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The Pakistan Stock Exchange (PSX) took a breather on Friday after a strong seven-week rally. Market consolidation kicked in as the benchmark KSE-100 index closed at 145,383 points, marking a modest decline of 264 points, or 0.18%. The dip followed cautious investor sentiment triggered by falling foreign exchange reserves and rising government bond yields. Forex …
Continue reading “PSX Halts Climb At 145,383 Amid Profit-Taking”
In a move aimed at aligning returns with current economic trends, the government has reduced profit rates on National Savings Schemes, effective June 27, 2025. The adjustment follows the State Bank of Pakistan’s (SBP) decision to hold its policy rate steady at 11% amid global uncertainty. Profit Rates See Broad Declines The sharpest reductions affected …
Continue reading “Govt Cuts Profit Rates on Savings Schemes Amid Market Stability Push”
