
PSX Gains 4,640 Points Amid Budget Reforms and Easing US-Iran Tensions
The Pakistan Stock Exchange (PSX) saw a stellar performance, gaining 4,640 points, driven by positive cues from budget reforms and the easing of US-Iran tensions.
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The Pakistan Stock Exchange (PSX) saw a stellar performance, gaining 4,640 points, driven by positive cues from budget reforms and the easing of US-Iran tensions.

Investor confidence surges as budget measures, Iran-US peace breakthrough push KSE-100 index to 175,746.63 points

The Pakistan Stock Exchange (PSX) experienced significant volatility, with the KSE-100 index shedding 903 points amid wild swings and cautious sentiment following retaliatory US strikes.

The Pakistan Stock Exchange's benchmark KSE-100 index experienced a sharp rebound, gaining almost 1,600 points and crossing the 170,000 baseline to hit an intra-day high of 171,022.94.

The Pakistan Stock Exchange (PSX) experienced a significant dip of 3,500 points, with the KSE-100 shedding 2% week-on-week, attributed to stalled US-Iran talks and a surge in oil prices.

The Pakistan Stock Exchange (PSX) experienced a significant rally, with the KSE-100 Index climbing over 700 points in mid-session trade. Bullish sentiment drove the index to 170,896.59, with trading volume exceeding 115 million shares.
The KSE-100 index of the Pakistan Stock Exchange gained 421.57 points, making a slight recovery after a sharp sell-off. Trading remained cautious ahead of the upcoming budget announcement.
The Pakistan Stock Exchange experienced a notable downturn as the KSE-100 index lost over 2,000 points, with market sentiment weighed down by budgetary concerns and the absence of positive signals from the Strait of Hormuz.

The Pakistan Stock Exchange (PSX) saw a significant jump, with the KSE-100 index settling past the 173,000 level, driven by Eid festivities and a $1.1 billion deal with China involving FFC.

The Pakistan Stock Exchange's benchmark KSE-100 index saw a strong start to the week, gaining 2,800 points during early trading on Monday.

The Pakistan Stock Exchange (PSX) experienced a significant surge in early trading, with the KSE-100 Index climbing over 3,000 points to reach 168,082 on heavy trading volume.

The Pakistan Stock Exchange (PSX) experienced a strong rally, with the KSE-100 index gaining over 1,000 points, fueled by easing oil prices and a pause in Middle East tensions.
The article questions whether Phillips 66 (PSX) is among the energy stocks that significantly exceeded earnings estimates in the first quarter.

The KSE-100 index of the Pakistan Stock Exchange fell by 0.54%, shedding over 900 points, attributed to rising oil prices and broader geopolitical uncertainties.

The Trump administration's proposed multi-trillion dollar defense budget, including a costly 'Golden Dome' missile defense system, is being debated in Congress. This comes amidst ongoing concerns about the Iran conflict, its economic impact, and calls for US support for regime change.

The KSE-100 index of the Pakistan Stock Exchange experienced a sharp decline of over 1,100 points in early trading, leading to a market halt.

Both the Pakistan Stock Exchange (PSX) and the Nairobi bourse have reported significant gains, with PSX recovering over 790 points in a late-session rally.

The Pakistan Stock Exchange (PSX) experienced a sharp decline, plunging over 4,700 points in early trading. The market downturn was attributed to an oil price spike and recent interest rate hikes, with bears maintaining control.

The KSE-100 index of the Pakistan Stock Exchange experienced a decline as investors adopted a wait-and-see approach ahead of the State Bank of Pakistan's crucial monetary policy decision.
Stock markets, including the US market and Pakistan Stock Exchange (PSX), experienced declines. Analysts attributed the downturn to a "risk-off" mood and geopolitical uncertainties, particularly concerns surrounding a potential Iran war.

The Pakistan Stock Exchange (PSX) KSE-100 index plunged by over 2,750 points, hitting an intra-day low after aggressive selling and profit-taking erupted in the market.

The Pakistan Stock Exchange’s benchmark KSE-100 index gained over 2,000 points during intraday trade on Tuesday, marking a significant recovery from previous losses.

Stock markets in Greece and Pakistan experienced significant declines, with the Athens Exchange falling over 2% and the PSX plunging more than 3,000 points. The drops occurred amidst reports of new escalation in the Middle East.
PSX rises as hopes of Middle East tensions easing lift sentiment Geo News

US sanctions against Iran's oil industry have intensified tensions, particularly concerning the Strait of Hormuz, a critical shipping lane. Iran has responded with proposals for safe passage and threats against US vessels if control of the strait is challenged.

European leaders are reportedly discussing alternative plans for defense and security, including a separate joint European army, in case the United States withdraws from NATO under a potential future Trump administration.

The Pakistan Stock Exchange (KSE-100) surged, recovering significantly as investors reacted positively to diplomatic signals between the US and Iran, fostering hopes for global peace.

Trump attacks Pope Leo, calling him 'terrible' for foreign policy and 'weak' on crime; US blockade of Iranian ports to start after peace talks collapse

The Pakistan Stock Exchange (PSX) experienced strong bullish momentum, with the KSE-100 index climbing over 1,400 points.
The Pakistan Stock Exchange (PSX) recorded its highest-ever single-day gain, surging over 14,000 points in a remarkable market performance.

Iranul și-a formulat pozițiile și cererile ca răspuns la recentele propuneri de încetare a focului transmise prin intermediari, a declarat luni un purtător de cuvânt al Ministerului Afacerilor…

During a private lunch at the White House, US President Donald Trump reportedly mocked French President Emmanuel Macron and his wife, Brigitte, while also criticizing NATO allies for not engaging in a war against Iran. Trump also remarked that he could accomplish much more if he were a 'king'.

The Pakistan Stock Exchange (PSX) has experienced a strong recovery, with the KSE-100 benchmark index gaining over 1,800 points, driven by buying across key sectors and positive signals from the US. Sentiment further improved, leading to continued rises in the PSX, fueled by hopes for a Middle East deal.
Pakistan is intensifying its diplomatic efforts to de-escalate regional tensions, hosting key US-Iran mediation talks and welcoming foreign ministers from Saudi Arabia, Turkiye, and Egypt for in-depth discussions on advancing peace in the Middle East.

The Pakistan Stock Exchange's benchmark KSE-100 index witnessed a loss of over 2,000 points during intraday trading on Thursday, following a significant recovery the previous day.

The Pakistan Stock Exchange (PSX) rallied over 3,400 points amid strong buying, with the benchmark KSE-100 index holding firm above 157,000 during trading.

K-Electric (KE) has appointed Syed Taha, former PSO MD, as its new chief executive officer, replacing interim CEO Adeeb Ahmad, with the appointment confirmed by PSX and effective April 15.

The KSE-100 index of the Pakistan Stock Exchange fell 0.73% week-on-week as caution prevailed ahead of the Eid break, with a flare-up in the Middle East causing crude oil prices to soar.

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 continued its recovery on Wednesday, surging by over 3,600 points during intraday trade. The index gained 3,619.38 points, or 2.41 per cent, to stand at 153,635.54 points at 12:06pm from the previous close of 150,016.16 points. The PSX had slipped below 150,000 points on Monday as volatile conditions arising from the Middle East conflict and border tensions with Afghanistan sent investors into panic, who sold off their positions. How...
Goldman Sachs has raised its price target for Phillips 66 (PSX) to $186 from $168, citing reasons for the optimistic outlook.

G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.

KSE-100 index slips 319 points on intermittent profit-taking
PSX rallies over 6% as falling oil prices lift investor sentiment Geo News

KSE-100 tumbles over 7,000 points at open amid oil price shock and policy uncertainty

Benchmark index slips to 155,777 as investors stay on sidelines on risk-off mood

Multiple financial institutions have updated their ratings and price targets for various companies, including Wells Fargo raising Globe Life (GL) target, Bank of America downgrading Fox (FOX), KeyBanc raising Zoom (ZM) target, H.C. Wainwright raising United Therapeutics (UTHR) target, Bernstein upgrading Newmont (NEM), analysts maintaining a hold on PepsiCo (PEP), Truist raising BILL Holdings (BILL) target, Barclays reiterating a buy on Charles Schwab (SCHW), Barclays upgrading Etsy (ETSY) and Truist raising its target, Goldman Sachs cutting Pinterest (PINS) target and RBC downgrading shares, Wells Fargo maintaining a hold on Hewlett Packard Enterprise (HPE), UBS upgrading Southwest Airlines (LUV), Stifel raising Triple Flag Precious Metals (TFPM) target, Barclays raising Phillips 66 (PSX) target, and Veritas downgrading Suncor Energy (SU).

KSE-100 recovers from 3,000-point plunge before partial recovery, exchange logs fifth negative week

The KSE-100 index of the Pakistan Stock Exchange experienced a significant drop of over 1,600 points due to persistent selling pressure in key sectors like banking, energy, and cement.
PSX resumes slide as US-Iran tensions, roll-over weigh on risk appetite Geo News

The Pakistan Stock Exchange's KSE-100 index fell 3.6% week-on-week to 173,170, extending its bearish run for a second consecutive week amid relentless foreign selling.

Service Long March has listed at the Pakistan Stock Exchange, becoming the 11th IPO in fiscal year 2026, a record number in nearly two decades, with the finance minister noting the US-Iran deal's global economic significance.

The Pakistan Stock Exchange (PSX) saw a significant jump of almost 2000 points, holding steady midday amidst anticipation for a growth-oriented fiscal plan for FY27.

The benchmark KSE-100 Index on the Pakistan Stock Exchange shed 903.12 points, turning volatile amid persistent cautious sentiment following US strikes in retaliation for a helicopter downing.
Phillips 66 (PSX) is moving forward with its Zeus Gas Plant and Third Coastal Bend Fractionator projects, aiming to expand its integrated midstream capacity.

The KSE-100 index of the Pakistan Stock Exchange (PSX) dropped by 0.41%, losing 700 points to close around 170,480. Geopolitical concerns were cited as a factor weighing on market sentiment during range-bound trading.

The Pakistan Stock Exchange's benchmark index fell by 375 points, closing at 170,647, as investors became cautious and selling pressure increased.

The Pakistan Stock Exchange's KSE-100 index rebounded significantly, gaining over 800 points, driven by strong buying across banking, cement, automobile, and energy sectors after an earlier selloff.

The Pakistan Stock Exchange's KSE-100 index surged by 4%, adding 6,119 points in a holiday-shortened week, attributed in part to an extension of the US-Iran ceasefire.

The Securities and Exchange Commission of Pakistan (SECP) is exploring the implementation of swing pricing to encourage long-term equity investment in the Pakistan Stock Exchange (PSX), where only 14% of mutual funds are currently invested.

The KSE-100 index of the Pakistan Stock Exchange experienced a 0.4% decline as investors engaged in profit-taking activities before the weekend.

The Pakistan Stock Exchange (PSX) continued its bullish momentum, gaining over 1,900 points during intraday trade, with the benchmark KSE-100 index rising by 1.19 percent.

The Pakistan Stock Exchange (PSX) experienced a sharp decline of 3,791 points, driven by investor worries over oil prices and a general risk-off sentiment.

The Pakistan Stock Exchange's benchmark KSE-100 index experienced a significant drop of over 2,000 points during intraday trade, continuing a bearish trend.

The Pakistan Stock Exchange (PSX) has shown modest gains in early trading, with the KSE-100 index climbing 254 points to approach the 167,700 level.

An early rally in the KSE-100 index of the Pakistan Stock Exchange, initially driven by IMF news, fizzled out by midday as investors engaged in profit-taking amid geopolitical concerns.

The Pakistan Stock Exchange (PSX) extended its bullish run, with the KSE-100 index surging over 1,480 points and crossing the 173,000-level due to strong buying activity.

The Pakistan Stock Exchange's benchmark KSE-100 index experienced a significant surge, gaining 4,000 points during intraday trading on Monday.

Major tech companies released their latest earnings reports, with Google posting strong results. However, Meta's shares experienced a significant decline as investors reacted to the company's substantial planned investments in AI.

The KSE-100 index of the Pakistan Stock Exchange fell by 2%, shedding 3,267 points, attributed to mounting Middle East tensions and domestic energy woes.

The Pakistan Stock Exchange’s benchmark index KSE-100 continued its bearish momentum, diving over 2,700 points during intraday trade on Thursday, falling below the 170,000-mark.

The Pakistan Stock Exchange (PSX) experienced significant selling pressure, losing 1,576 points, as geopolitical risks and profit-taking in major sectors eroded investor confidence.

The Pakistan Stock Exchange (PSX) extended its gains by over 2,400 points, driven by a slide in oil prices attributed to optimism surrounding US-Iran talks.
The Pakistan Stock Exchange (PSX) experienced a decline in sentiment, attributed to escalating tensions between the US and Iran, alongside a surge in global oil prices.

European stock markets experienced a subdued trading day, with the STOXX 600 index seeing a slight decline. In contrast, the Pakistan Stock Exchange surged significantly, gaining over 2,400 points in midday trading.

KSE-100 adds nearly 2,900 points over growing investor interest

The Pakistan Stock Exchange (PSX) surged by over 4,700 points, with the benchmark KSE-100 Index crossing 170,000 within minutes of opening. This significant market uplift is attributed to an influx of Saudi funds, boosting investor sentiment.

The Pakistan Stock Exchange (PSX) has shown a significant recovery, regaining over 4,000 points during intraday trade. This rebound follows a period of heavy sell-off in the market.
Gold drops as inflation worries linger on failed US-Iran talks The Star

The KSE-100 index of the Pakistan Stock Exchange saw a mild pullback, falling 0.18 percent. This cooling off period follows a significant 9 percent surge recorded just a day prior.

Livrarea are loc în urma unei relaxări temporare a sancțiunilor impuse de SUA asupra petrolului și produselor rafinate iraniene, menită să atenueze deficitul de aprovizionare.

The Pakistan Stock Exchange (PSX) ended in the red, with the KSE-100 index slipping, as it struggles for direction amidst an oil shock and broader macroeconomic pressures.

President Donald Trump has stated that the US will conclude its attacks on Iran within two to three weeks, regardless of a deal, and emphasized that securing the Strait of Hormuz is not America's responsibility. This optimism has led to Brent oil prices falling below $100, though analysts warn that normalizing oil flows could take weeks even after a conflict resolution.

European and world stock markets, including Asian equities, are experiencing downward trends for the fifth consecutive week due to intensifying Middle East conflict, which has also caused oil prices to surge towards $117 per barrel and led to a rebound in soybean and corn prices, further fueled by fears of escalation in Iran.

The Pakistan Stock Exchange (PSX) gained over 478 points, with the KSE-100 index climbing to 153,386 amid high volume trading as investors anticipate a recovery in volatility.

KSE-100 slips to near 153,300 level on broad-based selling pressure

Global energy markets are reacting to perceived easing tensions and signs of progress in resolving the Middle East conflict, with oil prices tumbling and US stock futures climbing, impacting the broader global economy.

The Pakistan Telecommunications Authority (PTA) has granted technical approval for the merger of Telenor Pakistan and Ufone, with the Pakistan Stock Exchange (PSX) to be informed of the development.

The KSE-100 index of the Pakistan Stock Exchange has fallen below the 152,000 mark, dropping over 28,000 points, attributed to broad-based selling and profit booking by investors.

The Pakistan Stock Exchange (PSX) rebounded, with its index climbing 837 points to close above 150,000, driven by a late-session rally and blue-chip buying.

The U.S. has stated its capability to provide a reliable energy supply to the Asia-Pacific region, a commitment made as oil and gas prices have surged following recent military actions in the Middle East, reassuring the region of its energy security.
PSX mixed as oil price spike weighs sentiment, IMF talks limit downside Geo News
The Pakistan Stock Exchange (PSX) reversed an early rally and closed lower, influenced by a jump in global oil prices.

Pakistan’s benchmark KSE-100 index advanced 9,303.75 points, or 6.35 per cent, during early trading on Tuesday, triggering a temporary market halt after the sharp rally. Following the surge, trading was suspended in accordance with regulations of the Pakistan Stock Exchange (PSX), according to an official notice issued by the exchange. The notification stated that the halt was triggered after the KSE-30 index recorded a 5pc increase from the previous trading day’s close, activating the exchan...

Geopolitical tensions weigh heavy: KSE-100 plunges 3,715 points to 157,496

KSE-100 shakes off gains, dips to 155,777 amid global risk-off sentiment
Crude oil prices have risen sharply, while stocks are down, as investors weigh the fallout of the US-Israeli attacks on Iran.

The KSE-100 index of the Pakistan Stock Exchange shed 5,108 points, ending a turbulent week down by 2.9%, primarily due to war concerns and broader geopolitical fears.

Pakistan’s benchmark equity index, the KSE-100, had gained 1092.95 points as of 11:31am on Thursday, signalling a modest recovery during early intraday trading. The advance places the index 0.66 per cent above its previous close of 164,626.29 points. So far in the session, the index has touched an intraday low of 162,953.63 and a high of 165,827.14. The 2,873.51 point range reflects the elevated volatility that has persisted from earlier in the week into today’s trading. Investor sentiment re...

Despite late recovery, KSE-100 index sheds 1,433 points amid sharp swings

KSE-100 index drops 3.16% amid nervous positioning ahead of IMF review

Several stocks, including Walmart, Hims & Hers, Carvana, and Figma, are experiencing notable movements in premarket trading.

The Pakistan Stock Exchange (PSX) gained over 2800 points during intraday trade, potentially influenced by speculation surrounding a US-Iran agreement.

The KSE-100 index of the Pakistan Stock Exchange gained 367 points during its midday session, driven by selective buying.

The Pakistan Stock Exchange (PSX) has revised the auction size for its 10-year variable rental rate Islamic papers, known as Hybrid Sukuk, raising the target to Rs200 billion and rescheduling the calendar.

The Pakistan Stock Exchange (PSX) experienced a significant drop of 1,486 points, with broad-based selling in banking, energy, cement, and auto stocks leading losses amid geopolitical uncertainties.
An analysis is being conducted to determine if Phillips 66 stock (PSX) is outperforming the broader energy sector.
Investors are evaluating whether to buy Phillips 66 (PSX) stock in light of escalating tensions in the Middle East, which could impact global oil markets and refining operations.
The Pakistan Stock Exchange (PSX) is experiencing pressure due to ongoing uncertainty surrounding US-Iran relations and caution ahead of the national budget announcement.

The KSE-100 index of the Pakistan Stock Exchange surged significantly, driven by hopes for a US-Iran ceasefire and a major deal signed by FFC with China.

Ongoing talks between the US and Iran have raised hopes for a potential peace deal, but significant obstacles, particularly the nuclear issue, remain. While some reports suggest a deal is close, Iran has stated it is not imminent, and concerns about potential sabotage from Israel persist.

The Pakistan Stock Exchange (PSX) experienced a 670-point drop due to profit-taking activities ahead of the Eid holiday, with the KSE-100 closing at 167,844 points.

The Pakistan Stock Exchange experienced a modest rally, gaining 1,092 points, fueled by easing oil prices and a pause in Middle East tensions.
Phillips 66 has announced new gas processing and fractionation projects in Texas, expanding its infrastructure for energy production.

The Pakistan Stock Exchange (PSX) saw a 3.2% decline, with geopolitical uncertainty stemming from a slowdown in US-Iran peace efforts weighing on the KSE-100 index. This occurred despite domestic developments.
A market update provides information on the performance of several major company stocks, including CVS, ETN, KMB, KO, and PSX.

The Pakistan Stock Exchange (PSX) experienced significant selling pressure, with the KSE-100 index plunging over 1,400 points at market open, reflecting volatile trading conditions amidst regional uncertainty.

President Trump expressed optimism that a deal with Iran could be reached within a week, despite Tehran's skeptical response to a US proposal. Iranian officials reportedly dismissed the offer, referencing a 'Trust me Bro' operation as having failed.
Analysts have provided their insights on key energy companies, including Phillips 66, ARC Resources, and Antero Resources, detailing their perspectives on their market performance and outlook.

The Pakistan Stock Exchange (PSX) experienced a significant decline of over 1,000 points, continuing bearish momentum following a recent policy rate hike.

The Pakistan Stock Exchange (PSX) recovered 1,500 points, with the KSE-100 surging above 170k in a late-session rally, attributed to renewed diplomatic optimism following Araghchi's visit.
Phillips 66 (PSX) and Kinder Morgan are moving forward with their joint Western Gateway Pipeline Project, signaling progress in energy infrastructure development.

The Pakistan Stock Exchange (PSX) saw its gains trimmed due to profit-taking, though the index still closed in the green, supported by hopes for US-Iran talks and a $1 billion Saudi inflow.

The Pakistan Stock Exchange (PSX) began the week with a 1% slide, with the KSE-100 index losing 1,742 points, attributed to chaos in the Strait of Hormuz.

The Pakistan Stock Exchange (PSX) experienced a significant 4,000-point jump, nearing the 174,000 mark, driven by institutional buying and easing geopolitical concerns.

Pakistan has received $2 billion from Saudi Arabia, part of a larger support package, which led to a significant jump in the Pakistan Stock Exchange.
Phillips 66 (PSX) is anticipated to benefit from an increase in crack spreads.

The International Monetary Fund has lowered its global growth forecast and issued a warning about a potential worldwide recession. This outlook is largely attributed to the escalating conflict in the Middle East and its impact on energy markets.

After US-Iran negotiations collapsed in Islamabad, President Trump ordered a naval blockade of the Strait of Hormuz, threatening to eliminate Iranian ships approaching the blockade zone. NATO allies refused to join, and oil markets surged on supply fears.

The Pakistan Stock Exchange (PSX) experienced a significant 11% surge, with the KSE-100 index closing at 167,191 points, driven by optimism surrounding a potential ceasefire in the Middle East.

The KSE-100 index of the Pakistan Stock Exchange experienced a slight dip in a post-rally consolidation phase, though volume remained robust, indicating resilience amid a mild correction.

Following the US-Iran ceasefire deal and the unblocking of the Strait of Hormuz, global markets are showing significant reactions, with oil prices collapsing from $117 to $95 per barrel and stock markets soaring in Asia and Europe. Shipowners are also preparing for the reopening, with approximately 800 vessels poised to resume passage through the critical waterway.

Global stock markets, oil futures, and specific company performances are experiencing volatility, while geopolitical uncertainty rises, following developments in the Middle East conflict and former President Donald Trump's statements regarding Iran. Economic forecasts for the war and economy range from bad to much worse, and family offices are stalling deal-making due to the conflict, though megadeals continue.
PSX buoyed by hopes of near-term resolution to war Geo News

Brent crude oil prices are surging towards a four-year high amid the widening Middle East conflict and U.S. President Donald Trump's explicit statements about seizing Iran's oil, including Kharg Island's terminal. Iran's Speaker Ghalibaf has also commented on how to profit from Trump's actions, further escalating market risks and geopolitical tensions.

The Middle East conflict continues to drive global economic concerns, with Europe bracing for a supply crunch and price shock, Euro zone consumers turning gloomier, and developing Asia and Pacific facing potential inflation hikes. European shares and global stocks and bonds have slid as the crisis pushes oil prices above $105, exacerbating a war-fuelled energy crisis felt across various sectors and regions.
Raymond James has set a $205 price target for PSX, as the company's refining margins have nearly doubled.

The Pakistan Stock Exchange's benchmark KSE-100 index recovered by over 1,200 points during intraday trade, gaining 1,245.93 points to reach 153,986.30 points.
Analysts have provided their expert insights and recommendations on specific energy companies, including Phillips 66 (PSX) and LandBridge Company LLC Class A (LB).

The Pakistan Stock Exchange (PSX) experienced a significant surge, fueled by lower oil prices and a rebound in regional markets, leading to increased share buying in key sectors.

The KSE-100 index of the Pakistan Stock Exchange climbed 837.50 points, closing above 150,000, driven by a late-session rally and blue-chip buying.

Benchmark index records seventh straight negative week, shedding 3,630 points

Index hits 157,080 high and 153,504 low in wide trading range

The Pakistan Stock Exchange (PSX) saw a slight fall in range-bound trading, with the KSE-100 index losing 318 points, as investors remained cautious due to geopolitical uncertainty and mixed global cues.

Market opens for trading and records a high of 158,354.12 points, while the day’s low stands at 155,294.65 points

KSE-100 jumps 3.5% to 161,211 amid renewed investor confidence

PSX rebounds as market recovers over 2,000 points after steep slide Geo TV

The Trade and Industry Minister said in parliament that global energy prices could rise if the conflict continues.

The ongoing conflict in Afghanistan has caused the KSE-100 index on the Pakistan Stock Exchange to dip significantly, experiencing an 831-point drop after an intra-day plunge.
Phillips 66 (PSX) is focused on navigating and capitalizing on opportunities within the dynamic energy markets.

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 began another week on a low note, crashing more than 5,000 points during intraday trade on Monday. The development led to the market being suspended as per the protocol. The KSE-100 index declined 5,478.63 points, or 3.16 per cent, to stand at 167,691.08 points from the previous close of 173,169.71 points at 1:30pm. This marks at least the third major meltdown at the PSX in the past two weeks, with KSE-100 losing 5,149.80 points on F...

Markets do not move in straight lines; bourse has faced multiple 7-15% consolidations even within strong bull cycles

Pakistan Stock Exchange (PSX) benchmark index, the KSE-100, was down 2,242.94 points by 11:05am on Monday. The index lost 1.25 per cent from its previous close of 179,603.73 at a trading volume of 64,643,373, and a value of 6,328,293,511. The top active stocks were led by Trust Securities & Brokerage Limited, rising 20.42pc to Rs2.30 at a volume of 16,560,745, followed by K-Electric Limited falling 1.75pc to Rs8.40 at a volume of 13,638,928, and Beco Steel Limited rising 3.94pc to Rs6.33 at a volume of 11,858,071. The top advancing stocks were led by Trust Securities & Brokerage Limited, followed by 786 Investments Limited, rising 10.03 to Rs17.88, and Tariq Corporation Limited(Pref), rising 10.01 to Rs16.93. The top decliners were Ecopack Limited, down 10.01pc to Rs48.57; ZIL Limited, down 10.00pc to Rs454.93; and Chashma Sugar Mills Limited, down 10.00pc to Rs97.51. Bears remained dominant in the market last week, with Topline Securities noting that the ongoing negative momentum was due to the “ongoing result session, where corporate results fell short of investors’ expectations”.