PSX Witnesses 6,000-Point on Middle East Tensions
6 Articles
6 Articles
KSE-100 falls over 1,500 points during early trading
Pakistan’s benchmark KSE-100 index remained under pressure during early intraday trading today, slipping sharply. At 11:05am PST, the index was trading at 186,658.35 points, down 1,722.03 points, or 0.91 per cent, from its previous close of 188,380.38. The benchmark touched an intraday high of 188,923.39 points in early trade before sliding to a session low of 186,658.35. Trading activity remained subdued in the first half of the session, with v…
PSX slightly up in range-bound trading
The Pakistan Stock Exchange (PSX) on Wednesday remained highly volatile, reflected in continuous fluctuations in the benchmark KSE-100 index, which ended the session slightly higher over investor caution in the absence of major positive cues. Oil companies were in the limelight as market players closely watched developments in the volatile Middle Eastern region. However, interest remained confined to selective stocks. The market also saw profit-…
PSX plunges over 6,000 points amid selling pressure
The Pakistan Stock Exchange (PSX) on Thursday witnessed selling pressure as the benchmark KSE-100 plunged over 6,000 points, fueled by the volatile geopolitical situation in the region. At close, the benchmark index settled at 182,338.12, down 6042.26 points or 3.21%. Broad-based selling pressure weighed on major sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration, power generation, and refiner…
PSX slips in early hours as KSE-100 sheds over 400 points
Selling pressure dominated early trade at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 shedding over 400 points on Thursday. At 9:45am, the benchmark index was hovering at 187,952.78, a decrease of 427.60 points or 0.23%. Selling pressure was seen in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, power generation and refinery. Index-heavy stocks, including A…
PSX bounces back with gain of over 900 points
Pakistan Stock Exchange (PSX) rebounded on Wednesday after witnessing a bearish trend in the previous trading sessions. During intraday trading, the benchmark KSE-100 index surged by over 900 points, reaching 189,183 points, compared to the previous close of 188,202.85 points, reflecting renewed buying interest in select stocks. Despite the rebound, investors remained cautious following the State Bank of Pakistan’s (SBP) decision to maintain the…
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