7 Articles
7 Articles
PM Shehbaz expresses delight as PSX reaches record-breaking level
ISLAMABAD: Prime Minister Shehbaz Sharif has welcomed the Pakistan Stock Exchange (PSX) touching an all-time high of 124,000 points. While addressing a statement on Wednesday, the prime minister declared that the improvement in the stock market is a manifestation of increasing investor confidence and is an indicator of faith in the government’s “people-friendly” budget of 2025-26. He maintained that no additional tax burden has been imposed on c…
PSX establishes new record crossing two more limits closes after gaining more than 2000 points
Karachi: Pakistan Stock Exchange (PSX) on Wednesday very next day of budget established a new record as Karachi 100 Index crossed two more limits ended on 1, 24, 353 after gaining more than 2000 points. As many as 477 companies transacted their shares today while out of which 282 companies shares prices went up. Yesterday, the market had closed at 1,22,24 after an uptick of 383 shares. The post PSX establishes new record crossing two more limits…
Record PSX surge reflects investors’ confidence in pro-people budget: PM
Prime Minister Shehbaz Sharif on Wednesday hailing the record surge in the stock market to 124,000 points, said that the bullish trend reflected the confidence of investors and businessmen in the pro-people budget presented by the government on Tuesday. The prime minister, in a statement, said that in the federal budget 2025-26, the government put no additional tax burden on the common man, and that the pay raise and tax reductions would provide…
PSX hits all-time high in post-budget rally
Pakistan Stock Exchange (PSX) on Wednesday witnessed a strong bullish trend as the benchmark KSE-100 Index hit an all-time high following gaining over 2296.25 points. At 12:10 pm, the stock market was trading at 124,320.69 points with a positive change of 1.88%. Across-the-board buying momentum was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, and power generation. In…
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