PSX extends gains as buying spree continues
7 Articles
7 Articles
PSX extends gains as buying spree continues
The Pakistan Stock Exchange (PSX) maintained its upward march on Tuesday as the benchmark KSE-100 index surged by 1,104 points, or +0.66%, to close near the session high at 167,347. The market reached the intra-day high at 168,414 while the day's low was at 166,924, reflecting movement of the index in a wide band. Investor confidence appeared to strengthen, underpinned by an improving macroeconomic outlook and easing geopolitical concerns. Stock…
PSX Under Pressure As SOE Losses And Global Cues Bite
A broker looks at an index board showing the latest share prices at the Pakistan Stock Exchange in Karachi. – AFP/File The bourse traded lower on Friday as investors continued to lock in gains amid a cautious tone ahead of rollover week and lingering macro uncertainty. “Profit taking and some results have been lower than expectations,” said Samiullah Tariq, Head of Research at Pak-Kuwait Investment Company. During the session, the Pakistan Stock…
PSX slips into red after early rally
KARACHI : The Pakistan Stock Exchange (PSX) saw a sharp reversal on Wednesday as early optimism gave way to heavy profit-taking, pulling the benchmark KSE-100 index into negative territory by the close of trading. The session opened on a strong note, driven by upbeat corporate earnings and signs of macroeconomic stability. This early momentum pushed the KSE-100 index up by more than 500 points, reaching an intraday high of 168,163. However, the …
PSX sheds 793 points to close at 166,553.28
The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Wednesday, losing 793.55 points, a negative change of 0.47 percent, closing at 166,553.28 points against 167,346.83 points on the last working day. A total of 476 companies transacted their shares in the stock market; 203 recorded gains, 232 sustained losses, and 41 remained unchanged. The total trading volume was 1,568.82 million shares compared to 1,819.32 million …
PSX sheds nearly 800 points
The Pakistan Stock Exchange (PSX) ended its winning streak on Wednesday as the benchmark KSE-100 Index fell by nearly 800 points. The session began with positive momentum, with the index rising over 400 points during intra-day trading. However, heavy selling pressure later in the day erased early gains, and the benchmark closed at 166,553.27 — down 793.56 points or 0.47%. Buying was initially observed in key sectors, including cement, oil and ga…
PSX ends in red after wild market swings
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) experienced a turbulent trading session on Tuesday, with the KSE-100 Index swinging sharply between gains and losses before ultimately closing in the red. Trading began on a strong note, as investors showed renewed buying interest following Monday’s rally. The KSE-100 Index surged by over 500 points, hitting an intraday high of 167,984 points amid optimism about improving market fundamenta…
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