The Pakistan Stock Exchange has ordered mandatory share buybacks for three listed companies after their failure to clear outstanding financial obligations. The decision affects Haseeb Waqas Sugar Mills Limited, Dadabhoy Construction Technology Limited, and Imperial Limited. According to the exchange, majority shareholders of these firms will be required to provide an exit mechanism for minority […]
K-Electric Limited has announced the appointment of Shaheryar Chishti as the new Chairman of its Board of Directors, marking a significant leadership transition for one of Pakistan’s largest power utilities. The development was formally communicated to the Pakistan Stock Exchange through an official notification on Wednesday. According to the filing, the decision was finalized during […]
The Pakistan Stock Exchange witnessed an unprecedented rally as the KSE-100 index surged by 14,137 points, marking its highest single-day increase in history. Investor sentiment soared following reports of Pakistan’s role in mediating peace talks between the United States and Iran. The index closed at 165,811 points, up 9.32 percent from the previous session’s 151,673 […]
The Pakistan National Shipping Corporation has strengthened its maritime capabilities with the induction of a new Aframax tanker into its managed fleet. The development was disclosed through a formal stock filing submitted to the Pakistan Stock Exchange, reflecting the corporation’s continued focus on expanding capacity in the oil transportation segment. According to the filing, the […]
The Pakistan Stock Exchange (PSX) closed at a new all-time high on Tuesday, with the benchmark KSE-100 index decisively crossing the historic 185,000 milestone after a powerful bullish session. The index gained more than 2,600 points by the close, reflecting strong investor confidence and sustained buying interest across key sectors. During intraday trading, the market […]
The Pakistan Stock Exchange (PSX) began the New Year on a strong footing, closing at a fresh record high as bullish sentiment dominated the market. Aggressive buying activity, particularly from local mutual funds, set the pace for a decisive upward move, reflecting renewed investor confidence. Market participants remained optimistic ahead of the State Bank of […]
The Pakistan Stock Exchange (PSX) continued its upward momentum as the benchmark KSE-100 Index surged past the 168,000-point barrier, reflecting renewed confidence from investors and sustained buying across leading sectors. Market sentiment remained strong throughout the session, supported by improved economic indicators and healthy corporate earnings guidance. According to market analysts, fresh buying interest was […]
The Pakistan Stock Exchange (PSX) witnessed a sharp and unexpected downturn on Monday as the KSE-100 Index plunged by more than 4,100 points during intraday trading. The sell-off was triggered by heightened geopolitical tensions and heavy institutional selling, sparking panic across the trading floor. The benchmark index dropped by 4,238 points, reaching 158,860, one of […]
In the world of investing, the Pakistan Stock Exchange (PSX) holds a significant place for those interested in the Pakistani stock market. With its rich history and diverse range of stocks, the PSX provides ample opportunities for traders to capitalize on various sectors and industries. However, like any stock exchange, navigating the PSX requires knowledge, […]
The Pakistani Rupee has finally gone up on Tuesday after facing severe pressure against the US Dollar on Monday. According to market data, the local currency was trading at Rs. 296.75 against the US Dollar after an increase of 38 paisas. On Monday, the closing interbank rate was Rs 297.13.
Good news coming from the Pakistan Stock Exchange (PSX) as it rises above 49,000 points in the early hours of Thursday. The KSE-100 index managed to gain 578.13 points as compared to yesterday’s closing points of 48,764.55 and reached 49,342.68 points today morning. Arif Habib Corporation took to Twitter and mentioned that the KSE-100 index […]
