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Dollar rate rises after fluctuations in the market

Stock market improves, goes up to 3,600 points

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May 29, 2019

 

Pakistan Stock Exchange CEO Richard Morin resigns

Board of directors has accepted his resignation

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May 28, 2019

 

Pakistan Stock Exchange ends week on a positive note

An increase of 7.6% has been registered

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May 24, 2019

 
 

Pakistan Stock Exchange plunges to lowest level in three years

It dropped 550 points on Wednesday

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April 10, 2019

 

Abu Dhabi crown prince’s visit pushes the capital market to a four-week high

KSE-100 gains 1,000 points on hopes $3 billion aid will arrive soon

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January 7, 2019

 

Political developments drag the stock market down to a 10-week low

KSE-100 loses 1.8% of its value as govt places 172 names on the ECL

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December 28, 2018

 

Market nosedives as hopes of Chinese aid die down  

KSE-100 falls 2% in early trade, ending last week’s rally

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November 5, 2018

 

Stock trading continues as usual despite protests across the country

The KSE 100 lost 350 points due to profit taking, but bounced back shortly after

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October 31, 2018

 

Saudi aid helps stock market record highest gain in three-and-a-half years

The benchmark KSE-100 index rose 3.9% — its highest level since March 2015

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October 24, 2018

 

Stock market plunges to its lowest level in two-and-a-half years

$30 billion wiped out in six months as investors pull out amid economic uncertainty

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October 15, 2018

 

Bloodbath as Karachi stock market makes largest single-day drop in 14 months

KSE-100 Share index plunged 3.4% to below 38,000 points

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October 8, 2018

 

Non-filers are allowed to buy cars and properties, but ex-minister is unhappy

Ismail said the government has removed the ban for whole of Pakistan in the name of overseas Pakistanis.

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September 19, 2018

 

Sulaiman S Mehdi replaces Husain Lawai as Pakistan Stock Exchange chairperson

The Board of Directors of the Pakistan Stock Exchange appointed Sulaiman S Mehdi as new chairperson of the PSX board on Thursday. Mehdi is the CEO of Cyan Limited, an investment management company. He has previously worked at Allied Bank and PICIC bank. He has replaced former chairperson Husain Lawai, who was removed from the…

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July 19, 2018

 

As election uncertainty dies down, stock market gains almost 1,000 points

The stock market rose by 2.5% on Wednesday, gaining almost 1,000 points in a single day, after the uncertainty surrounding the election died down and global money managers issued a call to buy in to emerging markets. Market analysts attribute this to multiple factors. The uncertainty regarding the July 25 polls is fading away. As…

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July 18, 2018

 

NAB serves notice to SECP chief, PSX director in corruption case

ISLAMABAD: The National Accountability Bureau has served a notice to chairman Security Exchange Commission Pakistan and managing director of Pakistan Stock Exchange in a corruption case. The bureau had also sent a notice to Pakistan’s new Ambassador to the United States Ali Jahangir Siddiqui in the Azgard-Nine corruption scandal. Siddiqui is to assume his new…

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March 16, 2018

 

Nawaz laments current situation of the country with Ghalib verse

LONDON: Watch former Prime Minister Nawaz Sharif lament the current situation of the country with a verse from renowned poet Mirza Ghalib. Speaking exclusively to SAMAA TV, Nawaz Sharif said that after he was disqualified, the country’s progress had slowed down. “As you may have observed, the stock market has fallen from 54,000 points to…

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December 15, 2017

 

Video: Traders overjoyed as news of Nawaz’s disqualification breaks

KARACHI: Scenes from the Pakistan Stock Exchange on Friday showed jubilant traders chanting slogans after Nawaz Sharif was disqualified by the Supreme Court of Pakistan. Watch how traders at the stock market reacted to the news of Sharif’s disqualification.

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July 28, 2017

 

JIT aftershocks: Bears continue rule over PSX

KARACHI: The aftershocks of Panama Papers JIT report against Prime Minister Nawaz Sharif continued to influence Pakistan Stock Exchange (PSX) for the third consecutive day on Wednesday. According to our correspondent, the benchmark PSX-100 Index plunged 1000 points as the day’s trading commenced. Within minutes of the market opening, the benchmark KSE-100 index plunged over…

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July 12, 2017

 

A foreign investor who never lost hope in Pakistani market

ISLAMABAD: After six months of Osama Bin Laden’s killing, a foreign investor in Pakistan set up the country’s first foreign equity fund. Pakistan was again in the bad news after the killing of Al-Qaeda leader in Abbottabad. However, the Swede investor named Mattias Martinsson invested $1 million of his own money and that of his…

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June 1, 2017

 

PSX achieves another milestone

KARACHI: Morgan Stanley Capital International has upgraded the status of Pakistan Stock Exchange from Frontier Market to Emerging Market. MSCI Inc. is an American provider of equity, fixed income, hedge fund stock market indexes, and equity portfolio analysis tools. According to a notification, the MSCI Pakistan Indexes will fully converge with the MSCI Provisional Pakistan…

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May 16, 2017