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PSX rebounds strongly with 1,300-point rally driven by retail, institutional buying | The Express Tribune

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PSX rebounds strongly with 1,300-point rally driven by retail, institutional buying | The Express Tribune


Market activity remained strong, with the KSE All Share Index recording turnover of 1.02 billion shares

Renewed optimism swept through the Pakistan Stock Exchange as the benchmark KSE-100 index posted a strong gain of nearly 1,300 points, supported by broad-based buying across key sectors.

The rally was evident in automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration, oil marketing companies, power generation and refinery stocks, signalling robust interest from both retail and institutional investors. This sector-wide momentum helped reinforce overall market strength despite a cautious economic backdrop.

A shift in market dynamics also appears to be emerging. Bloomberg reported that retail investors are increasingly driving Pakistan’s market surge, reflecting a rare phase of confidence after years of political uncertainty and volatility.

According to the report, the KSE-100 Index has climbed roughly 40% in 2025, placing it among Asia’s top-performing markets as improved political stability and attractive returns draw in individual investors. Traders are moving towards equities as alternative investment options stagnate, with property prices flat and deposit rates having halved over the past two years.

Throughout Wednesday’s session, the benchmark index oscillated between an intraday high of 162,741.73 and a low of 161,279.02 before closing at 162,226.28, up 1,291.15 points, or 0.80%.

Read: PSX stumbles as selling pressure mounts

In its market wrap, KTrade Securities noted that the PSX closed on a positive note primarily due to continued strength in Fauji Fertiliser, which has recently been reclassified as a Shariah-compliant stock. The stock outperformed in an otherwise muted market, while mutual fund buying added further support.

Fertilisers remained the largest contributors to the index’s gains, followed by the oil and gas sector. Major positive movers included Fauji Fertiliser, Pakistan Petroleum, Oil & Gas Development Company, Pakistan State Oil, Engro Fertiliser and Maple Leaf Cement.

Market activity remained strong, with the KSE All Share Index recording a turnover of 1.02 billion shares, reflecting healthy participation. KTrade said sentiment is expected to track developments in law and order, broader political shifts and macroeconomic indicators. Investor focus will remain on the upcoming IMF tranche and regional geopolitical developments, which are likely to shape near-term market direction.

Overall trading volume declined to 1 billion shares, down from 1.5 billion on Tuesday. Shares of 484 companies were traded, with 194 closing higher, 244 lower and 46 unchanged. WorldCall Telecom led the volume chart with 160.2 million shares traded, slipping Rs0.14 to close at Rs1.91.



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PM Kisan 21st Installment Not Received Yet? Here’s Why And What You Should Do To Get Rs 2000

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PM Kisan 21st Installment Not Received Yet? Here’s Why And What You Should Do To Get Rs 2000


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Prime Minister Narendra Modi released the PM Kisan 21st installment of Rs 18000 crore from Coimbatore, Tamil Nadu, benefitting over 9 crore farmers nationwide.

PM Kisan 21st Installment  Released

PM Kisan 21st Installment Released

PM Kisan 21st Instalment Released: The 21st installment of PM Kisan Samman Nidhi scheme amounting Rs 18,000 crore was released by Prime Minister Narendra Modi on Wednesday from Coimbatore, Tamil Nadu, benefitting over 9 crore farmers across the nation. Under the PM Kisan scheme, eligible farmers get Rs 2,000 every four months, which is Rs 6,000 annually. The money is provided each year in three instalments — April-July, August-November and December-March. The fund is directly transferred to the bank accounts of the beneficiaries.

The 21st installment was directly sent to beneficiary’s amount via DBT, although several eligible farmers are still awaiting their Rs 2000 in their accounts.

There could be many reasons behind not receiving the PM Kisan 21st installment. The common ones are: incomplete e-KYC, unverified land records, and incorrect personal or bank details in the application.

How To Check PM Kisan 21st Installment Status?

1. Check Installment Status on the PM-Kisan Website

  • The official PM-Kisan portal provides a real-time update on your payment status.
  • Visit the official website: pmkisan.gov.in
  • Click on ‘Know Your Status’ on the homepage.
  • Enter your Aadhaar number, PM-Kisan ID, or registered mobile number.
  • Enter the captcha and click ‘Get Status’.
  • You will be able to see whether the 21st installment has been credited, the date of transfer, and your beneficiary status.

2. Use the PM-Kisan Mobile App

  • Farmers who prefer mobile access can check using the official app.
  • Install the PM-KISAN mobile app from the Google Play Store.
  • Open the app and select “Beneficiary Status”.
  • Enter your Aadhaar or mobile number.
  • The app will show the status of all previously credited installments, including the latest one.

3. Check Your Bank Account or SMS Alerts

  • The installment is credited directly to your bank account linked with PM-Kisan.
  • Farmers usually receive an SMS from their bank confirming the credit.

If you didn’t receive an SMS:

  • Visit your bank’s nearest branch
  • Update your passbook

Or check your balance on mobile banking / micro ATM / AePS services through your Aadhaar-linked fingerprint scan.

What to Do If You Haven’t Received the Payment

If your instalment has not been received even after meeting all requirements:

You can call the PM-KISAN Helpline at 1800-180-1551 (toll-free) to get assistance and know the reason

You can also visit your nearest CSC (Common Service Centre) for help with e-KYC and application updates. Then, file a complaint on the CPGRAMS Portal. The charge is Rs 50 per complaint.

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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Stock market today: Nifty50 opens near 26,100; BSE Sensex up over 150 points – The Times of India

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Stock market today: Nifty50 opens near 26,100; BSE Sensex up over 150 points – The Times of India


Market experts anticipate a steady upward trajectory, whilst maintaining caution as global economic data emerges. (AI image)

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was near 26,100, BSE Sensex was up over 150 points. At 9:18 AM, Nifty50 was trading at 26,095.80, up 43 points or 0.17%. BSE Sensex was at 85,346.62, up 160 points or 0.19%.Market experts anticipate a steady upward trajectory, whilst maintaining caution as global economic data emerges and markets await the completion of the first phase of the India-US trade agreement.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The bullish trend in the market is likely to sustain aided by positive triggers. At the fundamental level the picture of ‘strong macros but weak micros’ at the beginning of the year is changing to ‘ strong macros and improving micros’. This fundamental support is aided by the change in perception towards India by leading global banks who now consider India fairly valued and buyable in the context of a resilient economy and improving corporate earnings. The weakening AI trade is another positive for India which can be regarded as an anti-AI trade. FIIs turning buyers in the cash market yesterday is a reflection of this changing perception towards India.” “In the market, this is likely to manifest in preference for and outperformance of largecaps, particularly over small caps whose valuations are hard to justify even after the correction. Bank Nifty, despite the recent run up, has more room to rally since fundamentals and valuations are supportive.”Asian equities moved higher, with the Nikkei 225 advancing 3.7% whilst South Korea’s Kospi, leading the AI sector and amongst this year’s best performers, rose 2.5%. Bitcoin traded above $92,000 amidst improved market sentiment.US equities concluded a volatile session with gains on Wednesday, recovering from recent declines as technology shares advanced prior to Nvidia’s earnings report.Foreign portfolio investors purchased shares worth Rs 1,580 crore net on Wednesday. Domestic institutional investors were net buyers, investing Rs 1360 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)





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Ex-Harvard president Larry Summers stops teaching while university investigates Epstein emails

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Ex-Harvard president Larry Summers stops teaching while university investigates Epstein emails


Harvard University professor Larry Summers is taking leave while the school investigates his and others’ ties with late sex offender Jeffrey Epstein, a spokesperson confirmed.

The former US treasury secretary and onetime Harvard president will stop teaching and step back as director of the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School.

A spokesperson told the BBC’s US partner, CBS News, that Summers believes “it’s in the best interest of the Center”.

Recently released emails indicate that Summers corresponded with Epstein until the day before the financier’s 2019 arrest for the alleged sex trafficking of minors.

In a statement to The Harvard Crimson, the university said it was “conducting a review of information concerning individuals at Harvard included in the newly released Jeffrey Epstein documents”.

The BBC has contacted Summers for comment on Harvard’s new review.

On Tuesday, Summers addressed his communication with Epstein to students in a class he had been teaching at Harvard.

“Some of you will have seen my statement of regret, expressing my shame with respect to what I did in communication with Mr. Epstein. And that I’ve said that I’m going to step back from public activity,” Summers told his students, according to a video recorded by a student.

“I think it’s very important to fulfill my teaching obligations. So with your permission, we’re going to go forward and talk about the material in the class.”

But on Wednesday night, Summers spokesperson Steven Goldberg said in the statement provided to CBS that “co-teachers will complete the remaining three class sessions of the courses he has been teaching with them this semester, and he is not scheduled to teach next semester”.

The public fallout for Summers began after Congress released over 20,000 pages of documents from the so-called Epstein files last week, which included multiple emails between Epstein and Summers.

Time stamps from the emails showed the two communicated up until the day before Epstein’s arrest – a decade after he pleaded guilty for soliciting prostitution from an underage girl.

A married father of six, Summers messaged Epstein in November 2018 seemingly asking for romantic advice related to his interest in someone he said viewed him as an “economics mentor”.

“Think for now I’m going nowhere with her except economics mentor,” Summers wrote in one exchange where Epstein referred to himself as Summers’ “wing man”.

“Am I thanking her or being sorry re my being married. I think the former,” he wrote in another email.

The emails also indicated that Summers and Epstein dined together frequently, with Epstein often trying to connect Summers to prominent global figures.

No Epstein survivor has accused Summers of misconduct, and there is no publicly available evidence indicating that he was involved in any of Epstein’s crimes.

Summers announced earlier Wednesday that he was leaving the board of OpenAI, and the artificial intelligence company said it respected Summers’ decision to resign.

“We appreciate his many contributions and the perspective he brought to the Board,” OpenAI said.

He joined the board of OpenAI, which makes ChatGPT, in 2023 – following a failed attempt to oust its chief executive, Sam Altman.

Summers said in a statement to the BBC about the move that he was “grateful for the opportunity to have served, excited about the potential of the company, and look forward to following their progress”.

After the emails were shared with the public, Summers said he took “full responsibility for my misguided decision to continue communicating with Mr Epstein”.

He added that he wanted “to rebuild trust and repair relationships with the people closest to me”.

Summers held senior posts under two Democratic presidents; serving as treasury secretary under Bill Clinton, and as director of the National Economic Council under Barack Obama. He led Harvard from 2001 to 2006 and remains a professor there.

The Center for American Progress, a liberal think tank in Washington where Summers was a senior fellow, also has confirmed that Summers is no longer affiliated with the organisation.

Both chambers of Congress agreed on Tuesday to pass a measure to require the US justice department to release its files on Epstein, setting up the possible release of tens-of-thousands more documents.

President Donald Trump signed the bill on Wednesday, after reversing his position on the issue following pushback from his supporters.



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