Pakistani traders stand under an electronic board displaying stock prices on the Pakistan Stock Exchange (PSX). — INP/File Sentiment reinforced mainly by disinflation and improving reserves. The KSE-100 index gained 982.77 points and closed at 114,230.06. The index reached an intraday high of 114,496.08, then fell to 113,083.86. After a massive correction last week, the … Read more
Listen to the article Pakistan People’s Party (PPP) leader Shazia Marri has warned that her party may end its support to the federal government due to a lack of confidence in important decisions, stressing that if the party withdraws its support, the federal government would collapse. In a statement, PPP leader Shazia Marri reacted sharply … Read more
A man walks with bags of supplies on his shoulder to deliver them to a nearby store at a market in Karachi, June 11, 2024. — Reuters Pakistan’s Consumer Confidence Index (CCI) recorded a gain of +0.8 points, reaching its highest level in three years, according to the December Global Consumer Confidence Index (CCI) Report … Read more
The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 11, 2024. — PPI The capital market rebounded on Wednesday after Tuesday’s decline, driven by improving macroeconomic indicators and recent policy measures that boosted investor confidence. The benchmark KSE-100 index jumped 1,376.02 points, or 1.2 percent, in early trading to … Read more
A stockbroker looks at an index showing the latest stock prices on the Pakistan Stock Exchange in Karachi. — AFP/File The capital market is experiencing a recovery, gaining 1913.56 points. Rebound driven by renewed investor optimism and a fall in rates. Stocks are bullish after NSS rate cut, says analyst. The capital market saw a … Read more
French lawmakers from the far right and left came together to vote Wednesday on a motion of no confidence driven by budget disputes that forced Prime Minister Michel Barnier to resign. The National Assembly approved the motion by 331 votes. A minimum of 288 were needed. President Emmanuel Macron has insisted that he will serve … Read more