Markets

Pakistan-Saudi defense pact boosts PSX as it reaches new high

The KSE-100 index surged 3,597 points (2.3%) to a record 158,037

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Shuja Qureshi

Presenter

With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.

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Shahbaz Ashraf

Business Consultant

Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).

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Pakistan-Saudi defense pact boosts PSX as it reaches new highplay icon
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A bullish wave swept the Pakistan Stock Exchange this week as Pakistan and Saudi Arabia signed a landmark defense pact, strengthening bilateral ties and boosting investor sentiment. The KSE-100 index surged 3,597 points (2.3%) to a record 158,037.

On Stock Watch, Nukta’s Shuja Qureshi, Shahbaz Ashraf, and JS Global’s Waqas Ghani discuss the pact’s significance and upcoming earnings from OGDC, Ghandhara Automobiles, and Pioneer Cement. Watch now!

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