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Articles for tag: barrier, break, December, Latest, PSX

December 2, 2025

News Desk

PSX to break the 200,000 barrier by December 2026

KARACHI: Pakistan’s stock market is expected to extend its record rally into next year, with Taurus Securities analysts predicting that the KSE-100 index may cross 200,000 by December 2026, supported by strong corporate earnings, improved investor confidence and continued policy stabilization under the IMF program. The bullish forecast is based on the index’s performance in 2025 as the market absorbs domestic political instability, falling global commodity prices and active reforms in the energy and fiscal sectors. “We expect the KSE-100 to reach 206,000 by the end of December 26, translating into a 24% return from current levels,” Taurus Securities noted

November 7, 2025

News Desk

AI singer breaks the Billboard barrier

In what Billboard called a potentially historic moment, “How was I supposed to know?” by Xania Monet became the first song by an AI-generated artist to debut on a Billboard radio chart — debuting at No. 30 on the November 1 Adult R&B Airplay survey. Created by Mississippi-based poet and songwriter Telisha ‘Nikki’ Jones, Xania Monet is described as an AI figure based on the style of contemporary R&B singers such as Keyshia Cole and Muni Long. Her soulful delivery and emotional range are powered by Suno, an AI music production platform that turns text messages into songs. Jones, who

August 1, 2025

News Desk

PSX increases in new heights, breaks 140k barrier

Listen to the article Karachi: The Pakistan Stock Exchange (PSX) increased significantly on Friday, with the KSE-100 index closing at a high level of 141,035, a profit of 1,645 points or 1.18%. The race was driven by energy sector reserves, which saw a strong purchasing interest in the afternoon meeting. The possible cooperation between the US and Pakistan in exploration of oil, along with the news on the payment of circular debt, provided a very necessary impetus to the energy sector reserves. Blue chips shares such as OGDC, PPL, PSO and HUBCO were among the top profits, with OGDC rising

China begins to build the largest hydroelectric barrier in Tibet

A worker is in front of the main barrier of the work of the three Gorges Dam on the Yangtze River in Yichang, in China’s Hubei province, on August 29, 2002 – Reuters Hong Kong/Shanghai: China Prime Minister Li Qiang announced that the construction had begun on what would be the largest hydroelectric barrier in the world, located on the East of the Tibetan Plateau and is estimated to cost about $ 170 billion Xinhua news agency he said. The barrier is China’s most ambitious hydroelectric project from the three canyon barrier in Yangtze, with businesses expected at some point

June 12, 2025

News Desk

PSX falls after 126,000 barrier crossing for the first time

Listen to the article The Pakistan Stock Exchange (PSX) presented a Rollercoaster ride on Thursday. The KSE-100 reference index increased to a high record of 126,025.99 points during intravenous trading, marking the third consecutive day of profits. However, by the end of the meeting, the market fell to negative territory, deleting earlier profits. The PSX KSE-100 reference index closed at 124,093.12, reduced by 259.56 points or 0.21%, from the previous closure of 124.352.68. During the meeting, the index increased by 1,673.31 points, or 1.35%, in the first transactions, marking a new milestone for bourse during intra -abdominal trade. The index

Russia beats Ukraine’s Kharkiv with a deadly aircraft barrier

Women react next to the building of their damaged apartments in a Russian strike in Harcovo, Ukraine. – A concentrated, nine -minute Russian drone attack on Kharkov’s second largest city in the middle of the night killed six people and injured 64, including nine children, Ukraine officials said Wednesday, Reuters reported. Overnight followed Russia’s two largest air attacks in Ukraine this week, part of the intensive bombardment that Moscow is saying are retaliation for KIEB’s recent attacks on Russia. Elsewhere, two southern Ukrainian regions, Mykolaiv and Kherson, were left without electricity on Wednesday, after Russian forces attacked an energy facility,

December 17, 2024

News Desk

Bulls break 117,000 barrier on impact of SBP rate cut

A trader busy watching on PSX on November 28, 2024. — INP The stock market extended its upward trajectory on Tuesday, surpassing 117,000 points for the first time. Investor optimism remained strong, boosted by yesterday’s State Bank of Pakistan (SBP) interest rate cut, improving macroeconomic indicators and expectations of sustained economic recovery. The benchmark Pakistan Stock Exchange (PSX) KSE-100 gained 869.76 points, or 0.75%, to hit an intraday high of 117,039.17 in early trade. The index hit a low of 114,868.63 before recovering. “There is some profit taking today as the market has rallied significantly,” said Samiullah Tariq, Head of

December 5, 2024

News Desk

PSX breaks 106,000 barrier as investors bet big on major rate cut

Traders monitor phone calls and monitor stock prices on their computers during a session at the PSX on December 04, 2024. — APP The stock market continued its rally to cross 106,000 points on Thursday on growing expectation of a major rate cut at the upcoming State Bank of Pakistan (SBP) monetary policy meeting on December 16, low inflation and strengthening economic indicators. The benchmark Pakistan Stock Exchange (PSX) KSE-100 hit a fresh intraday high of 106,123.05, up 1,018.72 points or 0.97%, reflecting sustained investor confidence and optimism on the upside of the market. Finance Minister Mohammad Aurangzeb also reaffirmed

Great Barrier Reef threatened by hottest ocean temperatures in 400 years

Reef fish swim over coral colonies being recovered on the Great Barrier Reef off the coast of Cairns, Australia, October 25, 2019. — Reuters Australia’s Great Barrier Reef, the world’s largest reef, has been threatened as water temperatures in and around the reef have risen to their warmest in 400 years over the past decade. That revelation was made by researchers in a study published Thursday that puts the effects of human-induced climate change in historical context. Reuters mentionted. The reef, the largest living ecosystem in the world, stretches for about 2,400 kilometers off the coast of the northern state

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