PSX breaks nine-day winning streak

PSX breaks nine-day winning streak

Pakistan Stock Exchange (PSX) snapped its nine-day winning streak on Thursday as profit-taking above the 157,000 level dragged the benchmark KSE-100 index down by 880 points to 156,141. Volumes remained robust at 1.3 billion shares with traded value at Rs50.2 billion, led by Agha Steel Industries, WorldCall Telecom and K-Electric. Positive contributions from Meezan Bank, Interloop Limited and Kohinoor Textile Mills were offset by sharp declines …

PSX drops over 1,700 points amid selling spree

The Pakistan Stock Exchange (PSX) came under intense selling pressure on Friday, with the benchmark KSE-100 Index plunging over 1,700 points in the second half of the trading session. By the close of market, the index had dropped 1,701.56 points, or 1.09%, to settle at 154,439.68. Heavy losses were recorded across major sectors, including commercial banks, fertilisers, oil and gas exploration, refineries, and power generation. Several index-heav…

Bulls retreat as KSE-100 faces second consecutive losing session

Benchmark index loses over 1,700 points during trading on Friday