A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP Positive macroeconomic indicators are fueling the record market rally. This is the third highest point gain ever for the KSE-100 index. Successive rate cuts push investors from bonds to stocks. The stock … Read more
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
Stock brokers answer phone calls and monitor stock prices on their computers during a trading session at PSX, December 4, 2024. — APP The stock market continued its climb to cross the 108,000 point mark on Thursday, driven by a buying frenzy, growing anticipation of a substantial cut in interest rates at the Bank’s next … Read more
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
A stockbroker takes a photo with his mobile phone after the Pakistan Stock Exchange made history by surpassing the 100,000 mark, November 28, 2024. — INP Investor optimism is attributed to rising foreign exchange reserves. The banking sector continues its upward momentum, closing up 1.8%. The government’s unwavering commitment to reforms has also boosted confidence. … Read more
Brokers monitor the latest stock prices at the Pakistan Stock Exchange (PSE) in Karachi, July 3, 2023. — AFP Despite the political noise and economic worries that make headlines every other day, the Pakistan Stock Exchange (PSX) broke all previous records and touched an all-time high of over 100,000 points on Thursday. The PSX’s benchmark … Read more
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
Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Monday, November 25, 2024. — PPI Macroeconomic fundamentals fail to compensate for political nervousness. The PTI protests and unrest are weighing heavily on investor confidence. The KSE-100 index fell 3,899.19 points at the session low. On Tuesday, stocks experienced a stormy session, … Read more
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