PSX Loses Momentum as Investors Opt for Profit-Taking

PSX falls on debt worries, profit-taking

KARACHI: The Pakistan Stock Exchange (PSX) witnessed range-bound trading on Monday as concerns over debt repayments...

PSX loses momentum as investors opt for profit-taking

The Pakistan Stock Exchange (PSX) commenced the week with lacklustre trading on Monday as the benchmark KSE-100 index lost momentum owing to profit-taking by investors ahead of expiry of July-end contracts.  After fluctuating within a narrow range throughout the day, the benchmark index recorded a decrease of 379.78 points, or 0.27%, and settled at 138,217.58 by the close of trading.  In its market review, Topline Securities commented that the K…

PSX gains ground amid economic optimism and hopes for rate cuts

KARACHI: The Pakistan Stock Exchange (PSX) saw a notable rebound on Tuesday, with investor confidence lifted by renewed optimism about the country’s economic future, potential policy easing, and encouraging corporate earnings. The benchmark KSE-100 Index surged during early trading, reaching an intraday high of 139,703.29 points—an increase of 1,485.71 points or 1.07%. However, the index later slipped slightly, ending at a low of 138,197.81, dow…

Bulls return to bourse, KSE-100 gains over 1,200 points

After declining in the previous session, positive sentiments returned to the Pakistan Stock Exchange (PSX), with the...

PSX Drops 380 Points Amid Profit-Taking in the Market - Day News TV

The Pakistan Stock Exchange (PSX) faced a sharp dip on Monday as the benchmark KSE-100 Index fell nearly 400 points. Market volatility and investor profit-taking ahead of end-July contract expiries drove the decline, putting an end to the recent bullish streak. Index Slides After Record High After reaching a historic peak last week, the KSE-100 Index closed at 138,217.58, down 379.78 points or 0.27%. The day’s session remained range-bound, fluct…

PSX sheds 379 points

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 witnessed bearish trend on Monday, shedding 379.78 points, a negative change of 0.27 percent, closing at 138,217.58 points against 138,597.36 points last trading day. A total of 608,186,190 shares were traded during the day as compared to 609,443,979 shares the previous trading day, whereas the price of shares stood at Rs 23.523 billion against Rs 31.624 billion on the last trading day. As ma…