Muhammad Kashif

PSX surges to new peak in jittery week

Bullish spell driven by surging exports, foreign exchange reserves and growing expectations of another 200 basis points cut in the policy rate. Updated 06 Oct, 2024 09:45am

Stocks settle above 83,500 for first time

Foreign investors remain aggressive sellers as they offloaded shares worth $7.66m; mutual funds continue value-hunting, picking shares worth $4.70m. Published 05 Oct, 2024 06:45am

Stocks hit record 82,722 on economic optimism

KARACHI: Robust export numbers, coupled with falling cut-off yields on T-bills, fuelled economic optimism among... Published 04 Oct, 2024 07:35am

Stocks extend gains on slowing inflation

Analyst attributes gains to S&P projection of a fourth straight rate cut of 200bps. Published 03 Oct, 2024 07:53am

Stocks recover 690 points on mutual fund buying

KARACHI: Pakistani shares snapped a three-day losing streak on Tuesday as value-hunting by mutual funds helped the... Published 02 Oct, 2024 08:11am

Stocks’ retreat continues for third session

Arif Habib Corporation's Ahsan Mehanti says equity market rema­ined depressed on rising political uncertainty, massive dollar outflows. Updated 01 Oct, 2024 08:46am

Bearish week on PSX despite IMF deal

The benchmark index settled at 81,292 points after losing 782 points or 0.95pc week-on-week. Updated 29 Sep, 2024 10:52am

Stocks lose 366 points on economic concerns

Index fluctuates between day’s high of 81.842.75, low of 81,183.50; settles at 81,292.13 points. Updated 28 Sep, 2024 11:30am

Stocks falter after IMF approves $7bn loan

KARACHI: Hours after the International Monetary Fund’s executive board accorded the much-awaited approval to the... Published 27 Sep, 2024 09:14am

Stocks hit all-time high before IMF approval

Closes at the highest-ever 82,247.92 points. Updated 26 Sep, 2024 08:01am

Stocks suffer losses on eve of IMF meeting

KARACHI: On the eve of the IMF executive board’s meeting to approve the first tranche of the $7 billion new ... Published 25 Sep, 2024 08:01am

Stocks falter on mounting political tensions

Analyst says stocks tumbled on political uncertainty after SC's detailed verdict on reserved seats case. Published 24 Sep, 2024 07:17am

Robust weekly gains toss stock market to dizzying heights

Market closes at 82,074.45 points, marks increase of 2,741 points or 3.5pc week-on-week. Updated 22 Sep, 2024 10:59am

Stocks settle above 82,000 for first time

Imminent IMF deal, falling interest rates drive bull run. Updated 21 Sep, 2024 10:42am

Optimism tosses PSX above 81,000

KARACHI: A host of positive triggers kept fuelling the bull run for the fifth straight session on Thursday,... Published 20 Sep, 2024 08:34am

970-point rally tosses index above 80,000

KARACHI: Despite aggressive foreign selling, the stock market on Wednesday rallied further higher on the back of... Published 19 Sep, 2024 08:24am

Stocks rally in outgoing week on positive triggers

SBP reserves incre­ase by $30m, reaching $9.5bn; rupee appreciated 0.15pc to Rs278.2 against the US dollar. Updated 15 Sep, 2024 10:31am

Stocks make small gains despite rate cut

KARACHI: The stock market surged above the 80,000 level intraday on initial buying triggered by an interest rate cut... Updated 14 Sep, 2024 11:08am

Stocks rally ahead of interest rate cut

Analyst attributes bullish close to an expected resolution of the external financing gap for securing IMF’s board approval. Published 13 Sep, 2024 09:07am

Stocks tumble on political noise, IMF condition

Topline Securities says equity market moved in both directions as bullish, bearish forces confronted throughout session. Updated 12 Sep, 2024 07:44am