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
October 19, 2024, 9:46 p.m. ET Lionel Messi scored a stunning 11-minute hat trick to help Inter Miami break the Major League Soccer record for most points in a single season, after beating the New England Revolution 6-2 on Saturday at Chase Stadium in Fort Lauderdale, Florida. Miami concluded the MLS regular season with 74 … Read more
A trader monitors the electronic trading board on the floor of the Pakistan Stock Exchange. – Reuters/File The Pakistan Stock Exchange (PSX) started the week on a strong note, with the market rising over 700 points during trading during Monday, supported by political certainty. In recent days, there has been much discussion about the constitutional … Read more