PSX at New Peak over Budget Hopes
10 Articles
10 Articles
PSX at new peak over budget hopes
The Pakistan Stock Exchange (PSX) continued its record-breaking run on Wednesday as the benchmark KSE-100 index closed at an all-time high at nearly 121,800 points. Investor sentiment remained upbeat ahead of the federal budget, buoyed by expectations of fiscal relief measures and encouraging macroeconomic indicators. The rally was supported by a 10% year-on-year increase in petroleum product sales for May, rising cement exports and the Asian De…
End of week trend remained bearish at PSX today as it lost 157 points
Karachi :The trend remained bearish in Pakistan Stock Exchange on Thursday, today, as the Karachi 100-Index shed 157.87 points while it closed at 121,641.00 points. A total of 854,617,208 shares were traded during the day as compared to 710,591,203 shares the previous trading day, whereas the price of shares stood at Rs 25.793 billion against Rs 35.216 billion on the last trading day. As many as 478 companies transacted their shares in the stock…
Pakistan Stock Market surges to historic high, crosses 122,000 points for the first time ever
In a remarkable development ahead of the federal budget announcement, the Pakistan Stock Exchange (PSX) has achieved an unprecedented milestone by crossing the 122,000-point mark—a historic first in the country’s financial history. The rally in the stock market reflects growing investor confidence and positive market sentiment in anticipation of the upcoming budget. During early trading hours, the benchmark KSE-100 index witnessed a strong bulli…
PSX opens in green, gains over 300 points in early trading
Pakistan Stock Exchange (PSX) continued the bullish trend in the early trading on Thursday as the benchmark KSE-100 Index gained over 300 points to 122,281.58 points against 121,798.86 points. At 9:40 am, the stock market was trading at 121,820.71 points with a positive change of 0.02%. Previous session: The 100-Index of the Pakistan Stock Exchange (PSX) continued with a bullish trend on Wednesday, gaining 1,347.99 points, a positive change of …
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