Tag Archives: PSX

The Pakistan Stock Exchange (PSX) continued its robust rally on Thursday, with the KSE-100 index surpassing the 94,000-point mark during intraday trading. This surge reflects growing investor confidence, driven by economic stability and positive market sentiment towards blue-chip stocks. The day began with a strong 547-point surge, pushing the index to 93,903 points. As the trading session continued, the market …

Zarea Limited’s IPO: A Major Step Towards Digital Transformation Zarea Limited (ZL), a business-to-business (B2B) e-commerce platform, applied for listing on the Pakistan Stock Exchange (PSX) on Monday. The company aims to raise at least Rs1 billion through an initial public offering (IPO) of 62.50 million shares, priced at a minimum of Rs16 per share. This offering is open to …

KSE-100 Index Hits New Record at PSX The Pakistan Stock Exchange (PSX) continued its upward momentum on Wednesday, with the KSE-100 Index surpassing 87,000 points for the first time. The index closed at an all-time high of 87,194.53 points, marking a gain of 727.96 points or 0.84%. During the day, the index touched a record intra-day high of 87,309.22 points, …

PSX Gains 578 Points as Political Tensions Ease and Corporate Earnings Shine The Pakistan Stock Exchange (PSX) saw a sharp rebound on Tuesday, advancing by over 550 points driven by a surge in blue-chip stocks and renewed investor confidence during the corporate earnings season. The KSE-100 index initially dipped to an intra-day low of 84,856.21 points, reflecting losses from the …

PSX KSE-100 Crosses 86,000 for the First Time but Closes Flat The Pakistan Stock Exchange (PSX) experienced a volatile session on Wednesday as its KSE-100 Index crossed 86,000 points during intra-day trading, marking the first time in history. However, late-selling pressure caused the index to retreat and close flat. Record-Breaking Intra-Day High The KSE-100 Index began the session with strong buying …

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 …

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 …

PSX Notice Summary: In light of the recent announcement regarding the book closure date for JS Global Banking Sector ETF (JSGBETF), the Pakistan Stock Exchange (PSX) is updating the trading and settlement schedules for the Deliverable Future Contracts (DFC) related to this ETF. The revised schedule affects DFCs for August 2024, September 2024, and October 2024. Affected Contracts and New …

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 …