PM expresses satisfaction over PSX reaching historic high
Web Desk: Prime Minister Muhammad Shehbaz Sharif has expressed satisfaction over the stock market reaching a historic high of 124,000 points. In a statement, he...
PSX establishes new record crossing two more limits closes after gaining more than 2000 points
Karachi: Pakistan Stock Exchange (PSX) on Wednesday very next day of budget established a new record as Karachi 100 Index crossed two more limits ended...
Gold prices up by Rs.600 to Rs.352,900 per tola
Karachi:The price of 24 karat per tola gold increased by Rs.600 and was traded at Rs.352,900 on Wednesday, All Pakistan Sarafa Gems and Jewelers Association...
100 index surpasses 123,000 milestone, signaling market momentum
KARACHI: Pakistan Stock Exchange has made history by breaking all previous records, with the index reaching an all-time high of 123,000 points. During the trading...
Fuel prices likely to rise as govt imposes carbon levy
ISLAMABAD: Government has imposed a carbon levy of Rs 2.5 per liter on petrol and diesel in the budget 2025-26, a move expected to directly...
Defence Budget, FBR targets increased, Tax To GDP-deficit to be lowered further
Islamabad: Finance Minister Muhammad Aurnagzeb in his budget speech highlighted the current account surplus, remittances and the stability of the rupee while also mentioning the...
Govt decides to impose carbon, Petroleum levy on Furnace oil
Islamabad: The government has decided to impose cabon and petroleum levy on furnace oil. On per litre of Petrol, High Speed Diesel, Furnace Oil, Rs...
Relief for corporate sector, purchase of properties WHT reduced, federal exise duty on properties transfer elimnated
Islamabad: Government has decided to give relief to coorporate sector as it has decided that on perannum profit of Rs 200 million 500 million a...
Gold rate slashes in Pakistan
KARACHI: The rate of gold decreased by Rs.6100 to Rs. 352,300 According to the All Pakistan Gems and Jewellers Association, the rate of gold down...
Dollar value hiked in Interbank
KARACHI: The dollar appreciated by 4 paisa in the interbank market, closing at Rs.282.21 According to the Currency market dealer, the rate of dollar increased...
PSX achieves milestone of crossing record 1, 22,00 level for the first time
Karachi: Pakistan Stock Exchange (PSX) on Tuesday in a first achieved a milestone of crossing 1, 22, 000 level on a day when the upcoming...
Federal cabinet meeting in chair of PM underway to approve budget
Islamabad: Meeting of the Federal Cabinet is underway in Islamabad with Prime Minister Shehbaz Sharif in chair. The cabinet will accord approval to budgetary proposals...
Pakistan stock market opens higher, 100 index recovers to 1,22,172 points
KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a positive note, with the Hundred Index recovering to 1,22,172 points. The market saw an...
Government to present 18 trillion rupees budget for 2025-26 in National Assembly today
ISLAMABAD: The federal budget for the fiscal year 2025-2026 will be presented today in the National Assembly under the chairmanship of Speaker Sardar Ayaz Sadiq....
Pakistan Economic Survey 2024-25 to be launched on Monday
Web Desk: The Pakistan Economic Survey 2024-25 will be launched tomorrow [Monday] in the afternoon. Finance Minister Muhammad Aurangzeb will release the Economic Survey-2024-25 at...
Power division rejects reports of ban on two electricity meters
ISLAMABAD: The Power Division has categorically denied reports circulating on social media claiming that the government had imposed a ban on installing more than one...
End of week trend remained bearish at PSX today as it lost 157 points
Karachi :The trend remained bearish in Pakistan Stock Exchange on Thursday, today, as the Karachi 100-Index shed 157.87 points while it closed at 121,641.00 points....
Uninterrupted Gas supply to continue on three days of Eid Ul Azha: SSGC
Karachi: Sui Southern Gas Company (SSGC) has announced that gas will be supplied to residential and commercial consumers on three days of Eid Ul Azha...
SOCAR and PSO extends LNG framework agreement for three more years
WEB DESK: Azerbaijan State Oil Company and Pakistan State Oil (PSO) have agreed to extend the LNG framework agreement for an additional three years. Federal...
Pakistan Stock Exchange crosses the barrier of 1,21000 by adding 134 points
KARACHI: Positive trend observed on the fourth day of trading week at Pakistan Stock Exchange. During the trading session, the index increased by 134 points,...