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Following three consecutive sessions of subdued performance, bulls returned to the Pakistan Stock Exchange (PSX) as shares surged by over 1200 points, ARY News reported.
The benchmark KSE-100 index gained 1272.13, or 1.8 per cent, to stand at 71,929.77 points from the previous close of 70,657.64.
Experts noted that the market is regaining momentum…
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PSX witnesses bearish trend, loses 444 points - Daily Times
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ISLAMABAD (APP) - The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, shedding 444.91 points, a negative change of 0.63 percent, closing at 70,657.64 points against 71,102.55 points the previous trading day.
A total of 436,993,041 shares valuing Rs 19.024 billion were traded during the day as compared to…
" KARACHI: The KSE-100 benchmark of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Thursday, shedding 444.90 points with a negative change of 0.63 percent and closing at 70,657.64 points against 71,102.54 points the previous trading day, ARY News reported on Thursday.
In today’s trading session, the 100 index of PSX shows a…
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KARACHI:
The top 100 performing companies listed on the Pakistan Stock Exchange (PSX) have reported a 25% increase in their net profit to Rs1.3 trillion in the first nine months of the current fiscal year 2023-24 compared to the same period last year.
This surge in profit coincides with Pakistan’s stock market becoming the…
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KARACHI:
TPL Real Estate Investment Trust (REIT) Fund-I is scheduled to offer a minimum of 1.25% (22.94 million) units at Rs17.59 per unit to the general public with the aim of raising Rs403 million in the ongoing week at the Pakistan Stock Exchange (PSX).
Fund runners may opt for selling an additional 1.22% (22.39…
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PSX witnesses bearish trend, loses 592 points - Daily Times
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KARACHI:
Pakistan Stock Exchange (PSX) on Tuesday suffered significant losses near the end of the corporate earnings season as the State Bank of Pakistan (SBP) maintained a tight monetary policy amid inflation concerns, geopolitical risks and pending fiscal measures.
In the morning, trading began on a positive note as the KSE-100 index moved north…
" KARACHI: On the second business day of the week, the KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend after losing 592.49 points with a negative change of 0.83 percent and closed at 71,102.54 points against 71,695.03 points the previous trading day, ARY News reported on Tuesday.
In today’s trading session,…
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KARACHI:
Pakistan Stock Exchange (PSX) on Monday came under heavy selling pressure as the KSE-100 index slumped nearly 1,050 points amid uncertainty surrounding the State Bank of Pakistan (SBP)’s policy rate announcement ahead of new loan talks with the International Monetary Fund (IMF).
Although trading began on a positive note, reflecting the sharp gains…
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KARACHI:
International Packaging Films (IPAK) has planned to raise a minimum of Rs1.47 billion through putting on sale its 70.1 million shares at a price starting from Rs21 per share at the Pakistan Stock Exchange (PSX) early next month.
PSX’s book building rules allow a maximum 40% increase in the share price to Rs29.40…
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KARACHI:
Pakistan Stock Exchange (PSX) rallied in a remarkable fashion in the outgoing week when it soared to a new peak around 72,750 points as activity was fuelled by Iranian president’s visit to Pakistan and speculation about the upcoming monetary policy and new loan talks with the International Monetary Fund (IMF).
Some other major…
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KARACHI:
Pakistan Stock Exchange (PSX) on Friday soared to unprecedented heights with substantial gains of over 750 points, fuelled by robust buying on the back of a favourable corporate earnings outlook, foreign fund inflows and speculation ahead of monetary policy meeting.
In the morning, the market looked depressed when the KSE-100 index dipped to…
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PSX loses 80 points - Daily Times
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KARACHI: On the last business day of the week, the Pakistan Stock Exchange (PSX) touched new heights on Friday, gaining 771.35 points with a positive change of 1.07 percent and closed at 72,742.75 points against 71,971.40 points the previous trading day, ARY News reported.
In today’s trading session, the KSE-100 benchmark exhibits a range…
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KARACHI:
Pakistan Stock Exchange (PSX) on Thursday came under slightly downward pressure, sparked by institutional profit-taking in overbought stocks amid the ongoing corporate earnings season.
In the morning, trading commenced on a positive note, reflecting the previous day’s growth momentum, and the KSE-100 index touched its intra-day high of 72,593.25 points around midday. …
" KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Thursday dropped 80.49 points, a negative change of 0.11 percent, and closed at 71,971.40 points against 72,051.89 points the previous trading day, ARY News reported.
In today’s trading session, the benchmark exhibits a range of movement, with the high touching 72,593.25 points and…
" KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Thursday dropped 80.49 points, a negative change of 0.11 percent, and closed at 71,971.40 points against 72,051.89 points the previous trading day, ARY News reported.
In today’s trading session, the benchmark exhibits a range of movement, with the high touching 72,593.25 points and…
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ISLAMABAD (APP) - The 100-Index of Pakistan Stock Exchange (PSX) on Thursday shed 80.49 points, a negative change of 0.11 percent, closing at 71,971.40 points against 72,051.89 points the previous trading day.
A total of 798,527,177 shares valuing Rs.27.542 billion were traded during the day as compared to 599,401,643 shares valuing Rs 24.459 billion…
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KARACHI:
Wilmar International Limited (WIL), Asia’s leading agribusiness group based in Singapore, has proposed to acquire an additional 23.20% stake in Unity Foods through its subsidiaries and partners. The aim is to assume management control of the company by injecting foreign investment.
The group and its partners have proposed to acquire an additional 277.07…
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KARACHI:
Bulls made a comeback at the Pakistan Stock Exchange (PSX) on Wednesday as the KSE-100 index touched a new peak above the 72,000-point mark over improved economic prospects.
Earlier, trading began on an optimistic note and the KSE-100 index hit the intra-day high of 72,414.32 points in the initial hours as investor confidence…
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ISLAMABAD:
In a landmark development, the Pakistan Stock Exchange (PSX) has signed a collaborative understanding with LSEG (London Stock Exchange Group) on Environment, Social, and Governance (ESG). Under this mutual understanding, both companies will work to develop a suite of standardised ESG data tools for PSX-listed companies to report their ESG data, according to a…
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KARACHI:
Pakistan Stock Exchange (PSX) on Monday rose to a fresh record high during the corporate earnings announcement season, fueled by robust financial results and anticipation ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement on April 29.
In the morning, trading commenced at the intra-day low of 70,882.44 points, but soon…
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ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 869.77 points, a positive change of 1.30 percent, closing at 67,756.04 points against 66,886.26 points the previous trading day.
A total of 361,823,380 shares valuing Rs11.901 billion were traded during the day as compared to…
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KARACHI:
Pakistan Stock Exchange (PSX) on Tuesday came under selling pressure which wiped out all the gains made earlier in the day, caused by weakening global crude oil prices, refinery closure and anticipation ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement.
In the morning, trading began on a robust note, marked…