The Pakistani Stock Exchange (PSX) witnessed a positive transformation on Thursday, with the rise of the KSE-100 index by 1.7 %, or 1850 points, amid expectations that may cool the tensions between Pakistan and India. According to the PSX website, the market was opened with a positive note, where the standard indicator of indicators is … Read more
IslamabadThe Pakistani Banks Association (PBA) has announced plans to create an indicator of small and medium -sized institutions (SMES) during the next year, designed to provide a standard for the financial sector and help in increasing access to financing for small and medium -sized companies across a country. Mir Nejib UR Rehman, PBA, participated in … Read more
Most of the stock markets in the Gulf opened a decrease on Wednesday due to the profits of dull companies, although the Saudi index rose on strong gains by Al -Raji Bank. Dubai’s main stock index decreased by 1 %, as it decreased by 8.6 % in senior UAE lenders NBD (ENBD), in its course … Read more
New York: The tech-heavy Nasdaq fell early Monday, as traders on Wall Street and other global stock exchanges reacted to the emergence of a low-cost Chinese artificial intelligence project that appears to have bypassed American companies. DeepSeek, developed by a startup company based in the eastern Chinese city of Hangzhou, has demonstrated the ability to … Read more
The Pakistan Stock Exchange (PSX) ended the week on a higher note, with the benchmark KSE-100 index rising 1,435.34 points or 1.26%, ending Friday’s session at 115,272.08. The index witnessed an intraday high of 115,356.12 and a low of 113,571.95, reflecting increased investor activity amid political and economic developments. The market started cautiously as participants … Read more
The Kuwait Stock Exchange 100 Index ended Friday’s trading session on a positive note, rising 609.03 points, or 0.54%, to close at 113,247.29 points. The index traded within a wide intraday range at 1,540.48 points, peaked at 113,554.07 (+915.81) and fell to a low of 112,013.59 (-624.67). A total of 216.22 million shares were traded … Read more
The KSE-100 index of the Pakistan Stock Exchange (PSX) is expected to maintain its upward momentum in 2025, driven by low single-digit interest rates. According to AKD Securities, the index is expected to register a strong return of 55.5% next year, supported by strong profitability in the fertilizer sector, improving sustainable return on equity (ROE) … Read more
Dubai’s main stock index reached its highest level in more than a decade on Wednesday, rising 0.1% to close at 5,084 points, its highest level in 10 years and three months. Other Gulf markets were weak as investors expected smaller interest rate cuts by the US Federal Reserve next year. Emirates NBD Bank shares gained … Read more
KARACHI: The Pakistan Banks Association (PBA), in collaboration with Ipsos and Reenergia, officially signed an agreement today to develop the SME Environment and Performance Index (SEPI). The index will provide valuable insights into the performance and business environment of SMEs in Pakistan. This cooperation aims to promote greater financial inclusion, enhance the sustainability of SMEs, … Read more
The KSE-100, the benchmark index of the Pakistan Stock Exchange (PSX), is expected to continue its upward trajectory in calendar year 2025 (CY25), with an expected return of 55.5% (49% in USD), driven by lower interest rates and improving macroeconomic stability. , according to a report by AKD Securities. The index is expected to reach … Read more