PSX Regains Momentum on Institutional Buying

PSX regains momentum on institutional buying

Stocks staged a sharp rebound at the Pakistan Stock Exchange (PSX) on Friday, with the KSE-100 index surging around 1,300 points to close above 148,600, as institutional buying gained momentum ahead of the August inflation data amid easing futures rollover pressure. Market sentiment was buoyed by the rising forex reserves, rupee appreciation and government deliberations on addressing the circular debt issue. Cement, banking and energy sectors le…

PSX Surges as KSE-100 Gains Over 1,700 Points

The Pakistan Stock Exchange (PSX) witnessed strong positive momentum on Friday as the benchmark KSE-100 Index surged past the 149,000 mark. Investors welcomed the rebound with heavy buying across multiple sectors, lifting market sentiment after a period of pressure. By the afternoon session, the index was seen trading at 149,050.73 points, showing an impressive rise of 1,707.23 points or 1.16%. Buying Drives Market Recovery Market participants s…

PSX rebounds with over 1200 points gain

The Pakistan Stock Exchange (PSX) rebounded on Friday as the benchmark KSE-100 Index surged by more than 1,200 points. At the close of trading, the index settled at 148,617.77, up 1,274.27 points or 0.86 percent. Strong buying interest was recorded across major sectors, including cement, commercial banks, oil and gas exploration, oil marketing companies, power generation, and refineries. Heavyweight stocks such as ARL, NRL, HUBCO, MARI, POL, PPL…

PSX snaps 4-day losing streak as KSE-100 Index closes higher by over 1,270 points

Positive sentiments returned to the Pakistan Stock Exchange (PSX) after four days of losing streak, with the...