Tag Archives: PSX

[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Tuesday achieved another milestone as it breached the 70,000 barrier and rose to a new record high in the backdrop of favourable data of remittances that soared 16.4% year-on-year (YoY) to $2.95 billion in March 2024. Initially, trading began at the intra-day low …

[ad_1] KARACHI: The Pakistan Stock Exchange (PSX) hit a new all-time high of 69,711 points on Monday, surging by 1.9%  to continue its record-breaking spree on the second working day. The market has maintained its momentum over economic optimism in the wake of Prime Minister Shehbaz Sharif’s maiden visit to Saudi Arabia and …

[ad_1] KARACHI: The Pakistani currency has remained stable near its recent five-and-a-half-month high for the past couple of days, closing at Rs277.93 against the US dollar in the interbank market on Friday. The currency has been fluctuating around this level, approaching the significant psychological threshold of Rs277/$. According to the …

[ad_1] The Pakistan Stock Exchange briefly crossed the 68,000-point mark on Thursday, creating a new record for the stock market. The benchmark 100-index got off to a hot start on Thursday, quickly reaching 68,392 points. However, the PSX fell lower than the mark soon only to cross it again briefly …

[ad_1] KARACHI: Pakistan Stock Exchange (PSX) on Wednesday soared to a new record high as it crossed the 67,700-point barrier with a surge of more than 850 points on the back of investor enthusiasm about the potential policy rate cut and strong cement sales. The stock market followed an upward …

[ad_1] Bulls dominated the trade floor at the Pakistan Stock Exchange (PSX) on Wednesday as shares gained over 700 points in intraday trade. The KSE-100 index gained 704 points, or 1.05 per cent, to stand at 67,590.26 at 12:01pm from the previous close 66,886.26 points. According to the PSX website, …

[ad_1] The Pakistan Stock Exchange (PSX) was bullish Thursday as the KSE 100 index recorded a historic high after gaining over 661 points. At 11:54am the benchmark KSE-100 index stood at 67,208 points compared to the previous session’s close of 66,547. Arif Habib Limited, a brokerage house, noted in a …

[ad_1] 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 …

[ad_1] KARACHI: Turbulence and uncertainty marred the outgoing week at Pakistan Stock Exchange (PSX), as the market underwent a bearish spell by closing four out of five sessions in the red. Uncertainty about securing a new, longer-term loan package in negotiations with the International Monetary Fund (IMF) kept the KSE-100 …

[ad_1] KARACHI: The Pakistani currency edged up to a new over five-month high at Rs278.74 against the US dollar in the interbank market, maintaining an uptick for the third consecutive working day, fuelled by relatively better supply of the greenback in the domestic economy. According to the State Bank of …