A stock broker monitors stock prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP Circulation remains strong, with 587 million notes in circulation. Systems, Lucky, Cherat, Hubco, Engro, are among the top performers. Analysts say Qatar and Saudi Arabia’s investment pledges have boosted sentiment. Stocks … Read more
A broker talks on the phone as he looks at an indicator board displaying the latest stock prices at the PSX Stock Exchange in Karachi on February 10, 2023. — AFP The market is abuzz with speculation of interest rate cuts of up to 200 basis points. Improving macroeconomic indicators lead to a higher earnings … Read more
Brokers use their mobile phones as they stand in front of an electronic board displaying stock market prices during a trading session at the PSX halls in Karachi, on June 12, 2017. — Reuters The impressive performance reflects CYTD’s 41% gain in 2024, AHL says. Analysts say PSX is now the fourth-highest-performing stock market in … Read more
Traders react to a news report on the Pakistan Stock Exchange. – Reuters/File Stocks hit a new all-time high above 86,500 on Wednesday, as earnings season reignited investor interest in index-heavy stocks, with positive sentiment stemming from the Shanghai Cooperation Organization (SCO) summit and optimism about political stability. The Pakistan Stock Exchange (PSX) KSE-100 index … Read more
Stock brokers watch news on TV in a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. – Reuters Stocks on Monday surpassed a record high of 84,900, driven by a massive rally in the energy sector and growing optimism about potential interest rate cuts, traders said. The … Read more