KARACHI, December 20 2024: The stock market in Pakistan displayed resilience on December 20, 2024, with the KSE 100 Index making a significant recovery after three consecutive days of declines. The benchmark index surged by 3.05%, closing at 109,513 points, as investors seized the opportunity to purchase shares during the dip, encouraged by the prevailing…
LAHORE, December 20, 2024: While taxpayers worldwide recognize the concept of a fiscal contract – the agreement between citizens and governments to pay taxes in exchange for public services – only a third believe it is effectively implemented, according to the Public Trust in Tax 2024 survey. Conducted by ACCA (the Association of Chartered Certified…
KARACHI, October 30 2024: The trading session on the Pakistan Stock Exchange (PSX) was marked by significant volatility, as the benchmark index demonstrated a dramatic range of movement, peaking at 1,008 points before settling down to a low of 860 points. Ultimately, the index closed at 90,286 points, reflecting a decline of 577 points, or…
Karachi, February 15, 2021: In a bullish start to the week, the benchmark KSE100 index closed up 567 points at 46,375 level with 486 million shares traded during the session. WTL (10.1 percent), MLCF (4.2 percent), TELE (17.8 percent), ANL (1.8 percent) and HUMNL (-5.9 percent) were top contributors to the volume. Cement sector continued…
Karachi, February 08, 2021:Market saw selling pressure at the beginning of the week, which was also observed in the last trading session when Index crossed 47K level. Profit booking was observed across the board, especially in Banks, E&P, Cement and Fertilizer sectors that kept any increase in index in check. The Index swayed positively by…