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PSX reverts to older trading system after technical glitches

KARACHI: The Pakistan Stock Exchange (PSX) has announced reverting to the previous trading system as a short-term measure after the new system encountered technical glitches. In a statement, the Pakistan Stock Exchange said it had implemented the new trading system

PSX gains 322 points to end on positive note

KARACHI: The Pakistan Stock Exchange (PSX) continued the upward trajectory for the second consecutive day on Thursday and ended the trading session on a positive note. The benchmark KSE-100 index gained 321.94 points (0.72%) and closed at 45,821.40 points. The

Swedish electric carmaker plans to go public in stock market debut

STOCKHOLM: Electric car maker Polestar, controlled by Sweden’s Volvo Cars and its Chinese owner Geely, has planned to go public in a stock market debut that could value it at around $20 billion (17 billion euros). Polestar, a European competitor

PSX drops as dollar reaches historic high

KARACHI:: The Pakistan Stock Exchange (PSX) dropped on Wednesday as the rupee depreciated to its lowest-ever value against the US dollar for the second consecutive day. The KSE-100 index dropped in early trading session and reached its lowest level of

KSE 100 index declines 510 points to lose 47,000 level

KARACHI: The Pakistan Stock Exchange (PSX) witnessed another lacklustre trading session and plunged on Thursday as it lost the 47,000 points level. The KSE-100 index witnessed a downward trajectory through the day and eventually shed 510.40 points (-1.08%). The bourse

PSX regains 242 points as bulls regain control

KARACHI: The Pakistan Stock Exchange (PSX) surged on Wednesday as it regained control after days of volatile trading sessions. The KSE 100 index surged in early trading by 255.56 points and continued an upward trajectory. It gained 476.6 points and

KSE-100 index fails to regain 48,000 points levels

KARACHI: The Pakistan Stock Market (PSX) on Wednesday ended a topsy-turvy day after it failed to regain the 48,000 points level. The KSE 100 index surged in early trading and reached its highest level of 47,980.77 points in intra-day trading.

PSX end on negative note amid worsening health crisis

KARACHI: The Pakistan Stock Market (PSX) on Wednesday ended the day on a negative note amid the worsening health situation in the country. The KSE 100 index surged in early trading and reached its highest level of 47,874.69 points in

PSX gains 206 points to end week on positive note

KARACHI: Pakistan Stock Exchange (PSX) on Friday surged by 206.07 points to end the week on a positive trajectory. The KSE 100 index surged in early trading but slipped soon afterwards, reaching its lowest point of 47,627.61 points.  It gained

PSX ends another lackslustre trading session with minor gains

KARACHI: Pakistan Stock Exchange (PSX) on Wednesday ended another lacklustre trading session and failed to make any significant gains over lack of triggers. The KSE 100 index dropped in early trading and reached its lowest level of 47,422.19 points in

Stock Market needs investigation

There is a need for investigation on the Pakistan Stock Exchange (PSX). The stock market has been topsy-turvy for the past year. Many investors became rich while others suffered catastrophes and lost their entire wealth. This is not usual at

PSX ends on positive note as stock market welcomes new fiscal year

KARACHI: Pakistan Stock Exchange (PSX) surged on Wednesday and closed on a positive note as the stock market appeared optimistic over the new fiscal year. The benchmark KSE 100 index increased by 218.25 points (0.46%) and closed at 47,356.02 points.

KSE 100 fails to retain 48,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday regained control, a day after volatile trading brought the bourse below the 48,000 points level. The benchmark KSE 100 index declined by 86.44 points (-0.18%) and closed at 47,900.70. The bourse dipped

KSE 100 index drops 151 points in lacklustre trading session

KARACHI: The Pakistan Stock Exchange (PSX) declined for the second consecutive day on Wednesday as investors resorted to dumping stocks owing to the absence of positive triggers on the bourse. The benchmark KSE 100 index declined by 151.66 points (0.31%)

PSX drops 422 points to close below 48,000 points level

KARACHI: Pakistan Stock Exchange dived on Wednesday as the benchmark KSE-100 index dropped over 400 points in intra-day trading ahead of the announcement of the federal budget. The government will release the survey report on June 10 and unveil the

PSX introduces ‘compliance calendar’ for listed companies

KARACHI: Pakistan Stock Exchange (PSX) has introduced a Compliance Calendar to consolidate applicable requirements of stock market regulations for listed companies. “PSX being the premier exchange of the country and a frontline regulator ensures and monitors the timely fiscal disclosures,

PSX increases by 506 points to regain 45,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) witnessed an upward trajectory on the first day of the week as the KSE-100 index regained the 45,000 points mark. The benchmark KSE 100 index gained 506.02 points (1.13%) and closed at 45,407.33 points.

PSX ends on positive note to regain 43,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) ended the trading session on Wednesday on a positive note despite selling pressure and modest business activity. The benchmark KSE 100 index gained 180.76 points (0.42%) in intra-day trading and ended on 43,087.70 points. 

PSX ends range-bound session on negative note

KARACHI: The Pakistan Stock Exchange (PSX) rallied in the opening hours of the trading session on Friday before declining and ending the day on a negative role. The KSE 100 index surged as trading resumed and reached the highest point

PSX sees growth as KSE 100 index ends on positive note

KARACHI: Pakistan Stock Exchange (PSX) continued to have a volatile session for the second consecutive day on Wednesday and ended on a positive note. The benchmark KSE 100 index crossed 109.35 points (0.25%) and closed at 43,360.19 points. This comes

PSX ends on positive note as KSE 100 index gains 102 points

KARACHI: The Pakistan Stock Exchange (PSX) ended a lacklustre trading session on Wednesday but managed to end the day on a positive note as indices moved in both directions until finally settling in the green. The benchmark KSE 100 index

PSX ends on downward note for second consecutive day

KARACHI: The Pakistan Stock Exchange (PSX) continued its downward trend on Tuesday for the second consecutive day and ended on a negative note. The benchmark KSE 100 index closed at 42,101.78 points after a minuscule decline of 13.53 points (-0.03%).

PSX declared better for investment than India’s Sensex

STOCKHOLM: A Swedish asset manager specialising in frontier and emerging markets has declared the performance of the Pakistan Stock Exchange (PSX) better than India’s stock market. Founder and Chief Investment Officer at Tundra Fonder, Mattias Martinsson, in a series of

PSX fails to retain 42,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday failed to retain the 42,000 points level it lost earlier this week and end the day with minuscule gains. The benchmark KSE 100 index reached its highest level of 42.023.06 points in

President Alvi expresses satisfaction over PSX’s performance

KARACHI: President Dr Arif Alvi expressed his satisfaction over the performance of the Pakistan Stock Exchange (PSX) and stressed on the potential for further growth to attract more investment. The president was addressing media after holding an interactive session with

Economy on track

Amid the upheaval caused by the coronavirus pandemic and an economic crisis, there was some welcoming news that the Pakistan Stock Exchange has been declared as the best performing market in Asia and the fourth-best in the world. This is

PSX becomes Asia’s best performing stock market

NEW YORK: The Pakistan Stock Exchange (PSX) has won the title as the best Asian stock market and has become the fourth best-performing market across the world in 2020. “Pakistan’s stock market (has become) the best performer in Asia and

PSX ends another range-bound session with minor gains

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday ended trading on a downward trend after a range-bound session. The benchmark KSE 100 index gained 236.44 points to reach its highest level of 40,424.92 points. It eventually went on a downward

PSX ends volatile trading session on downward note

KARACHI: Bears ruled the Pakistan Stock Exchange on the first trading session of the week which ended on a downward trajectory after a volatile session. Accumulating 114.67 pts the KSE 100 index touched its intraday high of 40,405.41 points. The

PSX declines as bulls lose stock market control

KARACHI: The Pakistan Stock Market (PSX) dropped on Wednesday as the market seems to be losing its bullish trend and struggles to maintain control. The benchmark KSE 100 index gained 519.45 points in early trading and crossed the 41,000 points