Articles for tag: 000 points. Previously, 000 units if political and economic reforms are stabilized. PSX saw volatility all week, 012 points, 045 million shares. However, 169 points Exploration & Production (E&P): +10, 220 points, 314 points. This strong market performance marks a significant recovery after a week of decline, 500 points, 587 points, 847 points Fertilizers: +11, 881 points). Until the last trading day, and exploration and production companies. Average daily trading volume increased by 31% WoW, and strong industry performance, benchmark, boosted investor confidence. Analysts predict continued growth through 2025, breaks, due to strong earnings forecasts and expected SBP rate cut. The week ended with 6, Earned 236 points, especially from banks, faces, Fertilizers, fueled by favorable macroeconomic indicators such as December 2024 inflation falling to 4.1%, gaining an additional 722 points and reaching a peak of 118, including notable gains on Monday (+3.5%) and Wednesday (+1, making the PSX the world's best performing market in terms of US dollar returns. Branch Contributions: Banks: +13, new five-year economic plan, Pakistan Stock Exchange (PSX) started the trading week on a positive note, posting a 5.6% week-over-week (WoW) gain. This positive momentum is due to the improvement of the investment climate, PSX, pullback, rally, reaching 1, reflecting investor confidence and market optimism. The upward momentum continued as the index climbed further, the lowest in six years, The market rose above 117, the Pakistan Stock Exchange (PSX) experienced a strong bullish week, There were concerns about the trade deficit which reached $2.4 billion and a tax shortfall of Rs386 billion. Despite these challenges, Uraan Pakistan, when the market closed with the index at 116, with an increase of 633 points. The KSE-100 quickly hit a new all-time high of 118, with expectations for the KSE-100 to reach 160, with the aim of sustainable economic development, with the KSE-100 hitting a record high of 117

January 6, 2025

News Desk

Business

PSX breaks 118,000 benchmark, faces pullback after rally

Listen to the article The Pakistan Stock Exchange (PSX) opened the trading week with a strong rally, pushing the KSE-100 to a new all-time high of 118,735.09 points during the intra-day trade, after which the market experienced a slight retreat, with the index sinking up to 116,300.17 units. By midday, the KSE-100 was at -896.05c or 116,745.03, down 0.76% on the day. Despite this decline, commercial activity remained strong, with 134.7 million shares exchanged, with a turnover value of approximately 9.74 billion. PKR. The previous close for the PSX was recorded at 117,586.98 points, reflecting a modest loss in the