KARACHI: The Pakistan Stock Exchange (PSX) saw a strong recovery on Wednesday as mid-session value-hunting pushed the benchmark KSE-100 index into positive territory. The index closed at 162,226.28 points, gaining 1,291.07 points after falling in the previous two sessions. Trading ranged between 161,279 and 162,741 points, supported by Fauji Fertiliser’s increased influence following its addition […]
Stock Market
PSX closes slightly higher amid cautious trading
KARACHI: The Pakistan Stock Exchange (PSX) opened on a positive note on Wednesday, recovering from overnight bearish sentiment driven by security concerns after two deadly terrorist attacks. Renewed buying interest at attractive levels helped the KSE-100 index post modest gains despite an otherwise cautious market. The index swung between an intraday high of 164,500 points […]
Asian markets rebound as strong U.S. data boosts investor confidence
SINGAPORE – Asian stock markets rebounded on Thursday, recovering from a sharp selloff in the previous session, as upbeat U.S. economic data restored investor confidence and drew buyers back into markets trading near record highs. Data released on Wednesday showed the U.S. services sector reached an eight-month high in October, while private payrolls rose by […]
PSX opens week on strong note as KSE-100 surges by 1,169 points
KARACHI – The Pakistan Stock Exchange (PSX) began the first trading day of the week on a bullish trend, with the benchmark KSE-100 index gaining 1,169.75 points, or 0.72 percent, to open at 162,801.48 points compared to the previous close of 161,631.73 points. Investor confidence appeared high on Monday, leading to early gains across key […]
PSX rebounds as KSE-100 surges over 2,400 points
KARACHI – The Pakistan Stock Exchange (PSX) witnessed a strong rebound on Friday, with the benchmark KSE-100 Index climbing by 2,496.07 points during intraday trading. The index registered a gain of 1.59 percent to reach 159,228.94 points, recovering sharply from Thursday’s decline. The recovery comes after the market suffered a major setback a day earlier, […]
Bears dominate PSX as investors book profits ahead of weekend
KARACHI – The Pakistan Stock Exchange (PSX) extended its losing streak on Friday as bearish sentiment gripped the market, with investors opting to book profits before the weekend. During intraday trading, the benchmark KSE-100 index plunged by 1,100.4 points, falling to 163,490.37 points — a 0.67% decline. Analysts attributed the sell-off to profit-taking after an […]
PSX extends losses as investors opt for profit-taking
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a decline on Thursday as investors engaged in profit-taking ahead of the weekend, leading to a downward trend in the benchmark KSE-100 index. During intraday trading, the KSE-100 index dropped by 513.85 points, settling at 166,039.42 points, marking a 0.31 percent decline compared to the previous close of […]
The Stock Talk
“The stock market is a device for transferring money from the impatient to the patient,” says Warren Buffett, truly capturing both its peril and promise. The origins of Western stock markets stretch back to the 17th century. Over time, these markets became the barometers of global capitalism, financing wars, industrial revolutions, and digital booms alike. […]
Asian Markets Wobble as Wall Street Slips and Commodities Pause Rally
SINGAPORE – Asian stocks limped into Friday’s session on uncertain footing, as declines on Wall Street rippled across global markets and commodity prices eased after a powerful rally. Despite the day’s caution, regional equities remain poised for one of their best years in a decade, outperforming US markets as President Donald Trump’s economic and tariff […]
Oil prices slide after OPEC+ output hike
Stock markets were mostly down in holiday-thinned trading ahead of central bank decisions later in the week, while shares in film companies fell after Trump announced tariffs on movies made outside the United States. Saudi Arabia, Russia and six other members of the oil cartel announced over the weekend an output increase of 411,000 barrels […]