fbpx mmnews
Archive

Stock

Bears return to PSX as 100-Index sheds by 251 points

KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 251.52 points, a negative change of 0.59 percent, closing at 42,243.33 points against 42,494.85 points on the last working day. A total of 281,734,872 shares

Bulls take over PSX as 100-index gains 877.26 points

KARACHI: The Pakistan Stock Exchange (PSX) soared during Wednesday’s intraday trade as its benchmark KSE-100 index surged over 850 points after Islamabad completed the last pre-condition to revive the International Monetary Fund’s (IMF) loan programme. Encouraging financial results, rupee appreciation

PSX benchmark 100-index gains 115.65 points

KARACHI: The bears and bulls locked horns at the Pakistan Stock Exchange (PSX) on Tuesday as the KSE-100 index traded on both sides of the fence, but closed with a gain of over 100 points as players cherry-picked stocks that

PSX benchmark 100-index gains 50 points

KARACHI: The Pakistan Stock Exchange (PSX) ended the second session of the rollover week on a flat note on Tuesday, with the benchmark KSE-100 index crawling up by 50 points. The index oscillated between red and green zones as certain

KSE-100 falls below 40,000 mark, closes at 39, 831 points

KARACHI: The Pakistan Stock Exchange (PSX) remained in the grip of selling pressure on Thursday as the KSE-100 index plunged over 600 points in a tumultuous session. Political turmoil around Punjab by-polls and the chief minister’s election has instilled panic

PSX meltdown as KSE-100 index drops nearly 1,000 points

KARACHI: The Pakistan Stock Exchange reacted to growing political and economic uncertainty in the country witnessing intense selling pressure with the benchmark KSE-100 index lost 978 points on Tuesday. The KSE-100 index opened Tuesday at 41,367.11 on Tuesday morning and

Pakistan Stock Exchange falls by 112.95 points

KARACHI: The Pakistan Stock Exchange (PSX) has fallen by 112.95 points today due to uncertainty, as a result of which the 100 Index closed at 41765.62 points. The stock market witnessed a 0.27 percent decline in trading today, with 12,26,838

Pakistan stock market rises 174.75 points

KARACHI: The Pakistan Stock Exchange has returned sharply during the trading day today, with the 100 Index rising 174.75 points to 41054.68 points. The stock market witnessed an improvement of 0.43 percent during the entire trading day today with 55.761

KSE-100 suffers lowest annual drop, falls 1134 points

KARACHI: The stock market on Monday suffered one of its worst falls this year as the benchmark KSE-100 Index recorded a decline of 1,134.8 points. The KSE-100 closed at 40,879.93, a fall of 1,134.8 points or 2.7% — the lowest

PSX remains bullish ahead of budget announcement

KARACHI: The Pakistan Stock Exchange (PSX) on Thursday witnessed a bullish trend ahead of the federal budget and reports the deal with the IMF will be signed next week. The benchmark KSE-100 index gained in early trading and reaches its

Pakistan: KSE-100 shed over 15.25 points

KARACHI: The Pakistan Stock Exchange (PSE) faced uncertainty during the trading day today, with the 100 Index once again fluctuating by 15.25 points. The stock market index closed at 41553.16 points, the stock traded down 0.04% during the day and

PSX closes lacklustre session with a loss of nearly nine points

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a lacklustre session as the benchmark KSE-100 closed flat with a meagre loss of nearly nine points. The benchmark KSE-100 index opened upwards but it soon entered the red zone and started

PSX recovers 262 points on first day of trading week

KARACHI: The bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 began the week with a gain of over 250 points. The benchmark KSE-100 index opened at 41,577.21 points and at the close,

Investors lose Rs.111 billion as KSE-100 index slumps

KARACHI: A record increase in oil prices and Moody’s report about Pakistan’s credit ratings led to a massive 923 points slump in the Karachi Stock Exchange 100 index on Friday and as a result investors lost Rs. 111billion.  After another

KSE-100 plunges 518 points as market witnesses selling pressure

KARACHI: The Pakistan Stock Exchange (PSX) Thursday witnessed major selling pressure as the benchmark KSE-100 index plunged over 500 points on concerns over a possible hike in the monetary policy rate. The market opened in the red and the bears

Pakistan stock sheds over 300 points

KARACHI: The bears staged a comeback at the Pakistan Stock Exchange (PSX) market on Wednesday as the benchmark KSE-100 index experienced another round of battering and shed over 300 points. Inflation concerns arising from the reversal of subsidies shattered investor

Bullish trend at PSX, 100-index gains 38 points

KARACHI: The Pakistan Stock Exchange (PSX) came in the grip of volatility on Tuesday as the KSE-100 index gained 38 points after oscillating in red and green zones throughout the day. The market has been rallying for the past five

KSE-100 croses 43,000-point mark

KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 maintained its winning streak for a fourth consecutive session on Monday, with the index rallying to close over the 43,000-point mark after a 179.69 point gain. Lack of concrete developments, however, meant

Bears prevail in PSX as 100-index gains 529.05

KARACHI: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday. gaining 529.05 points, with a positive change of 1.26 percent, closing at 42,541.71 points against 42,012.66 points on the last working day. A total

Stock market loses 43 points after fluctuating during trading day

KARACHI: The Pakistan Stock Exchange (PSE) has recorded a decline of 43.43 points after fluctuating during the trading day. The stock market witnessed a 0.1 percent decline in trading during the day, with 82,183,370 shares traded. The 100 Index closed

PSX plummets 819 points over economic crisis

KARACHI: Pakistan’s stock market has tumbled to its lowest level since December 2020 as the government decided not to increase fuel prices. The benchmark KSE-100 index nosedived 819 points, starting the week on a negative note. The bourse plunged over

Carnage as PSX plummets by over 1,600 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed carnage on Monday as it plunged by more than 1,600 points in intra-day trading on the first day of the week. KSE-100 Index opened at 44,840.81 points but continued its downward trajectory throughout the

PSX drops below 45,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) reopened on Friday after a lengthy week-long holiday and still closed on a negative note after losing the 45,000 points level. The benchmark KSE-100 index plunged in early trading session and reached the lowest

PSX loses 283 points as bearish spell continues

KARACHI: The Pakistan Stock Exchange (PSX) continued its bearish spell on Thursday as it continued to witness selling pressure and closed in the red. The benchmark KSE-100 index plunged in early trading session and reached the lowest level of 44,656.96

PSX endures selling pressure, loses 284 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday as it endured selling pressure and eventually closed in the red. The benchmark KSE-100 index failed to regain the 46,000 points level lost a day earlier and reached

PSX falls below 46,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) failed to continue the positive momentum and declined on Tuesday as it witnessed selling pressure due to the depleting foreign reserves and economic situation. The benchmark KSE-100 surged in early trading and reached its

PSX witnesses bullish trend, gains 520 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday after a volatile week and gained 520 points. The benchmark KSE-100 surged in early trading and reached its highest point of 46,203.59 points. The bourse gained 520.23 points, with

PSX observes volatile session over lack of triggers

KARACHI: The Pakistan Stock Exchange (PSX) observed a volatile session on Friday and end on negative note due to the lack of triggers and economic challenges.  The benchmark KSE-100 surged in early trading and reached to highest point of 45,774.85

PSX ends in red over economic challenges

KARACHI: The Pakistan Stock Exchange (PSX) continued to decline for the fourth day of the week on Thursday and ended in the red due to ongoing economic challenges. The benchmark KSE-100 dropped by 290.54 (-0.63%) and closed at 45,652.62 points.

PSX loses 390 points, drops below 46,000 level

KARACHI: The Pakistan Stock Exchange (PSX) continued to slump on Wednesday for the third consecutive day and dropped below the 46,000 points level. The stock market increased in early trading and reached its highest level of 46.568.06 points. However, the