PSX soars as political gridlock breaks | The Express Tribune

A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange (PSX) bounced back on Wednesday, making a U-shaped recovery and erasing losses as the resolution of internal political concerns spurred investor interest following an agreement to form a government. Earlier, […]

PSX plans Sukuk auction for lower financing costs | The Express Tribune

A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: The Pakistan Stock Exchange (PSX) is scheduled to hold its next auction to sell one to five-year Sukuks on Tuesday (February 20), helping the cash-strapped government raise a targeted Rs150 billion at apparently comparatively […]

PSX sheds over 1,300 points during intraday trade

An investor talks on his phone at the PSX in this undated picture. — AFP/File KARACHI: Political uncertainty continued to dominate the negative sentiment at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index lost close to 1,400 points during intraday trading on Tuesday. The KSE-100 index stood at 59,674.31, losing 1,391 points, or […]

PSX bleeds for second day; total post-poll losses top 3,000 points

Stockbrokers monitor the latest share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on December 2, 2022. — APP KARACHI: The Pakistan Stock Exchange (PSX) was crushed by another panic-selling spree on Monday, posting its ninth-highest day-on-day (DoD) loss, as investors gasped for clarity on the country’s political and economic […]

PSX plunges 3.68% after ‘election upset’ | The Express Tribune

KARACHI: The Pakistan Stock Exchange (PSX) nosedived by 3.68%, equivalent to 2,362 points, soon after opening on Friday. Panic selling ensued in the aftermath of the upset in the general elections, causing the index to hit a 10-day low at 61,782 points. Muhammad Sohail, CEO of Topline Securities, commented briefly, “PSX down…after unexpected election results”. […]

Political, security fears drive PSX down | The Express Tribune

KARACHI: Pakistan Stock Exchange (PSX) continued its losing streak on Tuesday as it dropped over 900 points owing to growing concerns over political noise and security challenges ahead of elections in the country. Despite the beginning of trading on a promising note, marked by the intra-day high of 63,074.51 points, the KSE-100 index was unable […]

PSX plummets over 900 points | The Express Tribune

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a sharp decline, plummeting over 900 points during the trading session after former prime minister Imran Khan and his close aide, ex-foreign minister Shah Mahmood Qureshi, were both sentenced to 10 years in jail in the cypher case. Market analysts attributed the panic selling to concerns […]

Govt plans Rs100 billion Sukuk boost at PSX | The Express Tribune

KARACHI: The government is set to hold the second auction of Sukuks at the Pakistan Stock Exchange (PSX) on Tuesday, aiming to raise new domestic debt worth Rs100 billion after securing financing at a comparatively low price in the first auction held last month at the bourse. The government has decided to gradually increase the […]

PSX witnesses sharp dip amid Pak-Iran escalation | The Express Tribune

The Pakistan Stock Exchange (PSX) experienced a sharp dip on Thursday and fell by more than 1,000 points following the rapid deterioration of ties between Pakistan and Iran.  The KSE-100 Index fell below the psychological level of 63,000 points and settled around 62,500 points.  Investors lost millions due to the decline in the benchmark index, which […]

PSX begins new year on positive note by gaining over 1,500 points

Stock brokers watching latest share price at Pakistan Stock Exchange (PSX). — APP/File KARACHI: The Pakistan Stock Exchange (PSX) began the new year by crossing the 64,000 barrier on Monday during the the intraday trading.  The benchmark KSE-100 index, in its first trading session of 2024, reached 64,023.98 points, up by 1,572.94 or 2.52% from the […]

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