Pakistan Stock Exchange Rises Amid Strong Buying, MPC Rate Cut Anticipation

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 …

Profit-Taking Drags Down PSX, Erases Intra-Day Gains

The Pakistan Stock Exchange (PSX), on Wednesday, experienced a sharp downturn as profit-taking erased all intra-day gains, pushing stocks into negative territory. The benchmark KSE-100 Index, which had surged to new highs earlier, fell back under selling pressure as investors cashed in on recent gains. KSE-100 Index Slips After Scaling New Highs At 2:55 pm, …

PSX Surges as Bullish Trend Pushes KSE-100 Index Past 91,000

The Pakistan Stock Exchange (PSX) continued its bullish trend on Tuesday as the benchmark KSE-100 Index surged past the 91,000 level during intra-day trading. By 1:20 pm, the KSE-100 was trading at 91,334.46, gaining 1,138.95 points or 1.26%. Investors poured capital into index-heavy sectors, with significant buying activity seen in cement and banking stocks, fueling …

Gold Prices Continue to Decline

For the second day in a row, gold prices have declined in both international and local markets. In the global bullion market, the price per ounce dropped by $8, settling at $2,726. This downward trend reflects ongoing fluctuations in the precious metals market amid broader economic shifts. In local markets, the price of 24-karat gold …

Stocks Surge to New Heights Amid Positive Economic Outlook

The stocks, on Thursday, soared to an intraday high of over 88,300 points. Investors showed strong interest in rate-sensitive sectors, anticipating significant monetary policy easing from the central bank. The overall economic outlook remains upbeat, driving investor confidence. The benchmark KSE-100 index surged by 1,125.84 points, or 1.29%, reaching 88,320.37 points around 1 PM. This …

KSE-100 Index Soars Past 87,000 Points at Pakistan Stock Exchange

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 …

PSX Hits All-Time High Amid Post-26th Amendment Gains

KARACHI: The Pakistan Stock Exchange (PSX) surged to a new all-time high on Tuesday, driven by strong post-26th Amendment gains. The KSE-100 index rose 409 points, or 0.48%, to close at 86,466, surpassing yesterday’s close of 86,057. Early in the day, the index reached a new peak, climbing 798 points to 86,846 during intraday trading. …

PSX Crosses PKR 1 Trillion Mark in GoP Ijarah Sukuk Issuance

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 …

Globe Residency REIT: First Listed Developmental REIT at PSX

Karachi: Globe Residency REIT (GRR) was listed at the Pakistan Stock Exchange on Wednesday by Arif Habib Dolmen REIT Management Limited at a Gong Ceremony, making it Pakistan’s first listed Developmental Real Estate Investment Trust (REIT). Minister for Finance, Senator Ishaq Dar was the Chief Guest on the occasion. Arif Habib, Chairman, Arif Habib Dolmen …

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