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Articles for tag: bound, mixed, PSX, PSX remains range bound amid mixed signals, range, remains, signals

June 30, 2024

News Desk

PSX remains range bound amid mixed signals

KARACHI: The Pakistan Stock Exchange (PSX) traded in a narrow range in the coming week as investors fretted over the fiscal measures discussed in the National Assembly, which sent the KSE-100 down more than 350 points. It came despite optimism for the imminent approval of a new and larger International Monetary Fund (IMF) loan program. It was an eventful week that marked the close of the 2023-24 financial year for the market, which delivered its highest annual return in 21 years. Other key events during the week were the State Bank of Pakistan’s (SBP) announcement of a current account deficit

May 10, 2024

News Desk

Shania Twain sparked mixed reactions with her recent transformation

Screengrab from Shania Twain’s That Don’t Impress Me That Much music video Shania Twain has recently been revamped for her upcoming concerts, which begin Friday at the Bakkt Theater at Planet Hollywood Resort & Casino. The Canadian singer-songwriter, known for her iconic hits like “That Don’t Impress Me Much,” revealed her new look with pink blush tresses on Instagram. Shania Twain recently revealed her new look with long pink blush tresses on Instagram. Shania captioned the selfie: “I love this outtake from the @hauteliving cover shoot because you can FEEL how much fun I was having???? Expect me to dye

April 21, 2024

News Desk

Despite the mixed sentiment, PSX is setting records

KARACHI: The Pakistan Stock Exchange (PSX) endured a mixed week of trading but held firm and hit a new high above 70,900 on modest gains, driven mainly by Saudi Arabia’s interest in investing in the mining, energy, oil and natural sectors. gas of pakistan. Despite geopolitical tensions, a depreciating rupee and persistent inflation, investors are pinning hopes on the finance minister’s engagements with international investors and global lenders on the sidelines of the IMF-World Bank meetings in Washington. Investors also focused heavily on reports of the imminent release of the final $1.1 billion International Monetary Fund (IMF) loan tranche under

February 9, 2024

News Desk

Babar Azam shines in BPL, Pakistan players face mixed fortunes in ILT20

Pakistan cricketers have shown their prowess in the ongoing T20 leagues, with former Pakistan skipper Babar Azam emerging as the top player in the Bangladesh Premier League (BPL) 2024. Representing Rangpur Riders, Babar dominated the batting charts as the leading scorer, amassing 251 runs in six matches at an impressive average of 50.20. Despite a relatively lower strike rate of 114.61, Babar’s consistency stood out, with two half-centuries to his name, making him a vital asset for his side. Meanwhile, Ahmad Shahzad stepped up for Fortune Barishal, taking advantage of the opportunity presented by the absence of veteran Shoaib Malik.

November 21, 2023

News Desk

Stocks rise on mixed action

KARACHI: The Pakistan Stock Exchange (PSX) closed on Monday with marginal gains amid a range-bound session as uncertainties surrounding a possible hike in industrial gas and electricity tariffs weighed on investors’ minds, although lower global prices of crude oil provided some support. Earlier, trading started on a negative note and in the first hour the KSE-100 index touched an intraday low of 56,738.39 points. The market saw steady fluctuations throughout the day as the futures trading week began. Despite the negative start, the market moved slowly upwards, due to the interest of investors in selected sectors. The completion of the

November 19, 2023

News Desk

‘Dil toot gaya:’ Netizens share mixed reactions to India’s loss to Australia

— Reuters As Australia lifted their sixth World Cup title after defeating hosts India, social media users shared mixed reactions with some congratulating the Kangaroos for their win while others expressed disappointment at the Blues’ defeat. The mighty Aussies cruised past India’s target of 241 thanks to Travis Head’s brilliant century after the Kangaroos lost two wickets early in the innings. With today’s win, Australia extended their record for most ODI World Cup wins — with India and West Indies trailing with two titles each. Taking to social media, netizens, former players, politicians and cricket fans shared mixed reactions to

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