Budget Uncertainty Keeps PSX Restrained

Budget uncertainty keeps PSX restrained

The Pakistan Stock Exchange (PSX) closed the week on a negative note with a loss of 50 points, weighed down by growing investor anxiety ahead of the federal budget and concerns over proposed International Monetary Fund (IMF)-backed tax measures targeting exporters and industrial sectors. Friday's session reflected narrow, range-bound trading before settling slightly lower at a level above 119,100 points. Despite intra-day gains above the 120,000…

PSX Recovers From Sharp Dip Amid Budget Uncertainty

The Pakistan Stock Exchange (PSX) staged a late recovery on Friday, closing nearly flat despite early losses driven by budget concerns. Investors remained wary of potential fiscal tightening as the government prepares its upcoming budget under IMF guidance. Volatile Trading Session The KSE-100 Index opened under pressure and dropped over 400 points in early trade. It hit an intraday low of 118,742.59 as uncertainty dominated investor sentiment. …

Pakistan stocks witness range-bound session amid pre-budget uncertainty

KARACHI: In a repeat of the last session, trading remained range bound at the Pakistan Stock Exchange on Friday – the last working day the week – as the KSE-100 Index vacillated between its intraday highest gain of 389 points and a loss of 488 points. By the time trading was closed, the KSE-100 Index was recorded at 119,102, down by 0.02 per cent. "Stocks closed lower amid pre-budget uncertainty and concerns over weak exports," Ahsan Mehanti, CE…

KSE-100 closes flat after range-bound trading

The Pakistan Stock Exchange (PSX) witnessed a range-bound session on Friday, with its benchmark KSE-100 Index swayed...