PSX rebounds as calm returns after historic plunge

PSX rebounds as calm returns after historic plunge

Pakistan’s benchmark KSE-100 index bounced back on Friday, rising 2,419.2 points (2.33%) in intraday trading to reach a high of 105,946.01, as market sentiment stabilised after Thursday’s steep sell-off. The index had closed at 103,526.81 on Thursday after tumbling 6,482.21 points, or 5.89%, its worst single-day fall on record. Early trade on Friday saw no fresh disruptions, helping restore investor confidence. Investor attention is now on the I…

PSX Gains Over 3,600 Points Today After Two Days of Decline

After two days of significant decline, the Pakistan Stock Exchange (PSX) made a strong comeback today, with the market gaining over 3,600 points. The market had earlier faced a substantial drop of around 6,500 points. But today’s positive movement reflected a turnaround in investor sentiment. Market Overview Today, the PSX index started at 107,174.63 and closed at 103,700 with a notable increase of 3,647.82 points or 3.40%. The trading volume to…

KSE 100 Index Rebounds Sharply After 6% Crash: Can Bulls Reclaim 112K?

The KSE 100 Index, the benchmark stock index of the Pakistan Stock Exchange (PSX), based in Karachi, clawed back losses on Friday, bouncing above 103,700 after a punishing week. On Wednesday, the index nosedived nearly 6% in a single day, driven by a sudden spike in India-Pakistan tensions that spooked investors and triggered circuit breakers. The exchange briefly halted trading after the benchmark plunged 6% in a single day, its worst slide sin…

PSX remains volatile amid rising Pakistan-India tensions

KARACHI: The Pakistan Stock Exchange (PSX) continued to reflect volatility on Friday, the last trading day of the week, as growing tensions between Pakistan and India cast a shadow over investor confidence. After suffering sharp losses in the previous session, the market opened on a positive note but experienced sharp swings throughout the morning.  At the opening around 9:15 AM, the benchmark KSE-100 index was up by 422.87 points at 103,949.68,…

Historic volatility hits Pakistan Stock exchange as KSE-100 index surges by 2,115 points

The Pakistan Stock Exchange (PSX) witnessed a dramatic day of trading on Friday, marked by significant market volatility and a mix of bullish and bearish trends. The session began on a strong note, with the KSE-100 index climbing by 849 points in early trade, reaching the 104,375 mark.   The upward momentum continued throughout the day, fueled by growing investor confidence and positive market sentiment. At one point, the index surged by an impr…

PSX opens in green, rises in early trading

Pakistan Stock Exchange (PSX) opened in green on Friday and gained some points in the early trading. At 10:00 am, the benchmark KSE-100 Index was trading at 103,570.14 against 103,526.81 points in the previous session. Previous session: The 100-Index of the Pakistan Stock Exchange (PSX) continued with bearish trend on Thursday, losing 6,482.21 more points on Thursday, a negative change of 5.89 percent, closing at 103,526.82 points as compared to…