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Articles for tag: Bulls, clear, extends, milestone, PSXs, rally

January 6, 2026

News Desk

Rally Extends as Bulls Clear PSX’s 185,000 Milestone

Stockbrokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Wednesday, December 31, 2025. — AFP The KSE-100 closed at 185,062.10 points, up 2,653.87 points or 1.45%. The index hit an all-time high of 176,658.38 points, up 3,073.22 points or 1.68%. The KSE-100 hit a low of 181,182.07, down 1,226.16 points or 0.67%. The stock market continued its rally on Tuesday, breaking above the 185,000 mark for the first time, as investors switched from fixed income to equities, with optimism around banking results boosting risk appetite. The benchmark Pakistan Stock Exchange (PSX) KSE-100 index settled at 185,062.10,

January 5, 2026

News Desk

PSX tops 183,000 mark as rally extends into asset allocation flows

Stockbrokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Wednesday, June 4, 2025. — PPI The KSE-100 closed at 182,408.23 points, up 3,373.3 points or 1.88%. The index hit an intraday high of 183,964.37, up 4,929.44 points or 2.75%. The KSE-100 hit a low of 179,535.46, up 500.53 points or 0.28%. The stock market rose on Monday, extending a New Year’s rally as investors leaned on asset allocation flows and easing macroeconomic signals, with the benchmark adding 8,353.92 points (4.80%) in the first three sessions of 2026. The benchmark Pakistan Stock Exchange (PSX) KSE-100 index settled

December 21, 2025

News Desk

PCB extends PSL bid deadline for second time amid expansion process

The PSL 7 trophy on display at the National High Performance Centre, Lahore on December 12, 2021. — X @thePSLt20 LAHORE: The Pakistan Cricket Board has once again extended the deadline for submission of bids for the two new Pakistan Super League teams, sources said. Geo Super on Saturday. According to insiders, the deadline, previously set for December 22, has been extended to December 24, due to two holidays falling within the period and also due to the request of parties wishing to bid. For the uninitiated, the auction for the two new PSL teams will be held on January

December 13, 2025

News Desk

PCB extends bid deadline for two new PSL teams

Lahore Qalandars players celebrate as Sikandar Raza plays the winning run in the Pakistan Super League (PSL) 10 Grand Final against Quetta Gladiators at the Gaddafi Stadium in Lahore on May 25, 2025. – AFP The Pakistan Cricket Board (PCB) has extended the bid deadline for the two new Pakistan Super League (PSL) teams by a week, citing increased interest from Europe, the US and the Middle East. The announcement was made by PCB Chairman Mohsin Naqvi on X’s official account, saying that the deadline, originally set for December 15, has been extended to December 22. “Noticing the growing interest

November 5, 2025

News Desk

FBR extends deadline for submission of manual tax return till November 30

This image released on March 3, 2022, shows the FBR building. — Facebook@Fbrspokesperson FBR to set up dedicated cells in each office for manual file records. Filers are encouraged to visit offices for assistance with the electronic system. Extension of time under section 214A of the Income-tax Act. The Federal Board of Revenue (FBR) has extended the deadline for manual filing of returns till November 30, describing it as one of the “special measures” to help manual income tax filers as part of its ongoing efforts to fully digitize tax operations across Pakistan. A spokesman said the decision was made

October 28, 2025

News Desk

PSX extends losing streak as index sinks 2,062 points

A stockbroker reacts while watching the market on the electronic board showing stock prices during the session at the Pakistan Stock Exchange in Karachi July 3, 2023. Photo: Reuters/File The Pakistan Stock Exchange (PSX) fell sharply on Tuesday as early gains were wiped out by heavy profit-taking and weak investor sentiment, pushing the benchmark deep into the red. After opening on a positive note, the KSE-100 climbed to an intraday high of 163,380.67 points. However, momentum quickly reversed in the second half as investors booked profits from recent rallies. The index touched a low of 159,805.35 points before closing at

October 9, 2025

News Desk

China extends rare earth restrictions, targets defense, semiconductor users

Employees carry territories containing rare earth elements for port export to Lianyungang, Jiangsu province, China 31 October 2010.- Reuters Five new elements of rare land added to the export control list. Defense users abroad prevented the acquisition of export licenses. New rules that affect chipmakers using Chinese materials worldwide. China tightens sects of rare land exports on Thursday, saying it was planning to limit exports to overseas defense companies and semiconductor users and adding five rare earth elements to its list. The largest producer of rare earths in the world also added dozens of pieces of refinement technology to the

October 5, 2025

News Desk

Higgo extends to PGA Tour Lead in Mississippi

WASHINGTON: South Africa’s Garrrick Higgo closed in the second title of the US PGA Tour in 2025 on Saturday, making a five-day-par 67 to take a two-shot lead after three rounds of the Sanderson Farms championship. Higgo shot six Birdies with a Bogey at Jackson’s Country Club in Mississippi to build an 18-lone 18. Doing one to start the day, there were two strokes by American Steven Fisk and Danny Walker. Fisk caused seven Birdies at seven of his 65, while Walker had an eagle and seven Birdies-including five straight to cover his 67th. “I would say it was a

September 25, 2025

News Desk

The shine of solar energy as China extends the installation of the desert

An ocean of blue solar panels fluttering from the dunes of Oris of the Kubuqi desert of inner Mongolia, a glamorous example of the almost unthinkable transition to China’s mammoth. Even when other countries have put the brakes on the desert solar works for economic or technical reasons, China – the largest greenhouse gas emission in the world – has plowed forward. The desert solar plants are a key part of China’s designs to reach carbon neutrality by 2060. “Before, there was nothing here … it was a desert,” Kubuqi Local Chang Yongfei said AFP As he himself did to

August 14, 2025

News Desk

Rupia extends rally with 20 paisa profits

Pakistani Rupia expanded its profits against the US dollar on Wednesday, increasing 20 paisa or 0.07%on the market among banks. The currency closed on 282.22 compared to the closing level of the previous day 282.42. It was the fifth consecutive day of Rupia’s appreciation, led by the improved market feeling in the midst of an ongoing repression of illegal coins and smugglers. Last week, a court handed over five years in prison to three illegal coins and imposed a fine of 1 million Rs to participate in illegal currency work. In the world trade, the US dollar slipped after soft

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