PSX News and Discussions

Areesh said:
It is up 4266 points today

I am a regular investor. I can tell you that it was a normal correction and not a crash or something. Not even a proper bearish cycle

In fact I might be investing more in some stocks tomorrow or on monday
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I agree, it's the long term trend that matters but the way some of the members here react towards any negative sentiments in the Indian stock market makes you think India is running to the IMF in the next trading cycle for a bailout
 
Market Correction + regional geopolitics

If you look at all regional bourses like Tadawul, ,DFM, ADX,BHB all of them have been trending downwards for the last weeks because of increased tensions.
 
BREAKING: Pakistan’s benchmark index, KSE-100, crashed by over 12,000 points by 10:28am on Monday.

The index fell 12,334.88 points from its previous close of 168,062.16 points, marking a fall of 7.34 per cent.

This comes as reigonal geopolitical tensions spiked over the weekend as the United States and Israel on Saturday launched what they described as a “pre-emptive” joint strike against Iran, with President Trump announcing the start of “major combat operations”.

The tensions have caused Brent crude to jump 10 per cent to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100.

Read more: https://www.dawn.com/news/1977356/
 
Market is back up after 30mins freeze and stabilizing around -7.68%
 
@Pradotlc

If you take a longer view from, say 2024 onwards, PSX has given spectacular returns even in USD terms.

Regards
 
SoulSpokesman said:
@Pradotlc

If you take a longer view from, say 2024 onwards, PSX has given spectacular returns even in USD terms.

Regards
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in the end of day the stock market should reflect the industry's profitability, growth ie economic health

the PSX is tiny by any standards and a few players manipulate the market...

if you ask any of these government cheer leaders real question eg how many jobs were created, productions numbers etc they will start screaming IK cultist etc


the fact remains the economy is horrible... with salaried people struggling to say the least
 
Am I the only one who came here by misreading PSX as PFX?
 
Pradotlc said:
in the end of day the stock market should reflect the industry's profitability, growth ie economic health

the PSX is tiny by any standards and a few players manipulate the market...

if you ask any of these government cheer leaders real question eg how many jobs were created, productions numbers etc they will start screaming IK cultist etc


the fact remains the economy is horrible... with salaried people struggling to say the least
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For some reason I read the title as "PFX crash" and got excited (not because of the crash ofc)
 
Fatman17 said:
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PSX Bloodbath
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Like someone said , its 50 elite family casino room, spinning over imaginary data. It crash or disappear there is no impact on Pakistani economy.
 
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