Canada Bank reduced the main policy rate by 25 basis points to 2.75 % on Wednesday, cautiously of the economic risks of the US tariff. The central bank said it will continue with caution with more prices because it balances inflation pressure from high costs against poor demand. The seventh consecutive rate of mitigation in … Read more
The KSE-100 938 index closed on Friday, as it settled at 112,800.93 with a decrease of 0.82 %, as attracting profits and weaknesses in the sector decreased. The index fluctuated within the range of 1,630 points, as it reached the highest level during the day 114444 before the decline. KSE-100 has witnessed mixed feelings throughout … Read more
After three consecutive sales pressure sessions, the Pakistani Stock Exchange (PSX) organized a strong recovery on Thursday, as the standard KSE-100 index rose to 1,719.04 points (1.54 %) to close at 113,206.40. The market remained positive throughout the session, as it touches the highest level during the day of 113,400.56 (+1,913.20) before stabilizing immediately below … 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 Pakistan Stock Exchange (PSX) continued its decline on Thursday, with the benchmark KSE-100 index losing 4,795.32 points, or 4.3%, to fall to 106,274.97 at the closing bell. The decline came on the heels of Wednesday’s historic loss of 3,790 points, as selling pressure gripped key sectors such as chemicals, commercial banks, power generation and … Read more
KARACHI: The outlook for Pakistan’s stock market remains favorable, driven by expectations of continued monetary easing and improving macroeconomic environment. “The deflationary environment, coupled with easing external financing requirements, makes the stock more attractive, especially with the market trading at a P/E of 5.0x and a DY of 10.2%,” analysts at AKD Research noted. The … Read more
KARACHI – The Pakistan Business Council said an interest rate cut of about 200 basis points on December 16 is possible, with further cuts expected in early 2025 if inflation remains under control. “This cut will bring the interest rate closer to the prevailing three-month interbank offered rate (KIBOR), which is currently around 12.5 percent,” … Read more
The Pakistan Stock Exchange (PSX) witnessed a sharp decline on Tuesday, with the KSE-100 index falling by 3,505.62 points, or 3.57%, to close at 94,574.16. The market opened on a bearish note, falling more than 600 points early in the day, as political tensions engulfed the federal capital. Intraday trading witnessed a brief spike at … Read more
The Pakistan Stock Exchange (PSX) closed lower on Wednesday, with the key KSE-100 index falling 310.21 points, or 0.32%, to settle at 95,546.45. The market witnessed a day of volatility, with the index reaching a high of 96,711.33 and a low of 95,311.97 during the trading session. The total volume of shares traded reached 565,381,751 … Read more
The KSE-100 index, Pakistan’s index of stock market performance, is expected to reach 120,010 points by December 2025, according to Arif Habib Limited (AHL)’s latest report titled ‘Pakistan Investment Strategy 2025’. This expected growth indicates a return of 27% over the next 13 months, driven by stabilizing macroeconomic fundamentals and an undervalued stock market. “Current … Read more