US EditionCentral Bank Likely to Reduce Rate by 50 Bps
8 Articles
8 Articles
PSX gains 1,054 points during intraday trading
KarachiThe Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an intraday high of 139,018.88, gaining 1,054.07 points for the session. The stock market opened higher on Wednesday as investors positioned themselves ahead of the State Bank of Pakistan’s (SBP) key policy announcement due later in the day. The post PSX gains 1,054 points during intraday trading appeared first on Abb Takk News.
PSX recovers ground on SBP rate cut hopes - Daily news Update
A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. — AFP Investor optimism returned to the capital market on Wednesday, as expectations of an interest rate cut and fresh corporate developments helped lift sentiment ahead of the State Bank’s monetary policy verdict. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an intraday high of 139,018.88, g…
Women’s Chamber demands reduction in policy rate for economic revival Islamabad Women’s Chamber of Commerce and Industry founder president and UBG central leader Samina Fazil has said that the central bank should reduce the interest rate significantly according to the current situation, otherwise businesses will start collapsing. She said that the current 11 percent interest rate is becoming a major obstacle in business. In a statement issued he…
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