Pakistan Stock Exchange’s 100 Index surpassed 75,000 points. The market witnessed a 516-point increase, reaching 75,047 points. Yesterday’s positive trend continued with a 732-point surge. Today in Karachi, the Pakistan Stock Exchange (PSX) made significant strides as its 100 index crossed the coveted 75,000-point mark. This milestone reflects the growing strength and confidence in the … Read more
The Pakistan Stock Exchange (PSX) opened positively, setting a new record amid investor confidence. The KSE-100 index surged by 731.15 points, reaching an all-time high of 74,530.26 points. Talks with the IMF about a new bailout package and climate financing have begun. Karachi: The Pakistan Stock Exchange (PSX) opened the second day of the running … Read more
The PSX began the final business day of the week with notable gains, signaling a bullish trend. Friday saw sustained momentum, with the KSE-100 index reaching a robust 72,876 points. The index traded at an impressive 72,927 points, indicating a favorable outlook for the future The Pakistan Stock Exchange (PSX) initiated the final business day … Read more
The Pakistan Stock Exchange (PSX) achieved another milestone on Monday as the KSE-100 index crossed the historic 73,000 mark for the first time in the nation’s history. Early trading saw the benchmark gain 403 points, reaching 73,099, with investors responding positively amid expectations of another bailout package from the International Monetary Fund (IMF). The previous … Read more
On Wednesday, the Pakistan Stock Exchange (PSX) marked a historic milestone as the KSE-100 index surged past the 72,000 mark for the first time. The index reached 72,335 points during the early trading session, reflecting a remarkable increase of 976 points from the previous day’s closing. Market analysts attribute this bullish trend to several factors, … Read more
Pakistan Stock Exchange (PSX) sees a bullish trend on the opening day of the week, setting new records. KSE-100 index crosses 69,000 points for the first time in history during intraday trading on Monday. Index gains 597.80 points by 11:39 am, reaching 69,014.58, with hopes of further gains by market close. The trading floor at … Read more
The Pakistan Stock Exchange achieved a historic milestone by surpassing the 68,000-point. The KSE-100 index gained 473 points in the opening session, reaching an impressive 68,229 points. This reflects positive investor sentiment and confidence in Pakistan’s economic outlook. The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Thursday as the KSE-100 index crossed the … Read more
Pakistan Stock Exchange’s KSE-100 index hits a record high, surpassing the 67,100 level on Thursday. Index spikes to 67,200, marking a gain of 653 points, or 0.98%, by 10:30 a.m.. Positive investor sentiments are fueled by the government’s privatization initiatives. The Pakistan Stock Exchange’s KSE-100 index has continued its bullish trend, reaching an all-time high … Read more
The Pakistan Stock Exchange (PSX) experienced a positive trend on Wednesday, with the KSE-100 index rising above 66,000 points after gaining 500 points. The index climbed by 487.25 points during intra-day trading, reaching 66,392.52 points by 12:58 pm, and is expected to continue increasing by the market’s close. Key sectors like automobile, cement, commercial banks, … Read more
Honda Atlas Cars profits in Pakistan plunged by 82% due to a car sales slump. Sales dropped 46% in one quarter and 59% over nine months. Import restrictions and production issues also hurt earnings. According to the notification submitted to the Pakistan Stock Exchange (PSX), Honda Atlas Cars Limited (HCAR) recorded a profit after tax … Read more
KARACHI: The Government of Pakistan has announced plans to auction Islamic bonds through the Pakistan Stock Exchange, raising a substantial Rs 400 billion. The auctions are scheduled for January 24, February 21, and March 20. The offering includes Rs 100 billion worth of one-year Islamic bonds, along with fixed-rate bonds totaling Rs 150 billion for … Read more
On Tuesday, the main stock index in Pakistan, the KSE-100, went down by more than 300 points, bringing a negative atmosphere back to the Pakistan Stock Exchange (PSX) after a significant gain the day before. By the end of the day, the index settled at 64,349.60, showing a decrease of 312.18 points or 0.48%. The … Read more
ISLAMABAD, January 2: The Securities and Exchange Commission of Pakistan (SECP) held a capacity building workshop for journalists at its head office, focusing on equity trading at the Pakistan Stock Exchange, trading activity surveillance, and systemic risk. The event aimed to raise public awareness and understanding of capital markets. The SECP team explained that the … Read more
ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday said that the investors had regained confidence after the successful signing of a standby agreement with the International Monetary Fund (IMF), the execution of the annual budget 2023-24 and improvement in the fiscal and external accounts. The prime minister, addressing the ceremony marking the first auction of the … Read more
Islamabad, 7 December 2023: The Competition Commission of Pakistan (CCP) has granted approval for the merger of a listed company, M/s. First UDL Modaraba, with a public unlisted company, M/s. UDL International Limited. The merger approval will lead to the listing of the previously unlisted company on the Pakistan Stock Exchange. The merger reflects the … Read more
KARACHI: Pakistan Stock Exchange (PSX) witnessed positive trend on the last day of the business week (Friday). The PSX closed at 45753 with an increase of 103 points. A total of 317 companies’ shares were traded throughout the day Shares of 176 companies increased while shares of 107 companies decreased The highest level of the … Read more
KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) on Wednesday gained 82.53 points, a positive change of 0.18 percent, closing at 45,590.93 points against 45,508.40 points the previous trading day. A total of 102,767,509 shares valuing Rs 3.8 billion were traded during the day as compared to 126,341,546 shares valuing Rs 4.987 billion on … Read more
KARACHI: Pakistan Stock Exchange (PSX) on Thursday closed at the level of 45 thousand 757 with a decrease of 50 points. Meanwhile, on Thursday, September 7th, the exchange rate of the US dollar against the Pakistani rupee (PKR) in the open market witnessed a notable decline, dropping by five rupees to reach Rs307, compared to … Read more
The Pakistan Stock Exchange (PSX) surged past 48,000 points on Wednesday. The KSE 100 index initially fell by 167.45 points but later rebounded, reaching a peak of 48,334.54. The total number of shares traded on the Pakistan Stock Exchange decreased by 6.3% from the previous session. On Wednesday, the Pakistan Stock Exchange (PSX) surged past … Read more
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 195.91 points, a positive change of 0.41 percent, closing at 48,230.51 points against 48,034.60 points the previous trading day. A total of 556,930,694 shares were traded during the day as compared to 491,874,957 shares the previous day, whereas the … Read more
In July 2023, the PSX demonstrated exceptional performance, ranking among the world’s best-performing stock markets. The PSX’s remarkable growth of over 16% was driven by several positive developments. Average daily volumes reached 384 million shares, a remarkable 127 percent increase compared to the previous month. In July 2023, the Pakistan Stock Exchange (PSX) showed remarkable … Read more
KARACHI: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 362.53 points, a positive change of 0.79 percent, closing at 46,417.34 points against 46,054.81points the previous trading day. A total of 319,893,485 shares were traded during the day as compared to 299,076,070 shares the previous day, whereas the price … Read more
Toyota IMC halts production due to part shortage from import restrictions. Plant closed from July 21 to August 3. LC non-issuance and supply chain disruptions cause challenges. Toyota Indus Motor Company (IMC) once again suspends production due to part shortage caused by import restrictions. The assembly plant will be closed from July 21 to August … Read more
Pakistan Stock Exchange (PSX) named world’s best performing market for the second week in a row. PSX experienced significant growth, crossing 44,000-point mark with a gain of almost 2,800 points. Investor confidence driven by agreement with IMF and positive sector performances. Arif Habib Limited’s report reveals that the Pakistan Stock Exchange (PSX) had a remarkable … Read more
Agriauto Industries Ltd., a manufacturer of auto parts, announced that it would close its factory in March. Due to the current economic downturn, automakers are also suffering production shutdowns. The company also has clients in the Pakistani car industry, primarily Suzuki, Toyota, and Atlas Honda. Agriauto Industries Ltd, a manufacturer of auto parts, informed the … Read more
KARACHI: The Pakistan Stock Exchange (PSX) continued to remain positive and sequentially better volumes during Wednesday’s trading session, fuelled by the announcement that a Chinese bank has approved financing of $700 million to Pakistan, analysts said. An analyst at Pearl Securities said, according to the finance secretary of Pakistan, the International Monetary Fund (IMF) staff-level … Read more
KARACHI: The Pakistan stocks witnessed selling pressure on Tuesday prompted by delays in the government reaching an agreement with the International Monetary Fund (IMF) pertaining to the ninth review, analysts said. An analyst at Pearl Securities said downward pressure was further fuelled by the Economic Coordination Committee’s (ECC) decision to increase the gas tariffs to … Read more
KARACHI: A bullish trend continued at the Pakistan Stock Exchange (PSX) on Thursday, as the market opened in the green territory and traded healthy volumes throughout the session, analysts said. An analyst at Pearl Securities said a positive outcome was expected from the International Monetary Fund (IMF), as Finance Minister Ishaq Dar said that the … Read more
