The PSX began the week with a range-bound session today.
· The PSX began the week with a range-bound session today. The benchmark KSE-100 index opened after the budget weekend with mixed sentiments regarding the new policies announced in the…
The week concluded with a positive session at the PSX today.
· The week concluded with a positive session at the PSX today. The market opened in the green and maintained the sentiment throughout both sessions. In expectations of favourable outcomes…
Profit selling was witnessed at the PSX today
· Profit selling was witnessed at the PSX today. The benchmark KSE-100 index opened in the green but soon the jobbers took over as profit selling kept the market choppy,…
The positive trend continued at the PSX today
· The positive trend continued at the PSX today. The market opened in the green, sustaining the previous session's strong momentum as rumors about the continuation of the IMF program,…
Today’s trading session at the PSX was another success
· Today's trading session at the PSX was another success. The market opened in the green and continued to trade in the green throughout the day, courtesy of favorable news…
A positive session was recorded at the PSX to mark the start of the week today.
· A positive session was recorded at the PSX to mark the start of the week today. The benchmark KSE-100 index opened with optimistic sentiments after whispers about the positive…
PSX Performance last month and future forecasts
The stock market depicted a mixed trend in the outgoing month, closing at 41,331 level during May'23, down by 250pts / -0.6% MoM. While a robust result season and announcement…
A negative session was observed at the PSX today.
· A negative session was observed at the PSX today. The benchmark KSE-100 index began the day in green, but bulls lost control as the bears triumphed at the end…
Another productive session was recorded at the PSX today
· Another productive session was recorded at the PSX today. The market began with sustained bullish sentiments from the previous close as the bulls stayed active throughout the day. The…
The incumbent coalition government will likely get the mandate for another five years.
Pakistan is facing the worst inflationary environment in its history. The global commodity cycle post-Covid first catalysed the unabated growth in consumer prices. Then the expansionary policies provided further impetus…
A tax collection target of PkR9.2tn is reportedly being mooted.
· News reports doing the rounds indicate GoP plan to tax distributable reserves of corporates for increasing tax collection. For next year, a tax collection target of PkR9.2tn is reportedly…
The Bulls triumphed at the PSX to begin the week today.
· The bulls triumphed at the PSX to begin the week today. The market opened in the green and continued to trade with fervent sentiments as rumors of a possible…
PSX outlook for next week
Any further development on IMF front along with receiving Chinese rollover of USD$2.3bn is likely to reduce pressure on external front with reserves standing at USD$4.19bn. However, the delays in…
The PSX trading remained low due to the country’s ongoing political turmoil.
· The PSX opened with a lacklustre session, as investor participation remained low due to the country's ongoing political turmoil. However, as the session began following the break, investor activity…
Another range-bound session was recorded at the PSX today.
· Another range-bound session was recorded today at the PSX. The day began with favourable sentiments regarding the news for the renewal of the IMF program, reaching an intraday high…
The PSX witnessed a mixed session today
· The PSX witnessed a mixed session today. The market opened in the green but the index swung both ways considering the political unrest in the state. Investors participation remained…
A negative session was witnessed at the PSX on the back of political unrest and IMF issue
· A negative session was witnessed at the PSX to mark the start of the week. The benchmark KSE-100 index opened in the negative due to the country's political uncertainties…
PSX’s performance last week and the IMF issue
The market opened positively after IMF Resident Representative dismissed rumours that Pakistan needs to raise USD 8bn instead of USD 6bn, to finance the external debt repayments. Moreover, political tensions…
The week closed off in green at the PSX today
· The week closed off in green at the PSX today. The opening session was volatile as investors remained cautious owing to the political uncertainty in the country mostly trading…
A negative session was recorded at the PSX today.
· A negative session was recorded at the PSX today. The benchmark KSE-100 index opened in the green, but momentum quickly turned as the index swayed both ways and concluded…
Recent developments in the IMF program backlash on PSX
· Today's session on the KSE-100 was range bound. The market began in the green but swung as political noise flared up and recent developments on the IMF program, with…
To begin the week, the PSX witnessed a range-bound day.
· To begin the week, the PSX witnessed a range-bound day. Following the country's prevailing political upheaval, the benchmark KSE-100 index opened in the negative zone, but managed to close…
PSX outlook for next week, with a review of last week
In a week mired with political uncertainty, the country presently needs additional financing for the successful completion of long standing 9th IMF review whereas Pakistan has assured the IMF it…
The Bulls returned to the PSX today after three consecutive depressive sessions.
· The Bulls returned to the PSX today after three consecutive depressive sessions. The market began in the green as the IMF confirmed that talks between the government and the IMF…
Political unrest continues to depress PSX today.
· Another negative session was recorded at the PSX today. The benchmark KSE-100 index opened in the red, continuing the momentum from the previous close after the arrest of the…