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The Pakistan Stock Exchange (PSX) achieved a major milestone on Monday as the KSE-100 index crossed the 111,00 points for the first time in history. Investors celebrated the record-breaking rally, which reflected growing confidence in Pakistan’s financial markets. Opening Rally Boosts Market The market began the day with a strong rally. The KSE-100 index surged …
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The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 Index crossed the 110,000-point mark during trading on Monday. The index surged by an impressive 1,211 points in intraday trading, reflecting strong investor confidence and a robust market trend. Investors Celebrate Market Momentum The record-breaking performance has boosted investor sentiment. Analysts attribute the …
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Islamabad: The Ministry of Energy has successfully renegotiated a power purchase agreement with Safe Power Company, sources confirmed. The company’s board approved changes to the agreement, introducing a revised tariff structure aligned with the Task Force’s proposed rates. Safe Power Company will now follow the “Take and Pay” tariff, ensuring more reliable payment terms. The …
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The Pakistan Stock Exchange (PSX) continued its strong upward momentum on Thursday. The 100-Index recorded a significant increase, highlighting growing investor confidence in the market. The trading session opened at 105,104 points. By the end of the day, the 100-Index surged to 108,238 points, gaining a massive 3,134 points. During the day, the index achieved …
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KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) continued its upward momentum, closing above the 103,000 mark on Monday. The index gained 1,917.63 points, a 1.89% increase, to settle at 103,274.95 points. This marked a significant rise from the previous close of 101,357.32 points. The PSX witnessed record participation with a trading volume …
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Karachi: Shares at the Pakistan Stock Exchange (PSX) surged over 900 points on Thursday, pushing the KSE-100 Index past the 100,000-point milestone for the first time in history. The index jumped by 947.32 points, or 0.95%, to reach 100,216.57 points at 9:35 AM, up from the previous close of 99,269.25 points. Unprecedented Growth Amid Recovery …
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The Pakistan Stock Exchange (PSX) experienced a significant rise in investors registrations in October 2024. According to data from the National Clearing Company of Pakistan Limited (NCCPL), 10,001 new accounts were registered during the month. This marked a 17% month-on-month increase. Active Accounts Reach 345,290 The surge in registrations has pushed the total number of …
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Investor sentiment at the Pakistan Stock Exchange (PSX) remained positive on Friday, as the benchmark KSE-100 Index gained over 750 points in the first half of the trading session. This surge came after concerns over a potential mini-budget eased, contributing to growing optimism among investors. By 12pm on Friday, the KSE-100 Index was hovering at …
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The Pakistan Stock Exchange (PSX) saw a strong recovery on Thursday, with shares climbing more than 800 points during intraday trade. Analysts attributed the rally to improving macroeconomic stability, which encouraged investor confidence. After a slight dip on Tuesday, when the market snapped its record-breaking streak, the PSX bounced back on Wednesday with a modest …
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Karachi: The Pakistan Stock Exchange (PSX) continued its bullish run on Monday, with the benchmark KSE-100 index crossing the 94,000 level during intra-day trading. This milestone reflects sustained investor confidence and positive market momentum. The KSE-100 index closed at 93,648.32, marking a gain of 356.64 points, or 0.38%, from the previous close of 93,291.68. During …
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KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Thursday as the KSE-100 index jumped by nearly 500 points, reaching a new all-time high. This rally was fueled by expectations of a credit ratings upgrade, upcoming Saudi investments, and increased foreign interest through MSCI index inclusions. The market saw a positive …
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The Pakistan Stock Exchange (PSX) saw another day of impressive rise, with the benchmark KSE-100 Index surging by nearly 1,250 points during intra-day trading on Monday. By 3:30 pm, the KSE-100 stood at 92,105.87, up 1,246.02 points, or 1.37%. The index hit an intra-day peak of 92,159.08 as investor sentiment remained high. Key Sectors Drive …
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Shares at the Pakistan Stock Exchange (PSX) reached a new all-time high on Wednesday. The benchmark KSE-100 index crossed the 87,000-point barrier, closing at 87,194.53 points. This marked an increase of 727.96 points or 0.84% from the previous close of 86,466.57 points. The index even reached an intraday high of 87,309.22 points. Mohammed Sohail, CEO …
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KARACHI: The Pakistan Stock Exchange (PSX) has achieved a significant milestone by surpassing the PKR 1 trillion mark in the issuance of GoP Ijarah Sukuk (GIS). This landmark achievement was reached after the successful conclusion of the 13th GIS auction on September 16, 2024, which raised an additional PKR 207 billion for the Ministry of …
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Karachi: Pakistani equities fell further on Tuesday, as investors remained concerned about the possibility of the Pakistan Stock Exchange (PSX) being included into the Morgan Stanley Capital International (MSCI) index. Today, MSCI will announce Pakistan’s reclassification from Emerging Markets (EM) to Frontier Markets (FM). On November 21, the semi-annual index review, the prospective reclassification is …
