PSX Surges Past 172k on Heavyweight Buying
6 Articles
6 Articles
PSX surges past 172k on heavyweight buying
The Pakistan Stock Exchange (PSX) ended the final trading session of the week on a firm footing, with bullish sentiment driving the benchmark KSE-100 index to a fresh all-time high. The index surged by over 1,550 points, supported by strong buying interest in key heavyweight stocks amid improving macroeconomic and diplomatic developments. Market activity reflected broad-based optimism as 221 shares closed higher while 229 declined and 32 remaine…
Pakistan Stock Exchange hits record high as KSE-100 surges over 1,500 points
The Pakistan Stock Exchange (PSX) scaled a fresh all-time high on Friday as the benchmark KSE-100 index surged by more than 1,500 points, extending gains for the week amid strong investor sentiment. The index closed at 172,400.73 points after rising by 1,570.51 points, or 0.92%, from the previous close of 170,830.22 points. Market participants described the session as broadly positive, with the benchmark consolidating above the 172,400 level by …
Pakistan Stock Exchange Sees Sustained Demand for New Listings
IPO activity at the Pakistan Stock Exchange remained resilient in 2025, with all public offerings fully oversubscribed, reflecting sustained investor confidence despite smaller issue sizes. According to data compiled by Topline Securities, seven IPO-related transactions raised Rs4.3 billion during the year, the same number as last year, even though total proceeds were lower than 2024. […] The post Pakistan Stock Exchange Sees Sustained Demand fo…
PSX Reaches New All-time High After More Than 1,500-point Surge
Broker is busy in trading at Pakistan Stock Exchange (PSX) in Karachi on Thursday, October 17, 2024. — PPI ENGROH, PPL, SYS, NBP and MLCF jointly added 774 points. PSX benchmark KSE-100 index rises by 0.92%. Daily turnover stood at 797m shares with Rs38bn traded value. The Pakistan Stock Exchange (PSX) scaled a fresh all-time high on Friday as the benchmark KSE-100 index surged by more than 1,500 points, extending gains for the week amid strong…
PSX snaps losing streak with nearly 1600-point rally
The Pakistan Stock Exchange (PSX) on Friday snapped its losing streak with the benchmark KSE-100 Index gaining nearly 1,600 points. At close, the benchmark index settled at 172,400.73, a gain of 1570.51 points or 0.92%. Buying interest emerged across several major sectors, notably automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration firms, oil marketing companies, and refineries. Heavyweight index stocks such as A…
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