News

The Pakistan Stock Exchange (PSX) closed the first trading session of the week positive, with its benchmark KSE-100 Index ...
KARACHI: The Pakistan Stock Exchange (PSX) remained positive during the last week ending April 18, 2025, on improved ...
Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company ...
KARACHI: Record remittances in March prompted a significant rally at the Pakistan Stock Exchange (PSX) on Monday. This ...
The Express Tribune on MSN4d
PSX ends two-day rally on profit-taking
The Pakistan Stock Exchange (PSX) ended lower on Wednesday, snapping a two-day winning streak, as the benchmark KSE-100 index ...
The Express Tribune on MSN1d
PSX ends week strong on economic tailwinds
The benchmark KSE-100 index extended its bullish streak in the outgoing week, climbing 2,462 points (+2.1% week-on-week - WoW) to close at 117,316, buoyed by improving macroeconomic indicators and ...
Activist investor Elliott Investment Management has nominated four directors for Phillips 66 (PSX), escalating its proxy battle and demanding significant changes at the U.S.-based energy company. The ...
Analyst notes hike in US tariffs on China to 104pc has heightened recession risks, dampening investor sentiment at PSX.
The bourse staged a recovery on Tuesday, bouncing back from the previous day’s record plunge, as investor sentiment improved ...
Insight Securities Head of Sales Ali Najib said that ahead of the rollover week's commencement on Monday, the PSX had a range-bound day. The KSE-100 index remained positive mostly throughout the ...
Phillips 66 has been actively engaging in proxy battles and strategic communications amid activist pressures, primarily from Elliott Management. Over the last quarter, its share price declined by ...
Earlier this month, activist investor Elliott Management nominated seven directors to PSX's board and is lobbying to spin-off PSX's Midstream Segment to unlock shareholder value. PSX's Midstream ...