Asian stock markets showed a positive trend at the start of the new trading week, while the Pakistan Stock Exchange (PSX) moved in the opposite direction, reflecting a bearish sentiment. Read More: PSX turns bearish, loses over 1,576 points In early trading, the benchmark KSE-100 index at the PSX declined by 0.7%, shedding around 1,199 points […]
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Bulls, Bubbles & Pakistan’s Stock Exchange Gamble
Investors love a simple label. When prices rip higher, it’s either a “supercycle” or a “bubble.” Pakistan’s stock market doesn’t fit neatly into either box. The PSX’s surge has been extraordinary-new all-time highs, strong winning streaks, and an index perched near unprecedented levels-but the underlying economics, earnings math, and valuations point to a rerating off […]
PSX gains 117 points to close at 43,100 points
The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Friday, gaining 117.26 points, with a positive change of 0.27 percent, closing at 43,100.71points against 42,983.45 points on the last working day. A total of 189,926,559 shares were traded during the day compared to the trade of 187,101,023 shares the previous day, […]
PSX sheds 777 points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Friday, losing 777.26 points, with a negative change of 1.77 percent, closing at 43,029.97 points against 43,807.23 points on the last working day. A total of 180,438,013 shares were traded during the day compared to the trade of 148,505,513 shares the […]
Tokyo shares flat in early trade
Tokyo: Tokyo’s benchmark Nikkei index was up slightly in early trade Friday as fears receded that Russia might default on its bonds. The Nikkei 225 index hovered in a narrow range and was up 0.01 percent or 2.63 points at 26,655.52 in early trade, while the broader Topix index added 0.31 percent or 5.93 points […]
Bangladesh bourse approves China bid, rejects India offer
Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, rebuffing a rival bid from India that raised political sensitivities. The Dhaka Stock Exchange on February 10 had approved the Chinese offer to buy a quarter of the bourse’s 1.8 billion shares, but Bangladesh’s financial […]