PSX crosses 56,000 points as rupee continues downward trend – Wajobz

PSX crosses 56,000 points as rupee continues downward trend – Wajobz

KARACHI: The Pakistan Stock Exchange (PSX) surpassed another milestone of 56,000 points to reach a new all-time high, extending the record-making spree on Monday. At the same time, the Pakistani rupee dropped to a six-week low of Rs288 against the US dollar in the inter-bank market due to an increase in demand for the greenback. … Read more

PSX hits new milestone as KSE-100 index jumps past 55,000 mark – Wajobz

PSX hits new milestone as KSE-100 index jumps past 55,000 mark – Wajobz

A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP KSE-100 index closes at 55,391.36 points. The index gained 1129.94 points or 2.08%. It reached intraday high of 55,506.32 points. KARACHI: The Pakistan Stock Exchange (PSX) started the day on a … Read more

In a first, PSX crosses 55,000-point barrier – Wajobz

In a first, PSX crosses 55,000-point barrier – Wajobz

KARACHI: In a record-breaking spree, the Pakistan Stock Exchange (PSX) touched a new peak above the 55,000-point barrier in the outgoing week as investors built extensive positions in attractive sectors in anticipation of a favourable outcome of the first review talks with the International Monetary Fund (IMF). Market players also took cue from a fall … Read more

Market watch: PSX hits new high, crosses 55k – Wajobz

PSX crosses 56,000 points as rupee continues downward trend – Wajobz

Pakistan Stock Exchange (PSX) on Friday skyrocketed to a new record high as it crossed the 55,000 milestone in the backdrop of technical review talks with the IMF and due to a reduction in bond yields and an increase in remittances. In the morning, trading began at the intra-day low of 54,371.74 points when the … Read more