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

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

PSX starts the week strong, boosted by macroeconomic stability Blogging Sole

PSX starts the week strong, boosted by macroeconomic stability

 Blogging Sole

A trader monitors stock prices at the Pakistan Stock Exchange in Karachi, Thursday, December 5, 2024. — INP The capital market started the week on a positive note due to improving investor confidence and a bullish-friendly macroeconomic backdrop. Factors such as optimism about economic recovery, reduced geopolitical tensions and accommodative monetary policies pushed the market … Read more

PSX soars 78% in 2024 and secures second place in the world: report Blogging Sole

PSX soars 78% in 2024 and secures second place in the world: report

 Blogging Sole

Two investors can be seen chatting in front of the digital stock board of the Pakistan Stock Exchange. — AFP/File PSX’s market cap remains at $50 billion despite the rebound. The decline is due to the devaluation of the rupee and large dividend payments. It could maintain a positive recovery if political stability continues. KARACHI: … Read more

The PSX recovers after two days of decline and gains momentum Blogging Sole

The PSX recovers after two days of decline and gains momentum

 Blogging Sole

A stockbroker attends a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP The capital market rebounded on Friday, after two consecutive sessions of losses, signaling renewed investor confidence. Fresh buying momentum emerged as investors took advantage of value opportunities following a prolonged period of sell-off. The Pakistan … Read more

Bears dominate on PSX amid profit-taking and year-end sell-off Blogging Sole

Bears dominate on PSX amid profit-taking and year-end sell-off

 Blogging Sole

Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Wednesday, November 27, 2024. — PPI The KSE-100 index slipped to the intraday low of 109,858.88. The decrease reflects the impact of portfolio adjustments at the end of the year. Rupee weakness and foreign capital outflows contributed to downtrend: analyst. The capital … 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

PSX advances as calm reigns on the political front Blogging Sole

PSX advances as calm reigns on the political front

 Blogging Sole

Stock brokers monitor news on a television screen at a stall, during a trading session at the Pakistan Stock Exchange, in Karachi, July 3, 2023. — Reuters The Pakistan Stock Exchange (PSX) started the week on a high note, jumping more than 4,000 points as political calm returned after a period of increased unrest. The … Read more

The PSX is recovering thanks to attractive valuations Blogging Sole

The PSX is recovering thanks to attractive valuations

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 18, 2024. — PPI The stock market rebounded on Friday, recovering from the previous day’s historic losses, as investors took advantage of attractive valuations and positive economic indicators. Renewed optimism about market stability has led to a sharp increase in … Read more

PSX extends losses amid concerns over profit-taking and foreign capital outflows Blogging Sole

PSX extends losses amid concerns over profit-taking and foreign capital outflows

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 11, 2024. — PPI The capital market remained under intense selling pressure on Thursday, continuing its decline from the previous day due to aggressive profit-taking and cautious investor sentiment due to concerns over foreign capital outflows . The Pakistan Stock … Read more