Tag Archives: Pakistan Stock Exchange

Market Overview: Positive Close Amid Volatility The Pakistan Stock Exchange (PSX) managed to close in the green on Tuesday, overcoming a volatile trading session. The positive close was primarily driven by expectations of a third consecutive interest rate cut by the State Bank of Pakistan (SBP) in its upcoming Monetary Policy Committee meeting scheduled for September 12. Ahsan Mehanti, an …

The Pakistan Stock Exchange (PSX) exhibited positive momentum on Friday, driven by an improved economic outlook and investor interest in the government’s ongoing discussions regarding the privatisation of state-owned enterprises (SOEs). The market also drew support from bullish global equity trends and the government’s commitment to reducing power tariffs. Market Performance and Trends Trading commenced with strong buying activity, and …

Shares at the Pakistan Stock Exchange (PSX) traded positively on Friday, with the KSE-100 benchmark index climbing over 400 points in intraday trading before closing in the green. The index increased by 138.55 points, or 0.18%, to settle at 78,488.21 points, up from the previous close of 78,349.66. Market Drivers and Performance The initial surge in the market was attributed …

KSE-100 Index Dips Below 78,000 Amid Lack of Positive Market Triggers On Wednesday, the Pakistan Stock Exchange’s (PSX) KSE-100 Index continued its recent downward trend, closing marginally lower at 77,992.78, a decline of 91.45 points or 0.12%. Despite early gains, the index could not sustain its momentum, reflecting the broader market’s struggle to find positive triggers. The trading session began …

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 …

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 …

1. Introduction Investing in the Pakistan Stock Exchange (PSX) is one of the most effective ways to grow wealth and secure your financial future. With inflation eroding purchasing power, investing wisely becomes crucial. Arif Habib Limited (AHL), one of Pakistan’s leading brokerage firms, offers a robust platform for investors looking to enter the PSX. This article will guide you through …

Suspension of Trading in Mughal Iron & Steel Industries Limited Sukuk [MUGHALSC] In a recent update from the Pakistan Stock Exchange (PSX), trading in the Sukuk of Mughal Iron & Steel Industries Limited, identified by the symbol [MUGHALSC], will be suspended due to the company’s book closure dates. Key Dates and Suspension Details Mughal Iron & Steel Industries Limited has …

The Pakistan Stock Exchange (PSX) rebounded strongly on Thursday, gaining 667 points to reach 78,545 during intra-day trading. This recovery represents a significant 0.85% rise from its previous close of 77,878 points, signaling a positive turn in the market after recent declines. Recent Market Decline and Contributing Factors Earlier in the week, the PSX had experienced a downturn, dropping over …

Introduction of Concept Papers The Securities and Exchange Commission of Pakistan (SECP) has issued two concept papers aimed at enhancing the development of the short-term sukuk (Islamic bonds) market. These papers are intended to initiate public consultation and propose regulatory measures to promote the listing of short-term sovereign and corporate sukuk instruments. Objectives and Rationale The primary goal of these …