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100-Index

PSX up by 1,015 points after UAE confirms aid to Pakistan

KARACHI: Pakistan Stock Exchange (PSX) showed bullish trend on Monday as the 100-index recorded a gain of 1,015 points on the first day of the trading week, ARY News reported. The traders showed their confidence after the United Arab Emirates (UAE) finalized, a financial package of $6.2 billion for Pakistan. The 100-index was closed at 38,611 points. Investors hope that the market would recover with expected improvement in the macroeconomic indicators as the biggest challenge to the economy – the current account…

Bulls remain in control as the PSX surges by 929 points on first trading day of 2019

KARACHI: Pakistan Stock Exchange (PSX) on Tuesday showed an upward trend as the 100-index recorded a gain of 929 points on the first day of trading in 2019, ARY News reported. The 100-index closed at 37,995 points as the first trading day of new year proved to be a good omen for the stock market that mostly remained battered in 2018. Stockbrokers say that the investors are showing confidence in the market because of incumbent government's steps to put country’s ‘ill’ economy back on the track. Related: …