Massive selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding 5,150 points or 2.87% during trading on Monday. With a negative change of 2.87 percent, the index closed at 174,453.94 points compared to 179,603.73 points on the previous trading day, according to PSX data. During the session, the […]
PSX
PSX sheds 2,537 points to close at 180,512
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Thursday witnessed a bearish trend, losing 2,537.16 points, a negative change of 1.39 percent, to close at 180,512.65 points compared to 183,049.81 points on the previous trading day, according to PSX data. During the session, the ready market recorded a trading volume of 873.996 […]
PSX suffers sharp losses as KSE-100 falls 1,488 points amid cautious trading
KARACHI: The Pakistan Stock Exchange (PSX) closed sharply lower on Thursday, as selling pressure and cautious investor sentiment dominated trading. The benchmark KSE-100 index dropped 1,488.48 points, or 0.81%, to settle at 181,561.32 points, following a positive session on Wednesday when it had gained 896.25 points to close at 183,049.80 points. Read More: PSX stays bullish, […]
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: […]
K-Electric CEO Moonis Alvi resigns after PSX disclosure
K-Electric (KE) Chief Executive Officer (CEO) Moonis Alvi has stepped down from his position, according to a disclosure submitted to the Pakistan Stock Exchange (PSX) on February 6. The development was formally communicated to the exchange in line with regulatory requirements under the Securities Act, 2015, and the PSX Rule Book. Read More: Green light […]
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 […]
PSX surges to new peak on rate-cut hopes
KARACHI: The Pakistan Stock Exchange (PSX) climbed to a fresh all-time closing high on Monday, as investors brushed aside signs of economic weakness and continued accumulating equities in anticipation of another policy rate cut later this month. Read More: PSX reverses loss to gain over 1,500 points The benchmark index rallied as much as 2,783 points […]
PSX slip as selling pressure returns
KARACHI: The Pakistan Stock Exchange (PSX) came under renewed selling pressure on Wednesday as investors opted to book profits after a brief overnight rebound, pushing the benchmark KSE-100 index back below the 183,000-point threshold. Market participants cited the absence of positive triggers and heightened regional tensions as key factors behind the pullback. Read More: PSX sheds 1,382 […]
PSX equities slide 2,025 points amid profit-taking
The Pakistan Stock Exchange (PSX) suffered losses for the third consecutive session on Monday, with the benchmark index dropping 2,025 points to settle at 182,384, following a record-setting five-day rally that had pushed it above 187,000 points. Read More: PSX sheds 2,025 points to close at 182,384 points Investors were observed offloading positions to lock in […]