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Posts tagged "PSX"

Mega sale at Pakistan’s stock market!

Who should invest

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March 31, 2020


PSX closes in green after partial recovery

Market experts say economic stimulus package helped traders gain confidence

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March 27, 2020


KSE100 takes investors on a roller coaster ride

Govt policies did little to stimulate recovery

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March 26, 2020


Coronavirus infects Pakistan stocks, leaving market weakest in 5 years

Some experts said that the only way was up now

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March 26, 2020


Pakistan Stock Exchange reaches 10-month high

It hit a five-year low this August

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December 13, 2019


US dollar gains 50 paisas in interbank market

The US currency closes at Rs158.95

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August 16, 2019


Stock market plunges to a four-year low

The market closed at 30,277 points

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August 7, 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


Dollar stable, hovering at Rs140

The surge in the dollar price is due to the change in our exchange rate policy

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December 20, 2018


Left to market forces, the dollar takes a roller coaster ride and falls to Rs137.5

This is after seeing its largest ever single day gain of Rs9.5 on Friday

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December 3, 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


PIA share trading suspended for 90 days

Stock market says PIA hasn’t held meeting, submitted audited accounts

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October 10, 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


Zardari aide removed as PSX chief

Hussain Lawai, a close aide of PPP leader Asif Ali Zardari, has been terminated from the office of chairman Pakistan Stock Exchange on charges of money-laundering. The Securities and Exchange Commission of Pakistan issued a notification in this regard today (Tuesday). Hussain Lawai, vice-chairperson of Summit Bank and a close friend of Zardari, was arrested…

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July 10, 2018


HBL to face penalty worth over Rs66 billion for its operations in New York

NEWS DESK: Habib Bank Ltd (HBL) is likely to face civil monetary penalty of up to Rs67 billion as the US financial regulator has issued the bank notices for its operation in New York. According to a letter written by the bank to Pakistan Stock Exchange (PSX) to intimate its members, HBL announced shutting down…

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August 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


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

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