US dollar appreciates in interbank market
On Wednesday US dollar appreciated against PKR in the interbank market. According to the State Bank of Pakistan, the dollar closed at Rs277.67 at the end of trading. This increases 3 paisas compared to the previous day’s closing rate of Rs277.64. In contrast, the open market saw a decrease in
Pakistan Stock Exchange surges as 100 Index hits historic high
The Pakistan Stock Exchange (PSX) witnessed a significant rally at the start of trading today, with the benchmark 100 Index reaching an all-time high. For the first time in history, the index crossed the psychological barrier of 85,000 points, recording a rise of 484 points to close at 85,433, marking
Pakistan Stock Exchange hits all-time high
The Pakistan Stock Exchange (PSX) maintained its positive trend on Tuesday, as the benchmark KSE-100 index jumped by 665.81 points, or 0.78 per cent, reaching a historic high of 85,576.10 points during intra-day trading. After starting the day on a slightly lower note, the index dipped to an intra-day low
PSX surges 764 points ahead of IMF board meeting
The Pakistan Stock Exchange’s 100 Index surged by 764.28 points, or 0.94 per cent, to close at 82,247.92 points, up from 81,483.64 points. Moreover, a total of 422,163,158 shares changed hands, increasing from 369,620,812 shares traded the previous day, with a total share value of Rs18.38 billion. Read More: Gold
KSE-100 index reaches all-time high
The Pakistan Stock Exchange (PSX) saw a significant rise today, reaching over 82,000 points for the first time in its history. The KSE-100 index opened at 80,461 points and quickly gained ground, rising by 1.57% or 1,266 points to 81,727 by 10:15 AM. By 10:30 AM, it was up by
Youm-e-Takbeer: banks, PSX to remain closed on Tuesday
WEB DESK: The State Bank of Pakistan (SBP) has announced its closure tomorrow, May 28, 2024, in observance of Youm-e-Takbeer, a public holiday declared by the Government of Pakistan. This closure extends to commercial banks across the country, as stated in a notice issued by the central bank. Earlier today,
PSX hits record high, surpasses 71,500 points
Concerns over escalating situation in Middle East have led to a cautious approach from international investors, exerting some negative pressure on the PSX.
PSX hits new milestone
In Karachi, the Pakistan Stock Exchange (PSX) achieved a significant milestone on Monday, surging past the 69,000 mark, propelled by various factors, notably stability in the economic landscape. The KSE-100 index, the benchmark indicator, recorded a substantial gain of 930.96 points or 1.36%, soaring to 69,347.74 points from its previous
PSX closes above 68,000 points, sets record high
In a final flourish, the Pakistan Stock Exchange (PSX) index surged once more before the close, ending the day on a high note.