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
The State Bank of Pakistan logo on the reception desk at the head office in Karachi, Pakistan, July 16, 2019. — Reuters The State Bank of Pakistan (SBP) on Monday cut its key interest rate by 250 basis points to 15%, the fourth straight cut as inflation remains in single digits until October. Analysts as … Read more
The Pakistan Stock Exchange (PSX) continued its upward momentum on Tuesday as the benchmark KSE-100 index rose over 1,000 points during intraday trade. According to the PSX website, the market opened higher and the KSE-100 index reached 90,904.56 points with a gain of more than 700 points. At approximately 12:00 noon, the main index was … 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