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Page 2 - ஆராய்ச்சி தலை தாஹிர் அப்பாஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PSX emerges as second best in region in January

The Pakistan Stock Exchange (PSX) , a barometer to gauge economic performance, has emerged as the second best performing regional market in January, as it hit three-year high growth in share prices with 16-year high trade volume and 13-year high trade value in the last session.

No change expected in interest rate

No change expected in interest rate SBP will announce benchmark interest rate for next two months today Earlier, the State Bank of Pakistan (SBP) had cut the benchmark interest rate by an aggressive 625 basis points during March-June 2020 to the current 7%. PHOTO: FILE KARACHI: Pakistan’s central bank is scheduled to meet on Friday (Jan 22) to determine the benchmark interest rate for the next two-month amid a situation whereby the second wave of Covid-19 pandemic still poses risk to economic activities. Moreover, the government has increased power tariff by Rs1.95 per unit to resume the International Monetary Fund’s (IMF) loan programme. It has also passed on hike in international oil prices on to the local consumers. The current account balance, after remaining in surplus for the previous five successive months (Jul-Nov 2020), also turned negative in December 2020. Experts, however, believe inflation is manageable.

PSX ends near two-year high despite chaos | The Express Tribune

PSX ends near two-year high despite chaos Research houses anticipate index to surge above 50,000 by end-2021 The SPV will also be listed on the Pakistan stock market by floating its shares in order to generate funds for the project. PHOTO: FILE Pakistan’s stock market - a barometer to gauge economic performance - managed to maintain an uptrend, as it closed near a two-year high in 2020 following recovery of a badly riddled economy despite all odds, which included the outbreak of a pandemic and loud domestic political noise. Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index increased net 7.5% or 3,020 points during the year to close near a two-year high at 43,755 points on Thursday compared to 40,735 points on December 31, 2019.

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