Around 3 am on Wednesday the MSCI index announced that in its semiannual review, it has upgraded Pakistan’s status to an emerging market from previously frontier market. Dawn reported that this new classification will be effective from June 1.This upgrading has brought massive hopes of inflows of foreign investment from global investors since the emerging […]

Pakistan Stock Exchange began trading at 49708.65 points shook the investors’ confidence in the early part of the day but quickly redeemed and rose sharply, closing at 50111.67 points. The index increased by 403 points on the first day of the week. Sector by sector analysis show that the automobile sector maintained its success story […]

Pakistan Stock Exchange seemed to have taken the Panama case verdict really well as it closed more than 1000 points above. Thursday saw a somewhat consistent increase in the 100 index apart from a one-time drop after which the index recovered again and closed at 48743.56 points. Since the stock market performance is indicative of […]

Pakistan Stock Exchange took a major turn today after staying on the downward trajectory for pat few days. Wednesday, April 19, 2017 marked the greatest swing in the index since the PTI’s sit-in was called off on November 1, last year. Starting on 46874.37 points, PSX plunged down to 46048.07 points and then continued an […]

Pakistan Stock Exchange (PSX) continues its downward movement on the second day of the week. Starting at 47125.12 points, the index plummeted to 46809.19 points before closing at points. The movement of the index today however included lots of ups and downs that kept the investors’ on a roller coaster ride as well. Automobile assembler […]