Search results
Results from the WOW.Com Content Network
Public markets across Pakistan stayed closed on Saturday due to a strike by retail associations over rising electricity prices and brisk inflation, as the country embarks on a tricky path to ...
The KSE-100 Index is a total return stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. [1] In determining representative companies to compute the index on, companies with the highest market capitalization are selected. However, to ensure full market representation, the company with the ...
[4] [5] PSX was classified by MSCI as a frontier market on 8 September 2021. [6] Pakistan Stock Exchange was founded in 1947 as Karachi Stock Exchange, In January 2016, Karachi Stock Exchange was renamed as Pakistan Stock Exchange after the merger of the Lahore Stock Exchange and Islamabad Stock Exchange. [7]
KARACHI/PESHAWAR, Pakistan (Reuters) - When the military was called on to help defend Pakistan's ailing currency, licensed foreign exchange traders cheered while their black market rivals in the ...
Pakistan's foreign minister Shah Mahmood Qureshi said that India is activating sleeper cells in order to disrupt the peace in Pakistan. [17] Meanwhile, the Special Assistant to the Prime Minister on National Security, Moeed Yusuf in a statement said "make no mistake, today’s attack in Karachi is state-sponsored terrorism against Pakistan". [5]
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
That month Pakistan also ended a four-year streak of outflows (totaling $1.4 billion) in Treasury Bills, earning $875 million. According to Bloomberg, Pakistan's stock became the "world’s best performer", increasing 73% in the past 12-months. Treasury Bill yields became some of Asia's highest, while foreign reserves rose to a two-year high. [73]
The Pakistan Stock Exchange also successfully navigated through the initial COVID-19 induced economic downturn and earned the title of being the 'best Asian stock market and fourth best-performing market across the world in 2020.' The PSE-100 index continued to climb throughout the year.