PSX gains momentum, crosses 118,000 mark as inflation slows Blogging Sole

PSX gains momentum, crosses 118,000 mark as inflation slows

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The capital market continued its bullish momentum during the second trading session of the New Year, crossing the 118,000 point mark for the first time in history. This recovery was driven by falling inflation, strengthening macroeconomic … Read more

In a first, PSX crosses 109,000 on stable macroeconomic indicators Blogging Sole

In a first, PSX crosses 109,000 on stable macroeconomic indicators

 Blogging Sole

A man uses a mobile phone to take a photo of the electronic board displaying stock prices during trading at the Pakistan Stock Exchange in Karachi. — AFP/File The KSE-100 index hit an intraday high of 109,478.08 points. The benchmark index crossed the 100,000 mark seven days ago. The rally continues after the refinancing of … Read more

PSX crosses 104,500 mark as cooling inflation fuels rate cut optimism. Blogging Sole

PSX crosses 104,500 mark as cooling inflation fuels rate cut optimism.

 Blogging Sole

A stockbroker attends a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The rally progresses as investors gorge themselves on valuations. Analysts predict sustained growth with stabilized policies. November inflation figures exceeded official market forecasts. Stocks continued their explosive upward momentum Tuesday, building on Monday’s record gains … Read more

Bitcoin Crosses $96,000 for the First Time on Optimism Over Trump’s Crypto Agenda Blogging Sole

Bitcoin Crosses ,000 for the First Time on Optimism Over Trump’s Crypto Agenda

 Blogging Sole

The representation of the cryptocurrency Bitcoin is seen in this illustration taken on January 11, 2024. — Reuters Bitcoin has doubled this year. Up 40% since the US elections. Crypto-related stocks are soaring. Bitcoin’s march toward $100,000 advanced further on Thursday as investors bet that a more friendly U.S. regulatory approach to cryptocurrencies under President-elect … Read more