PSX jumps 1,435 points on ‘policy clarity’ and strong economic data Blogging Sole

PSX jumps 1,435 points on ‘policy clarity’ and strong economic data

 Blogging Sole

Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The KSE-100 index jumped 1.26% to close at 115,272.08 points. Analyst says market traded higher after ruling in £190m case. According to him, the current account surplus also helped to boost investor morale. … Read more

The KSE-100 soars 84% ​​during 2024 and ends the last trading session with a drop of 132 points Blogging Sole

The KSE-100 soars 84% ​​during 2024 and ends the last trading session with a drop of 132 points

 Blogging Sole

A broker talks on the phone as he looks at an index showing the latest stock prices at the PSX in Karachi on February 10, 2023. — AFP PSX’s KSE-100 Index declined by 0.11% in the final session of 2024. The analyst sees security unrest and foreign capital outflows behind a downward trend. During CY24, … Read more

PSX falls more than 1,500 points amid profit-taking Blogging Sole

PSX falls more than 1,500 points amid profit-taking

 Blogging Sole

The stock market was turbulent on Tuesday as investors remained cautious after recent volatility and optimism over improving macroeconomic indicators. The market started well thanks to political stability and supportive monetary policies, then oscillated with the appearance of profit-taking. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index initially rose 1,112.08 points, or 0.98 percent, to … Read more

Pakistan’s consumer confidence index rises 0.8 points to three-year high Blogging Sole

Pakistan’s consumer confidence index rises 0.8 points to three-year high

 Blogging Sole

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

SBP cuts policy rate by 200 basis points as inflation continues to fall Blogging Sole

SBP cuts policy rate by 200 basis points as inflation continues to fall

 Blogging Sole

A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at its headquarters in Karachi, Pakistan, July 16, 2019. — Reuters SBP cuts policy rate to 13% in today’s meeting. The consumer price index for November stood at 4.9%. This brings total cuts to 900 basis points since June. and … Read more

PSX rebounds to close below 115,000 points after roller coaster session Blogging Sole

PSX rebounds to close below 115,000 points after roller coaster session

 Blogging Sole

A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP The capital market experienced an up-and-down session on Friday, with the KSE-100 index surpassing the all-time mark of 115,000 points for the first time in early trading before falling back as investors … Read more

Policy rate likely to be cut by 200 basis points in next MPC, experts say Blogging Sole

Policy rate likely to be cut by 200 basis points in next MPC, experts say

 Blogging Sole

State Bank of Pakistan building in this undated image. — AFP/File The SBP has cut interest rates four times in a row since June. The CPI for November stood at 4.9%, well below the general market consensus. 71% of survey participants expect a minimum rate cut of 200 basis points by the SBP. The State … Read more

KSE-100 Index Traces Unprecedented Territorial Powers Beyond 102,000 Points Blogging Sole

KSE-100 Index Traces Unprecedented Territorial Powers Beyond 102,000 Points

 Blogging Sole

Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, November 28, 2024. — PPI The capital market started the week on a positive note, driven by a combination of improving economic indicators, strong corporate earnings and solid investor confidence. The market is now in an all-time high, reflecting optimism surrounding … Read more

PSX exceeds 100,000 points and sets a new record Blogging Sole

PSX exceeds 100,000 points and sets a new record

 Blogging Sole

A stockbroker reacts while monitoring the market on the electronic board displaying stock prices during a trading session at the PSX, in Karachi, July 3, 2023. — Reuters The Pakistan Stock Exchange (PSX) surpassed the 100,000 point mark on Thursday, marking a historic high and reflecting strong investor confidence, driven by positive economic indicators. The … Read more