Govt initiates FBR restructuring
ISLAMABAD: With less than a week before the general elections, the interim government has notified an implementation committee to execute the restructuring of the Federal Board of Revenue (FBR) and has set a tight deadline of 72 hours to finalise a legal package. Chairperson of the Pakistan Stock Exchange and Sui Southern Gas Company Limited, […]
PSX plummets over 900 points
KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday witnessed a sharp decline, plummeting over 900 points during the trading session after former prime minister Imran Khan and his close aide, ex-foreign minister Shah Mahmood Qureshi, were both sentenced to 10 years in jail in the cypher case. Market analysts attributed the panic selling to concerns […]
Shares at PSX lose over 1,000 points on foreign selling ahead of MPC meeting – Business
Bears took charge of the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index lost over 1,000 points on foreign selling ahead of the Monetary Policy Committee (MPC) meeting. According to the PSX website, the KSE-100 benchmark index lost 630.11 or 0.99 per cent at 11:23am to stand at 63,182.95 from the previous […]
Shares at PSX lose over 1,000 points in intraday trade – Business
Bears took charge of the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index lost over 1,000 points during intraday trade. According to the PSX website, the KSE-100 benchmark index lost 630.11 or 0.99 per cent at 11:23am to stand at 63,182.95 from the previous close of 63,813.06. By 3:30pm, the index further […]
Shares at PSX lose over 600 points in intraday trade – Business
Bears took charge of the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index lost over 700 points in early morning trade. According to the PSX website, the KSE-100 benchmark index lost 630.11 or 0.99 per cent at 11:23am to stand at 63,182.95 from the previous close of 63,813.06. Mohammed Sohail, chief executive […]
Shares at PSX lose nearly 500 points on profit-taking – Business
Bears continued to dominate the trading floor of the Pakistan Stock Exchange (PSX) on Friday as shares traded in the red and lost nearly 500 points. According to the PSX website, the KSE-100 index closed at 63,813.06 points, down 484.94 or 0.75 per cent from the previous close of 64,298.00. After rallying for three consecutive […]
Shares at PSX lose 500 points on ‘uncertainty over circular debt’ – Business
Bears returned to the trading floor of the Pakistan Stock Exchange (PSX) on Thursday as shares traded in the red and lost more than 500 points. According to the PSX website, the KSE-100 index closed at 64,298 points, down 524.43 or 0.81 per cent, from the previous close of 64,822.43. The index had previously maintained […]
Bulls return to PSX as shares gain over 300 points – Business
The bull took charge at the Pakistan Stock Exchange (PSX) on Wednesday as shares climbed over 300 points on positive investor sentiment. According to the PSX website, at 12:04pm, the benchmark KSE-100 index climbed 512.78 points, up by 0.8 per cent, to stand at 64,967.0 from the previous close of 64,454.22. The bourse retracted marginally […]
Shares at PSX climb 500 points on circular debt settlement reports – Business
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Tuesday, gaining more than 500 points amid reports about the government’s plan to settle down circular debt. According to the PSX website, the KSE-100 index climbed 473.82, or 0.74 per cent, to stand at 64,413.23 at 12:58pm from the previous close of 63,939.41. […]
Shares at PSX climb 500 points on circular debt settlement report – Business
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Tuesday, gaining more than 500 points. According to the PSX website, the KSE-100 index climbed 473.82, or 0.74 per cent, to stand at 64,413.23 at 12:58pm from the previous close of 63,939.41. The index continued its upward trajectory and closed at 64,454.22, up […]