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Stock Market

PSX surges as KSE 100 index cross 37,000 points level

KARACHI: After a slump yesterday, the Pakistan Stock Exchange (PSX) surged on Thursday to cross the 37,000 points level in intra-day trading. The benchmark KSE 100 index surged by 322.41 points and closed at 37,001.44 points. The indices gained 110.57

PSX sees modest gains in volatile session

KARACHI: The indices at Pakistan Stock Market (PSX) witnessed ups and lows during the day on Tuesday as market forces sought to regain control of the stock exchange. The benchmark KSE 100 index gained 308.69 points to reach its intra-day

PSX surges as KSE 100 index gains 428 points

KARACHI: The Pakistan Stock Exchange (PSX) surged on the first day of the week on Monday as the KSE 100 index gained over 428 points in intra-day trading. The benchmark surged 158.03 points as trading resumed and continued on an

PSX ends week with another flat trading session

KARACHI: A range-bound session at the Pakistan Stock Exchange (PSX) ended flat on Friday as indices oscillated both ways in search of a direction. This was in sharp contrast to trading yesterday which saw the stock market reached its highest

PSX sees highest trade volume of year, crosses 36,000 points

KARACHI: The Pakistan Stock Exchange (PSX) surged on Thursday as the KSE 100 index surpassed the 36,000 points level in intra-day trading. The indices surged by 141.73 points soon after trading resumed and continued on an upward trajectory throughout the

PSX surges as KSE 100 index gains 322 points

KARACHI: The Pakistan Stock Exchange (PSX) surged on Wednesday after two days of flat and range bounding trading sessions. The benchmark KSE 100 index observed a healthy gain of 321.54 points and closed at 35,694.89 points. The indices kept from

KSE 100 index gains 170 points in range-bound session

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday observed a range-bound trading session but managed to maintain positive gains. The benchmark KSE 100 witnessed an increase of 170.58 points and closed at 35,472.35 points. The indices saw a decline in

KSE 100 index gains 151 points in flat trading session

KARACHI: The Pakistan Stock Exchange (PSX) observed a flat trading session on Monday as the indices started the day’s trading over 35,000 points level. The KSE 100 index gained 151.39 points (0.43%) and closed at 35,202.77 points. The indices started

Need for economic revival

The National Assembly has approved the Federal Budget 2020-21 presented by the PTI-led federal government. The incumbent government has not introduced any new tax in this budget, which will have a positive impact on the business community. However, due to

PSX ends flat session with positive gains

KARACHI: The Pakistan Stock Exchange (PSX) on Friday hovered within a narrow range but managed to close the last session of the week on a positive note. The benchmark KSE 100 touched its intraday high of 35,105.16 after gaining 126.98

PSX fails to regain control in flat trading session

KARACHI: The Pakistan Stock Market (PSX) failed to end the day with 35,000 points level on Thursday after a volatile session which saw the stock market with minor gains. The benchmark KSE 100 index gained 286.06 points to reach the

PSX surges as KSE 100 index gains 467 points

KARACHI: The Pakistan Stock Exchange (PSX) surged on Wednesday and continued with a positive trend since the past few days. The benchmark KSE 100 continued on an upward trajectory as trading resumed. The indices reached its highest point at 34,924.29

KSE 100 index ends month of June on positive note

KARACHI: After withstanding a terror attack yesterday, the Pakistan Stock Exchange (PSX) continued trading on Tuesday with the upward trajectory. The benchmark KSE 100 index increased by 240.12 points (0.7%) and closed on 34.421.12 points. The indices reached its lowest

CTD registers FIR of Pakistan Stock Exchange attack

KARACHI: The Counter-Terrorism Department (CTD) ha registered the First Information Report (FIR) of the terror attack on the Pakistan Stock Exchange (PSX) building. The FIR was registered at the CTD Civil Lines police station under sections of terrorism, possession of

PSX witnesses growth despite terror attack

KARACHI: The Pakistan Stock Exchange (PSX) on Monday continued to surge despite a withstanding a terror attack on the main building of the stock market in Karachi thwarted by law enforcement agencies. Armed terrorists attempted to storm the stock exchange

PSX recovers losses to end week on positive note

KARACHI: The Pakistan Stock Exchange (PSX) closed the last session of the week on a positive note recovering the losses made in the previous session. The indices moved uphill as trading resumed as positive sentiments prevailed at the exchange as

PSX ends rough trading day with minor gains

KARACHI: After the rallying to two consecutive days of the week, the Pakistan Stock Exchange (PSX) struggled to maintain control and ended the day with a minuscule gain. The benchmark KSE 100 index slipped by 76.96 points moments after trading

PSX surges to regain 34,000 points level

KARACHI: The Pakistan Stock Exchange (PSX) rallied on Tuesday for the second consecutive day as it regained the 34,000 points level. The benchmark KSE 100 index witnessed a healthy gain of 314.69 points (0.93%) as closed at 34.052.61 points. The

PSX ends on upward trend, KSE 100 index gains 299 points

KARACHI: After a disappointing run last week, the Pakistan Stock Exchange (PSX) rallied on Monday and ended the day on a positive note. The benchmark KSE 100 index witnessed a gain of 298.97 points and closed at 33,737.92 points. The

PSX drops by 100 points to end week on downward trend

KARACHI: The Pakistan Stock Exchange (PSX) on Friday continued with the declining trend of the previous session and ended the weekend on a downward trend. Indices traded within a narrow range throughout the day even global stocks saw a positive

Bears maintain control as PSX continues downward trend

KARACHI: The Pakistan Stock Exchange (PSX) plunged to the second day in a row as the stock market fail to come under control due to the dismal economic situation in the aftermath of the federal budget 2020-21. The benchmark KSE

Bears regain control as KSE 100 index drops by 170 points

KARACHI: It remains an uncertain week for the stock market as the Pakistan Stock Exchange (PSX) on Wednesday witnessed a decline in the closing hours of trading. The opening day of the week saw complete mayhem as the stock market

Normalcy returns to stock market amid budget pessimism

KARACHI: The Pakistan Stock Exchange (PSX) surged on Tuesday just a day after the stock market plunged due to the economic condition and the announcement of the federal budget. The benchmark KSE 100 index witnessed a gain of 229.37 points

Shortage of medicines

There has been a shortage of medicines in the market as the number of coronavirus cases rises rapidly across the country. The prices of vital drugs and injections used by COVID-19 patients for treatment have skyrocketed and are not available

Mayhem at PSX as KSE 100 index plummets by 786 points

KARACHI: The Pakistan Stock Exchange (PSX) witnessed mayhem on Monday with the benchmark KSE 100 index losing over 700 points after the announcement of the federal budget 2020-21 last week. The carnage at PSX comes after the dismal state of

PSX plunges by 517 points over dismal economic situation

KARACHI: The Pakistan Stock Exchange (PSX) plunged on Friday amid distressing results that the economy has received a battering due to coronavirus pandemic and will be on a long road to recovery. Finance Adviser Hafeez Shaikh presented the Economic Survey

Stock market falls flat ahead of budget session

KARACHI: Stocks traded marginally green for the most part of the day on Thursday ahead of the announcement of the Economic Survey 2019-20 and a day before the federal budget. The indices traded within a narrow range for entire session

PSX consolidates gains ahead of budget session

KARACHI: The Pakistan Stock Exchange (PSX) surged on Wednesday as it seeks to consolidate gains ahead of upcoming budget ahead for the fiscal year 2020-21.   The benchmark KSE 100 index increased by 261.48 points (0.75%) and closed at 35,065.08

Bulls reined under control as PSX ends flat session

KARACHI: The bulls at the stock market were reined in on Tuesday as the indices ended the session flat after swinging between red and green zones throughout the day. The indices took a dip within an hour into trade, volumes

Bulls dominate as KSE 100 index gains 400 points

KARACHI: Bulls at the Pakistan Stock Exchange (PSX) drove the market upwards on Monday as indices traded in green all day long while volumes improved from last session. The optimistic sentiments prevailed following ease in lockdown and opening of various