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Articles for tag: consolidate, falls, Inflation, investors, PSX, surprise

November 7, 2025

News Desk

PSX falls as investors consolidate on inflation surprise

Stockbrokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Wednesday, June 4, 2025. — PPI The KSE-100 closed at 161,281.76 points, down 1,521.39 points. The session low was recorded at 161,159.26 points, down 1,643.89 points. The index hit an intraday high of 163,384.95, up 1,643.89 points The stock market fell on Tuesday as investors consolidated positions near the end of earnings season, with a higher-than-expected October inflation print and uncertainty surrounding potential constitutional changes keeping risk appetite in check. The benchmark Pakistan Stock Exchange (PSX) KSE-100 settled at 161,281.76, down 1,521.39 points, or 0.93%, from its

August 16, 2024

News Desk

Bangladeshi student activists to form political party, aim to consolidate revolution

DHAKA: Student protesters who ousted Prime Minister Sheikh Hasina have rejected calls from Bangladesh’s two main political parties for snap elections and are considering forming their own party to consolidate reforms, according to interviews with four protest leaders. Their hope: to avoid a repeat of the past 15 years, in which Hasina ruled the country of about 170 million with an iron fist. That was until June, when a handful of students – most in their early to mid-20s – began organizing protests against a law that reserves coveted government jobs for certain sections of the population. Within weeks, Hasina’s

December 26, 2023

News Desk

Govt increases gas tariffs for 3 fertilizer plants to consolidate rates

Engro Fertiliser, Fauji Fertilizer (Rahim Yar Khan) and Fatima Fertilizer will pay Rs 580/MMBtu for feedstock, Rs 1,580 for fuel stock A worker drains water from a gas filter at the Egas processing plant in Gujar Khan, Pakistan, March 10, 2017. — Reuters Factories will pay Rs 580/MMBtu for feedstock, Rs 1,580 for fuel stock. Oil department official says consolidation will save over Rs 85 billion. Mari Petroleum Company also signed an agreement with three plants last year. ISLAMABAD: In a bid to unify the prices of feed gas for the fertilizer industry with the industrial prices, the government has

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