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There was a massacre on the Pakistan Stock Exchange (PSX) when the markets suffered their sharpest slump in recent month and the KSE-100 index lost 1,219 points. Pakistan's PSX fell on Friday, ending a brief bullishness with the KSE-100 index down 87 points to 41,911 points.
Pakistan's PSX remained in the black on Thursday, as the KSE-100 index rose 280 points to 41,998 points. The upward momentum on the Pakistan Stock Exchange (PSX) persisted on the second trading session, as the KSE-100 index rose 472 points to 41,718. Pakistan's PSX ended the Tuesday's trading session in a positive territory, and the KSE-100 index rose 268 points to 41,246 points.
Pakistan's PSX remained in the redline on Thursday and the KSE-100 index fell below 43,000 points. Moody's Investors Service confirmed Pakistan's B3 credit ratings on Wednesday and revised its guidance from steady to minus. The Minister of Finance and Economy, Dr. Shamshad Akhtar, has instructed the Pakistan Stock Exchange (PSX) to set up a commission to recommend a five-year plan for the Pakistani financial markets.
Pakistan's PSX ended in the black on Wednesday after the KSE-100 index rose 279 points to 43,508 points. KARACHI: The US currency rose to Rs121.5 on the inter-bank markets after closing at Rs119.84 on Monday. A few workdays before Eidul Fitr, the interim administration on Monday reviewed oil product pricing for the coming months.
Pakistan's PSX dropped sharply on Monday, the comparative index KSE-100 lost a meagre 17 points to 43,931 points.
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