A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI The market opens with a sharp decline of 600 points due to political concerns. Positive macroeconomics, IMF optimism and falling bond yields are driving an uptrend. October C/A surplus of $349 million; reserves at a 2-year … Read more
Brokers monitor an index showing the latest stock prices at the Pakistan Stock Exchange in Karachi on January 26, 2023. — AFP The Pakistan Stock Exchange (PSX) soared over 900 points on Friday, buoyed by persistent macroeconomic outlook, extending its record streak. The PSX’s benchmark KSE-100 index jumped 1,060.06 points or 1.09 percent to 98,388.45 … Read more
A stockbroker attends a trading session at the Pakistan Stock Exchange (PSX) in Karachi on July 31, 2023. — AFP A $349 million current account surplus boosts morale. The lowest bond yields in several years are driving the market recovery. Banking, fertilizers and automobiles in the spotlight. The capital market saw a massive rebound on … Read more
A stockbroker monitors stock prices during a trading session at PSX in Karachi on July 31, 2023. — AFP Investors booked profits after a strong annual rally. The November 24 protest call and security unrest have hurt sentiment. Cement, banking and power sectors are witnessing buying activity. Stocks saw wild swings Wednesday, ending a prolonged … Read more
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 Investors supported by macroeconomic strength. The telecommunications, banking and energy sectors are generating gains. Hascol, Waves and TPL Properties are the most actively traded. The capital market continued … Read more
A stockbroker monitors stock prices during a trading session at PSX in Karachi on July 31, 2023. — AFP The winning streak continues on hopes of stability. Investors applaud reports of unlikely mini-budget. Blue-chip banking stocks remain in the spotlight. Stocks extended their winning streak on Friday, hitting a new all-time high after briefly breaching … Read more
A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP Stocks hit a new all-time high above the 94,200 mark on Thursday amid high expectations of a soft landing for the economy, following reports that the International Monetary Fund (IMF ) would … Read more