Pakistan Stock Exchange

Alarm bells in Pakistan as country's forex reserves drop below $3 billion

Pakistans foreign exchange reserves held by the central bank decreased by 5.5 per cent or $170 million to $2.91 billion in the week ending February 3, the State Bank of Pakistan said on Thursday

Inflation in Pakistan rose to 24.5% in Dec 2022 compared to 2021: Data

The CPI in December also witnessed a year-on-year rise from November as it went through an increase of 23.8 per cent in the previous month, Xinhua news agency quoted the Pakistan Bureau of Statistics

Pakistan stock market attractive on valuation, dividend yield: Chris Wood

The MSCI Pakistan Index, according to Wood's note, is trading on 3.7x forecast 2023 consensus earnings and a 2023 forecast dividend yield of 10.2 per cent

Pakistan stock mkt tumbles as investors fret about unclear economic policy

The Pakistan Stock Exchange 100 index dropped by 1,447.67 points, or 3.23 per cent, to 43,393.14, its lowest since March 22

Republican senators introduce legislation imposing sanctions on Pakistan

Following the move, Pakistan stocks fell nearly 3 per cent on Wednesday while the rupee dropped to a record low.

Pakistan's economy shows momentum as coronavirus cases taper off

Evidence of momentum returning can be seen from growing cement-to-fuel sales and demand for home appliances to cars

China-backed projects in Pakistan fuel its biggest steel IPO in 5 years

The Karachi-based company plans to raise between 3.6 billion rupees to 5 billion rupees as early as this month, Chief Executive Officer Hussain Agha said

Pakistan looks to citizens overseas to pump up its forex reserves

The plan involves allowing non-resident Pakistanis to open digital accounts starting next week to allow the diaspora to invest in one of Asia's best-performing stock markets

Pakistan, Asia's best-performing stock market, is just getting started

Key index is up 36% since March after rate cuts

'No doubt' India was behind stock exchange attack in Karachi: Imran Khan

India said on Monday it had nothing to do with the assault

4 terrorists, 2 civilians killed in attack on Pak Stock Exchange in Karachi

Four militants had stormed the PSX building and opened indiscriminate fire

Grenade attack on Pakistan Stock Exchange; two killed, three injured

At least two persons were killed and three others injured in a grenade attack near the Pakistan Stock Exchange on Monday, media reports said. Sindh province Governor Imran Ismail condemned the incident. "Strongly condemn the attack on PSX aimed at tarnishing our relentless war on terror. Have instructed the IG & security agencies to ensure that the perpetrators are caught alive & their handlers are accorded exemplary punishments. We shall protect Sindh at all costs," he said on Twitter. Police have arrived on the spot and surrounded the area.

Investors may jump in as returns recede from world-beating Pakistan stocks

Pakistan's KSE-100 Index has advanced to the highest level in seven months, after falling to the lowest in almost five years in August

Row erupts over China nominee as Pak stock exchange MD

The official said it may take one to two weeks to make the formal announcement of the appointment

Pakistan stocks hit record-high of 50,050

PSE's benchmark 100-share index touched the key level soon after the market opened for trading

Chinese-led consortium top bidder in Pakistan Stock Exchange

Pakistan's stock exchange has been one of Asia's best performing for several years

Pakistan Stock Exchange says Shanghai bourse interested in buying stake

Shanghai Stock Exchange did not respond to a request for comment