PSX Volatile: KSE-100 Hits 179,405 Then Drops to 178,424
The KSE-100 Index reached an intra-day high of 179,405.55 points before profit-taking pulled it to 178,424.19, recovering to 178,631.81 by midday on Tuesday.
The KSE-100 Index reached an intra-day high of 179,405.55 points before profit-taking pulled it to 178,424.19, recovering to 178,631.81 by midday on Tuesday.
The KSE-100 index declined 450.89 points to close at 178,471.87, erasing an early rally driven by positive Asian markets, as investors booked profits ahead of a long holiday break.
The Pakistan Stock Exchange plummeted nearly 2,500 points on Friday as optimism over an Iran-US peace deal waned and regional tensions reignited, triggering profit-taking across the board.
The Pakistan Stock Exchange saw a sharp reversal on Friday, with the KSE-100 Index plunging over 2,800 points before trading was suspended amid heavy selling and profit-taking.
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RecommendedThe PSX KSE-100 index gained 887 points on Thursday, closing at 181,398.22. Trading volume was 1.242 billion shares, with market cap rising to Rs20.246 trillion.
The Pakistan Stock Exchange extended its winning streak as the KSE-100 Index closed at a record high, driven by falling oil prices and easing geopolitical tensions.
The KSE-100 index gained 118 points to close at 180,511.02, with market cap rising to Rs20.125 trillion. Trading volume reached 1.230 billion shares worth Rs69.216 billion.
PSX benchmark KSE-100 index closed at 180,511 points, up 0.07%, as investors consolidated gains after a record-breaking rally, with cautious trading amid strong economic indicators.
The PSX benchmark KSE-100 index rose 1.89% on Tuesday, gaining 3,353 points to close at 180,393. Trading volume increased to 1.224 billion shares worth Rs70.218 billion.
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RecommendedElon Musk's net worth surpasses $1 trillion following SpaceX's IPO, making him the world's first trillionaire, with wealth exceeding the next four richest combined.
Pakistan Stock Exchange extended its rally, with KSE-100 index gaining 3,353 points to close at 180,392.98, driven by investor confidence in economic outlook and easing geopolitical tensions.
Kingdom Holding's stake in SpaceX jumped to $6.83 billion after the company's IPO, with shares closing at $160.95 on the first day, yielding an unrealized gain of $2.36 billion.
Saudi Arabia's Tadawul All Share Index gained 62.40 points to close at 11,104.42, with 199 stocks advancing and trading turnover reaching SR4.28 billion.
The Pakistan Stock Exchange extended its record rally, gaining 3,109 points to 180,149, driven by economic confidence, regional peace hopes, and lower oil prices.
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RecommendedThe Pakistan Stock Exchange (PSX) gained 1.13% week-on-week to close at 172,400 points, recovering after a volatile week that saw it slip below 170,000 points briefly, driven by eased US-Iran tensions and improved investor sentiment.
The PSX KSE-100 Index gained 2,696 points on Friday, closing at 172,399.90. Trading volume increased to 890.797 million shares with market cap rising to Rs19.120 trillion.
Pakistan Stock Exchange rallied on Friday, with KSE-100 index gaining 2,700 points to close at 172,400, driven by budget announcement and global cues.
As Pakistan's budget speech unfolds, the real story lies elsewhere: SpaceX's $1.75 trillion IPO, AI-driven inequality, and the hidden battle for economic control.
Pakistan Stock Exchange jumped 1,955 points before Friday prayers, driven by investor optimism ahead of Finance Minister Aurangzeb's budget presentation for FY2026-27.
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RecommendedThe Pakistan Stock Exchange's KSE-100 index rose 276.16 points to close at 169,703.60, with increased market capitalization and trading volume of 771.934 million shares.
Pakistan Stock Exchange closed marginally higher on Thursday, with the KSE-100 index gaining 276 points to settle at 169,703.60, driven by selective buying in banking and energy stocks ahead of the federal budget.
Market participants are split on whether Pakistan's central bank will hike rates in June, as Middle East tensions ease but oil price volatility persists.
Saudi Arabia's Tadawul All Share Index closed 1.3% higher at 11,115 points on Tuesday, with trading turnover exceeding SR7.6 billion, led by gains in insurance and ACWA Power.
Pakistan's commerce minister says government will review tobacco industry proposals on taxation and illicit trade ahead of federal budget to broaden tax base.
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RecommendedSaudi Arabia's Tadawul All Share Index fell 102.73 points to close at 11,012.64, with Gas Arabian Services Co. leading gainers, up 6.06%.
The Pakistan Stock Exchange saw renewed bullish sentiment on Thursday, with the KSE-100 Index gaining 367 points to reach 169,794.61, driven by selective buying in key sectors.
The KSE 100-index fell 903 points to close at 169,427, with market cap dropping to Rs18.848 trillion. TPL Properties led volumes.
An accountability court indicted 21 accused in the New Murree Golf City corruption reference involving Bahria Town, causing Rs152 billion loss. Hearing adjourned to June 15.
The Pakistan Stock Exchange experienced high volatility on Wednesday, with the KSE-100 index shedding 903 points to close at 169,427.44 amid geopolitical tensions and global market uncertainty.
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RecommendedThe Pakistan Stock Exchange experienced a volatile session, with the KSE-100 Index falling 903 points to close at 169,427 amid fluctuating investor sentiment.