KARACHI: The Pakistan Stock Exchange (PSX) hit an all-time high of 67,246 points before mid-day on Thursday after registering a 1% increase, maintaining its record-breaking spree on the second consecutive working day. The market reached a new high after the UK-based global index provider (FTSE) announced its decision to retain Pakistan …
KARACHI: Turbulence and uncertainty marred the outgoing week at Pakistan Stock Exchange (PSX), as the market underwent a bearish spell by closing four out of five sessions in the red. Uncertainty about securing a new, longer-term loan package in negotiations with the International Monetary Fund (IMF) kept the KSE-100 index …
KARACHI: The Pakistani currency edged up to a new over five-month high at Rs278.74 against the US dollar in the interbank market, maintaining an uptick for the third consecutive working day, fuelled by relatively better supply of the greenback in the domestic economy. According to the State Bank of Pakistan’s …