Pakistan Stock Exchange Achieves Historic Milestone as KSE-100 Surpasses 90,000 Points In an exciting moment for Pakistan’s financial sector, the Pakistan Stock Exchange (PSX) reached unprecedented heights on Friday as the KSE-100 index crossed the 90,000-point mark in intra-day trading. This historic achievement reflects robust investor confidence and optimism, fueled by ongoing economic reforms, strategic […]
Tag: Pakistan Stock Exchange
PSX REACHES NEW HIGH AS KSE-100 RALLY CONTINUES
The Pakistan Stock Exchange (PSX) reached a new all-time high as the KSE-100 Index surged by 588 points, hitting 82,800. This bullish momentum was driven by the anticipated approval of a $7 billion IMF loan and positive remarks from Prime Minister Shehbaz Sharif, boosting investor confidence. Key contributors to the rally included strong international stock […]
PSX RALLIES AFTER EARLY SELL-OFF: INVESTORS TURN THE TIDE
KARACHI: Investor sell-offs put some initial pressure on the Pakistan Stock Exchange (PSX) last week, but as good economic news came to pass, the market recovered. A significant decision was made by the State Bank of Pakistan (SBP), which lowered its policy rate by 200 basis points to 17.5%, a level not seen since April […]
MAKING USE OF RECENT ACHIEVEMENTS TO QUICKEN REFORMS AND EXPANSION
ISLAMABADPakistan’s inflation rate has dropped to 9.6%, which is a noteworthy accomplishment as it is the lowest it has been in three years. This is a reduction of 65% from August 2023. It is anticipated that this will lead to several economic advantages, including increased purchasing power for consumers, stabilised company expenses, and better government […]