KSE-100 index gains 876 points amid cut in policy rate

KSE-100 index gains 876 points amid cut in policy rate

The Pakistan Stock Exchange opened the week with renewed momentum, extending the bullish momentum carried over from last week. Investor sentiment remained upbeat as market participants positioned themselves ahead of the Monetary Policy Committee decision. The sentiment was largely driven by a sustained buying interest in energy stocks, alongside optimism surrounding expectation that the MPC would announce a considerable cut in interest rate that…

PSX soars to record high after 876-point surge

The Pakistan Stock Exchange (PSX) ended Monday’s trading session at a historic peak, as strong buying interest lifted the benchmark index to a new all-time high. The KSE-100 Index closed at 170,741 points, gaining 876 points during the session. The market remained firmly positive throughout the day, touching an intraday high of 171,001 points and a low of 170,292 points, reflecting sustained investor confidence. Heavyweight stocks played a major…

PSX witnesses bullish trend, gains 877 points

The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Monday witnessed bullish momentum, gaining 876.82 points, a positive change of 0.52 percent, to close at 170,741.35 points compared to 169,864.53 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume of 905.685 million shares with a traded value of Rs47.718 billion, against 873.031 million shares valuing Rs40.8…

Pakistan Stock Exchange Hits Record High, Surpasses 170,862 Mark

The Pakistan Stock Exchange (PSX) recorded a strong trading session as the KSE-100 Index reached a new all-time high, showing rising investor confidence and positive market sentiment. The market opened the week on a positive note, with buyers actively participating from the start of the session. During early trading, the KSE-100 Index jumped by 997 points and touched a record level of 170,862 points, the highest in the history of the stock marke…

PSX Hits Record High as Rupee Strengthens Against Dollar - THE DESTINATION

ISLAMABAD: The Pakistan Stock Exchange created history on the first day of the business week as the benchmark index reached its highest-ever level, while the US dollar also weakened against the Pakistani rupee in the exchange market. During early trading, strong bullish momentum was witnessed, with the 100 Index surging by 997 points to reach […] The post PSX Hits Record High as Rupee Strengthens Against Dollar appeared first on THE DESTINATION.

KSE-100 settles at new all-time high as SBP cuts policy rate

Bullish momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index closing at a new all-time high amid a gain of over 800 points. Buying interest was observed throughout the trading session, pushing the benchmark index to an intra-day high of 171,001.71. At close, the KSE-100 settled at 170,741.34, an increase of 876.82 points or 0.52%. The increase reflected “sustained investor confidence and an improving marke…