PSX ends lower as rate cut optimism fails to sustain early gains Blogging Sole

PSX ends lower as rate cut optimism fails to sustain early gains

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The intraday high saw the KSE-100 index peak at 115,773.39. The closing level recorded a decline to 114,495.70 points. The KSE-100 index fell 308.46 points, or -0.27%. The capital market ended in the red on Tuesday, … Read more

The PSX celebrates the new year in style with optimism about economic stability Blogging Sole

The PSX celebrates the new year in style with optimism about economic stability

 Blogging Sole

Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The capital market started the year on a positive note, supported by renewed optimism regarding economic reforms and strategic initiatives. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index climbed 1,828.19 points, or 1.59 … Read more

Stock market opens higher as anticipation of rate cut fuels optimism Blogging Sole

Stock market opens higher as anticipation of rate cut fuels optimism

 Blogging Sole

Broker busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, December 5, 2024. — PPI The stock market opened the week on a bullish note, reflecting continued optimism among investors, driven by expectations of a cut in policy rates from the State Bank of Pakistan (SBP) and improving macroeconomic indicators. Strong remittances, … Read more

Bitcoin Surpasses $100,000 on Optimism Over Trump’s Crypto-Friendly Policies Blogging Sole

Bitcoin Surpasses 0,000 on Optimism Over Trump’s Crypto-Friendly Policies

 Blogging Sole

A representation of the virtual currency Bitcoin is seen in front of a stock chart in this illustration taken on November 19, 2020. — Reuters An increase of 45% in four weeks after Trump’s victory in the American elections. Trump will nominate pro-crypto Paul Atkins as SEC chairman. The market is looking at a potential … 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 Nears $100,000 on Optimism Over Trump’s Crypto Projects Blogging Sole

Bitcoin Nears 0,000 on Optimism Over Trump’s Crypto Projects

 Blogging Sole

A representation of the cryptocurrency Bitcoin and a price chart are seen in this illustration taken October 24, 2023. — Reuters Bitcoin has doubled this year, up 40% since the US election in November. Trump, the pro-crypto Congress, has seen the regulatory clouds clear. Crypto-related stocks are rising with the price of Bitcoin. Bitcoin nearly … 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