Pakistan Stock Exchange Weekly Update (31 August-4 September): Two shocks in two days. Then the market found its floor.
Hormuz escalated Monday. Inflation hit 11.15% on Tuesday. The index broke below 175,000 on Wednesday - then global markets did the repair work. Here's what changed this week.
Pakistan Stock Exchange Weekly Update (24-28 August): The market tried 178,000 three times. It didn't close above it once.
The quietest week since June. Oil eased to $89.6. The current account deficit narrowed to $328m. And the September IMF review is now the next real test.
Pakistan Stock Exchange Weekly Update (31 August-4 September): Two shocks in two days. Then the market found its floor.
Hormuz escalated Monday. Inflation hit 11.15% on Tuesday. The index broke below 175,000 on Wednesday - then global markets did the repair work. Here's what changed this week.
Pakistan Stock Exchange Weekly Update (24-28 August): The market tried 178,000 three times. It didn't close above it once.
The quietest week since June. Oil eased to $89.6. The current account deficit narrowed to $328m. And the September IMF review is now the next real test.
Pakistan Stock Exchange Weekly Update (17-21 August): Refiners hit upper circuits. The rest of the market didn't follow.
Cnergyico +9.7%, PSO +8.9%, Pak Refinery hit the upper circuit on Friday. Oil kept climbing. US Treasury yields added a new pressure. KSE-100 closed –1.63%.