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LONDON:
Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal Reserve interest rate cuts to be revised.
April was a washout on Wall Street, with the S&P 500 share index and US Treasuries…
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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:
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. …
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The Pakistan Stock Exchange 100 index touched new highs, while the dollar rose again.
The stock market saw a rally from the opening of trade on Thursday, with the 100 index trading up 502 points to a high of 72,554.
New history in Pakistan Stock Exchange, the index crossed the 72 thousand mark…
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Stocks pare gains as KSE-100 hits all-time high - Daily Times
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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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KARACHI:
Pakistan Stock Exchange (PSX) on Tuesday showed signs of recovery as investors took cue from the decline in inflation reading to 20.68% for March 2024, which could lead to an easing of monetary policy by the State Bank of Pakistan (SBP).
Earlier, trading began on a positive note but soon the KSE-100 index…
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KARACHI:
Pakistan Stock Exchange (PSX) on Monday displayed a mixed performance but registered losses as profit-taking intensified towards the end of March quarter amid growing concerns over economic uncertainty.
In the morning, trading began on a robust note, with the KSE-100 index touching its intra-day high of 67,304.36 points. However, the positive momentum died…
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KARACHI:
In another record-breaking rally, the Pakistan Stock Exchange (PSX) on Thursday rose nearly 600 points and shot past the 67,000-point barrier to a new record high on the back of major positive developments.
The key triggers were the classification of Pakistan as a secondary emerging market in the FTSE Global Equity Indices and…
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KARACHI:
The Pakistan Stock Exchange (PSX) hit an all-time high of 67,246 points before mid-day on Thursday after registering a 1% increase, maintaining its record-breaking spree on the second consecutive working day.
The market reached a new high after the UK-based global index provider (FTSE) announced its decision to retain Pakistan in the 'secondary emerging markets'…
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Stocks at PSX soar for second straight day - Daily Times
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KARACHI:
Pakistan Stock Exchange (PSX) on Monday experienced a significant recovery, driven by the World Bank’s approval of $150 million project financing and completion of final review under the International Monetary Fund’s (IMF) $3 billion standby arrangement (SBA).
In the morning, the market saw a lacklustre start with the KSE-100 index touching the intra-day…
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KARACHI:
Pakistan Stock Exchange (PSX) on Friday experienced yet another bearish session where the KSE-100 index extended losses by more than 250 points.
In the morning, trading began in a positive mood as the index reached its intra-day high of 65,534.02 points. However, the market came under selling pressure in the second half, though…
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KARACHI:
Pakistan Stock Exchange on Tuesday extended its gains from the previous day as it surged over 600 points following military strikes on terrorist hideouts and announcement of monetary policy where the State Bank of Pakistan (SBP) kept the policy rate unchanged.
In the morning, trading began on a positive note, but soon the…
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HONG KONG (AFP) - Mainland Chinese stocks were buoyant after Lunar New Year as figures showed holiday spending surged past pre-pandemic levels, leading gains in most other Asian markets on Monday.
But Tokyo's key Nikkei index ended flat after a larger-than-expected rise in US wholesale prices on Friday dealt a blow to hopes of…
" Once a jewel, today Rawalpindi does not know what it wants to be because it has forgotten what it once was.
In the post-modern world, the topography of the city has undergone a drastic shift. Rapid urbanisation and growing job opportunities have resulted in many cities in the developing world being swamped by an…