The Pakistan Stock Exchange (PSX) witnessed a notable decline during intraday trading on Wednesday as investors resorted to profit-taking, erasing early gains. Market sentiment remained cautious amid continued volatility in the trading session. Read More: PSX turns bearish, sheds 294 points In early hours, the benchmark KSE-100 Index climbed to an intraday high of 171,932.62 points, […]
Stock Market
PSX edges closer to 164,000 as bulls defend gains
KARACHI: The Pakistan Stock Exchange (PSX) continued its bullish run on Thursday, with investors buying at attractive levels, pushing the benchmark index close to the 164,000-point mark intraday. The PSX opened strongly, extending overnight gains and reaching an intraday high of 1,591 points. Mid-session volatility trimmed early gains to an intraday low of 420 points, […]
PSX rebounds as bulls return amid value buying
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 […]
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. […]