The Pakistan Stock Exchange (PSX) was crushed by another panic-selling spree on Monday, posting its ninth-highest day-on-day (DoD) loss, as investors gasped for clarity on the country’s political and economic stability, taking total post-election losses to 4.8% or over 3,000 points in just two days, dealers said. The benchmark KSE-100 Shares Index lost 1,878 points […]
A strong start to 2024 is reflected in the recent jump in the Pakistan Stock Exchange (PSX), as evidenced by the KSE-100 index’s stunning gain of 1,580 points. The market’s upward trend in 2023, when the KSE 100 Index saw a notable turnaround and produced an astounding 55% gain in Rupee terms, is being built […]
Nike shares closed Friday up more than 15%, hitting a record intraday high; after the sneaker maker forecast full-year sales topping $50 billion; as its North American business rebounds from the lows of the coronavirus pandemic. Also, in greater China sales appear to be improving with Nike management; saying the company is confident about its ability […]
The stock market was under pressure on Monday. The first trading day of the rollover week, with the benchmark KSE-100 index falling roughly 230 points. Additionally, it has observed that Bourse falls 226 points on FATF interests as well. The market was nervous ahead of the four-day Financial Action Task Force (FATF) plenary session. It […]
