as compared to 114,113.94 points on last trading day. A total of 399,538,878 shares were traded during the day as compared to 372,363,708 shares the previous trading day, whereas […]
Pakistan and Malaysia collaborate to boost islamic capital markets
A delegation of Malaysian Shariah scholars recently visited the Pakistan Stock Exchange (PSX). Their goal was to strengthen ties between Pakistan and Malaysia in Islamic finance. The visit included a gong ceremony to honor the delegation. This event marked the beginning of discussions on cooperation and growth in Shariah-compliant investments. PSX Chairperson Dr. Shamshad Akhtar […]
Chakwal spinning mills bets big on cloud with Rs1.6 billion investment
Chakwal Spinning Mills Limited is making a significant move by investing over Rs 1.6 billion in cloud technology. This information comes from a filing at the Pakistan Stock Exchange (PSX) on Wednesday. The company aims to diversify its focus beyond the textile sector with this investment. The board has approved a confirmed term sheet for […]
PSX surges 5.38% after Pakistan secures IMF lifeline
The Pakistan Stock Market (PSX) spiked over 2,000 points on Monday, as investors’ confidence is revived after the signing of a staff-level agreement between Pakistan and the International Monetary Fund (IMF) programme on Friday. The index opened in the green zone and remained positive throughout the session before the trading was halted for an hour […]
PSX loses 443 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Monday, losing 443.99 points, a negative change of 1.03 percent, closing at 42,826.66 points against 43,270.65 points on the last working day. A total of 194,667,559 shares were traded during the day compared to the trade of 306,208,580 shares the previous […]
Most Asian markets down as traders eye key Powell speech
Most Asian markets down as traders eye key Powell speech. Asian markets were broadly lower Monday as the rally from June’s lows runs out of steam owing to renewed concerns about Federal Reserve plans to ramp up interest rates to combat runaway inflation. All eyes are on a symposium in Jackson Hole, Wyoming where […]
KSE-100 index surpasses 41,000-mark
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) increased by about 900 points during Wednesday’s intraday trade as Islamabad completed the last pre-condition to resume the International Monetary Fund’s (IMF) loan programme. The benchmark KSE-100 index increased by 915.47 points or 2.28 percent to 41,107 points as of 1:59 p.m. from its opening […]
PSX gains 115 points to close at 40,191 points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 115.65 points, a positive change of 0.29 percent, closing at 40,191.61 points against 40,075.96 points on the last working day. A total of 217,504,902 shares were traded during the day compared to the trade of 110,422,594 shares the previous […]
PSX witnesses bearish trend, loses 660 points
The Karachi Stock Exchange 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 660.46 points, with a negative change of 1.53pc, closing at 42,440.25 points against 43,100.71 points on the last working day. A total of 118,986,341 shares were traded during the day compared to the trade of 189,926,559 shares […]