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, October 29 2024: The Pakistan Stock Exchange (PSX) sustained its positive momentum on October 29, 2024, with the KSE-100 index reaching an impressive intraday high of 91,358 points. The index ultimately closed at 90,864 points, marking a gain of 668 points or 0.74%. This upward trend reflects a strong continuation of the market’s bullish…
KARACHI, October 28 2024: The Initial Public Offering (IPO) market in Pakistan is experiencing a noteworthy resurgence in the calendar year 2024, bolstered by a more favourable economic climate and robust performance on the stock market, according to analysts. Key macroeconomic indicators such as a declining inflation rate, easing monetary policy, a stable currency, and…
Karachi, October 17, 2019: Pakistan equities closed Wednesday on a positive note with benchmark KSE100 Index gaining 198 points, closing at 34,281 levels, up 0.6 percent. Mixed sentiment was seen in E&Ps where POL (-1.0 percent) closed in the red, and OGDC (+1.5 percent) and PPL (+2.4 percent) closed in the green zone. In Financials,…
Funds will be utilized to increase the company’s shareholding in China Power Hub Generation Company (CPHGC) from 26 percent to 47.5 percent”. The power generation capacity of the Company will enhance to over 3580MW after completion of all its power projects. Karachi, July 04, 2018: The largest independent power producer of Pakistan, The Hub Power Company…