Confusion surrounding the upcoming budget has eased after government sources clarified that no new tax will be imposed on the trading of shares of listed companies in the Pakistan Stock Exchange. The clarification comes amid rising speculation about possible changes in capital market taxation policies. According to officials, investors dealing in publicly listed companies will […]
Stock Market
PSX gains over 6,000 points on Iran US deal optimism
The Pakistan Stock Exchange (PSX) posted a strong performance during the outgoing trading week, with the benchmark KSE-100 Index gaining more than 6,000 points amid investor optimism surrounding a potential agreement between the United States (US) and Iran. Read More: PSX gains over 2,200 points on first trading day after Eid According to the weekly market […]
PSX surges 1,900 points amid renewed investor confidence
The Pakistan Stock Exchange (PSX) continued its bullish momentum on Wednesday as strong buying activity pushed the market significantly higher during intraday trade. Read More: PSX rebounds to gain over 1,090 points The benchmark KSE-100 Index gained 1,934.74 points, or 1.19%, reaching 164,831.42 points at 3:44 pm compared to the previous close of 162,896.68 points. The […]
Pakistan’s MSCI frontier index weight drops to 4.8%
Pakistan’s weight in the MSCI Frontier Markets Index declined from 5.8% to 4.8% in the latest semi-annual review, reflecting weaker performance in the country’s listed companies compared to other frontier markets. Analysts said the decline mainly resulted from a nearly 13% fall in the market capitalisation of existing Pakistani companies included in the index. According […]
Asian markets showed mixed performance as oil rises on Iran tensions
Asian stock markets showed a mixed performance on Friday as rising geopolitical tensions between the United States and Iran kept investors cautious, while oil prices continued to climb amid ongoing uncertainty. Read More: Oil rises further above $100, most Asian stocks fall as Iran war rages A broad regional index of Asia-Pacific shares outside Japan edged up slightly, […]
KSE-100 dropped below 170,000 amid market pressure
Pakistan’s benchmark stock index, the KSE-100 Index, dropped below the 170,000 level on Thursday as bearish sentiment continued to dominate trading at the Pakistan Stock Exchange (PSX). Read More: PSX turns bearish, loses over 1,576 points During intraday trading, the index plunged by more than 2,700 points, falling to 168,828.24 compared to the previous close […]
Oil prices surge near $100 amid Iran tensions
Global financial markets turned cautious on Tuesday as escalating tensions linked to the Iran conflict pushed oil prices sharply higher, raising fresh concerns about supply disruptions and inflationary pressure. Read More: Oil prices surge as Strait of Hormuz closes again Brent crude rose by around 4.5% to $99.78 per barrel, while West Texas Intermediate climbed 5.3% to […]
PSX drops over 3,000 points amid regional uncertainty
The Pakistan Stock Exchange witnessed a sharp decline on Monday as its benchmark KSE-100 Index plunged by more than 3,000 points during intraday trading, reflecting heightened investor concerns over regional uncertainty. Read More: PSX gains over 4,000 points on hopes of improved ME situation By 1:39pm, the KSE-100 index had fallen by 3,145.02 points, or 1.81%, […]
Pakistan Stock Exchange staged a strong recovery after recent sell-off
The Pakistan Stock Exchange staged a strong recovery on Tuesday, with its benchmark KSE-100 Index gaining significant ground in early trading after a steep decline in the previous session. Read More: Pakistan Stock Exchange falls as oil spike fuels inflation fears The KSE-100 Index climbed to an intraday high of 165,150.36, rising 4,559.03 points or 2.84%. […]
PSX surges as KSE-100 gaining over 1,900 points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on the last trading day of the week, with the benchmark KSE-100 Index gaining more than 1,900 points during intraday trading. Read More: PSX surges over 14,137 points amid improving regional situation The rally comes in the wake of a ceasefire in the Middle East, […]