The Pakistan Stock Exchange (PSX) continued its bullish trend today, with the KSE-100 index surpassing the 83,000-point mark during intra-day trading. Market Performance: KSE-100 Index Crosses 83,000 Points As of the latest update, the KSE-100 index stands at 83,060.06 points, marking an increase of 338.30 points (0.41%). The index reached an intraday high of 83,174.01 points and a low of …
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Market Overview On Friday, the Pakistan Stock Exchange (PSX) witnessed continuous fluctuations, with the KSE-100 index ending the day flat despite some volatility. The market was under pressure due to the nearing end of the corporate earnings season and the futures rollover, which influenced investor sentiment. Trading Session Highlights The trading day started positively, with the KSE-100 index reaching its …
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Market Commentary Pakistan Weekly Market Update: The week commenced with slight market pressure due to Pakistan’s absence from the IMF Executive Board’s schedule for August 2024, leading to concerns about the disbursement of the expected tranche. However, optimism returned midweek when the Finance Minister announced progress in negotiations with the IMF, suggesting the possibility of securing approval from the IMF …
Read More »The Pakistan Stock Exchange (PSX) experienced notable volatility in the past week, with the KSE-100 index fluctuating between red and green zones before closing with a modest gain of nearly 200 points. This oscillation in the market was primarily driven by mixed investor sentiment influenced by political uncertainty, policy rate adjustments, global rating decisions, and improving economic indicators. A key …
Read More »The Pakistan Stock Exchange (PSX) witnessed a significant surge in sentiment on Monday, with the benchmark KSE-100 index gaining over 400 points during intra-day trading. As of 2:04 pm, the benchmark KSE-100 index stood at 45,714.56, marking an impressive increase of 401.91 points or 0.89%. The previous week had seen the PSX facing considerable pressure, characterized by a sharp decline …
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