Shares at PSX rally 500 points on hopes of consensus on forming new govt – Business

Bulls returned to the Pakistan Stock Exchange (PSX) on Monday as shares gained over 500 points, with analysts attributing the rally to hopes that political parties would soon reach an agreement on forming the government. Last week, growing doubts about the formation of a new coalition government amid raging protests against alleged manipulation of election […]

PSX down 900 points as uncertainty on formation of new govt persists – Business

Shares at the Pakistan Stock Exchange (PSX) traded in the red on Friday, with stocks plunging by more than 900 points in intraday trade as analysts attributed the losses to continued uncertainty on the political front. At 12:09pm, the benchmark KSE-100 index plunged by 984.38, or 1.61 per cent, to stand at 60,035.67 from the […]

Bears drag KSE-100 down by 900 points during intraday trade – Business

Shares at the Pakistan Stock Exchange (PSX) traded in the red on Friday as stocks plunged by more than 900 points in intraday trade as analysts attributed the losses to uncertainty on the political front. At 12:09pm, the benchmark KSE-100 index plunged by 984.38, or 1.61 per cent, to stand at 60,035.67 from the previous […]

Stocks lose 1,133 points on instability fears – Business

KARACHI: Bears took over the trading floor of the Pakistan Stock Exchange on Thursday after Pakistan Tehreek-i-Insaf nominated candidates for prime minister and Punjab chief minister as it also started contacts with different parties for the formation of coalition governments. Also, the Pakistan Peoples Party’s reluctance to join Shehbaz Sharif’s cabinet despite announcing support to […]

KSE-100 index plunges 1,100 points on political ‘ambiguity’ – Business

Bears dominated the Pakistan Stock Exchange (PSX) on Thursday as shares witnessed a spike in selling pressure, with analysts attributing the losses to “ambiguity on the political landscape”. According to the PSX website, the KSE-100 index lost 936.97, or 1.51 per cent, to stand at 61,216.87 at 2:52pm. It finally closed at 61,020.05, down 1133.79 […]

KSE-100 index plunges 900 points during intraday trade – Business

Bears dominated the Pakistan Stock Exchange (PSX) on Thursday as shares witnessed a spike in selling pressure, with analysts attributing the losses to “ambiguity on the political landscape”. The KSE-1000 index lost 936.97, or 1.51 per cent, to stand at 61,216.87 at 2:52PM from the previous close of 62,153.84 points. On Wednesday, the index had […]

Skip to content