Stocks

Banking and fertilizer stocks pushed the KSE-100 index to the 100K level – Trendy Blogger

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Banking and fertilizer stocks pushed the KSE-100 index to the 100K level – Trendy Blogger

The market is expected to maintain a positive trajectory, supported by continued monetary easing, deflationary environment, and improving macroeconomic fundamentals, according to AKD Securities Limited. Investors are expected to focus on the upcoming inflation data and Monetary Policy Committee decision next month The Pakistan Stock Exchange (PSX) concluded the week on a strong note, with … Read more

Stocks hit a new peak as rising optimism about interest rate cuts enters a third day – Trendy Blogger

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Stocks hit a new peak as rising optimism about interest rate cuts enters a third day – Trendy Blogger

Men use their mobile phones as they stand in front of an electronic board displaying stock market prices during a trading session on the floors of the Pakistan Stock Exchange (PSX) in Karachi, on June 12, 2017. — Reuters Stocks are in a volatile state as investors go bullish on index-heavy stocks. Analysts expect a … Read more

Stocks closed at 83,000 as economic optimism increased – Trendy Blogger

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Stocks closed at 83,000 as economic optimism increased – Trendy Blogger

  A broker takes a picture of the trading screen at the Pakistan Stock Exchange. – Reuters/File After a day of flat close, stocks jumped on Thursday, testing the 83,000 resistance level as easing inflation pressures and hopes of further interest rate cuts, coupled with improving economic indicators, prompted investors to snap up high-yielding stocks. … Read more