Topline Securities Ltd
Coverage of Topline Securities Ltd in the Nexus archive.
- Bulls in charge as PSX opens week by gaining 2,000 points during intraday trade
The Pakistan Stock Exchange (PSX) opened the week with a gain of over 2,000 points during intraday trade, driven by easing US-Iran tensions after Donald Trump called off a planned strike on Iran. The KSE-100 index rose 2,273.78 points by 11am, but closed the previous month down 4,208 points due to higher oil prices from US-Iran conflicts.
- PSX gains 2,000 points during intraday trade
The Pakistan Stock Exchange's benchmark index, KSE-100, gained 2,000 points during intraday trade due to falling global oil prices and renewed US-Iran mediation efforts. The market remained volatile but closed the previous session slightly higher, driven by late-session buying in banking and refinery stocks.
- PSX tumbles by over 2,900 points during intraday trade
The Pakistan Stock Exchange’s (PSX) KSE-100 index fell by 2,939.51 points (1.58%) during intraday trade on Wednesday. The decline followed a five-day bullish streak broken on Tuesday and was attributed to profit-taking after a recent rally, falling energy prices, potential interest rate cuts, and selling pressure across key sectors as noted by Topline Securities Ltd.