PSX Gains 70 Points, Closing at 40,459 Points
The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Wednesday, gaining 70.63 points, a positive change of 0.17 percent, closing at...
Gold Price Drops By Rs1,200 Per Tola Despite Depreciation in Rupee
KARACHI: Gold price in Pakistan dropped by Rs1,200 per tola in Pakistan despite rupee depreciation — which hit an all-time low of Rs224.92 against the...
Trade fundamentals corrected as result of measures taken by Govt over last few months: Miftah
Islamabad: Finance Minister Miftah Ismail has said the trade fundamentals have been corrected as a result of measures taken by the present government over the...
PM Shahbaz Convenes Emergency Meeting On Economic Situation
ISLAMABAD: Prime Minister Shehbaz Sharif has called an emergency meeting on the economic situation of the country, the PM Office said Wednesday. The meeting will...
Dollar Prices Continue To Rise As Rs 3.1 Increased In Inter-bank Market
Karachi: Rising trend in dollar prices against rupees continued on Wednesday as dollar prices increased in Inter-bank market by Rs 3.1 after which it climbed...
Sindh Govt Extends Restrictions Imposed On Market Timings Owing To Power Crisis
KARACHI: The Sindh Government Tuesday extended the curbs imposed on market timings in the province as the power crisis persists across the country. The measure,...
Intense Bearing Trend Witnessed At PSX As Benchmark KSE-100 Index Shedded Nearly 1,000 points
KARACHI: The Pakistan Stock Exchange witnessed intense bearing trend as the benchmark KSE-100 index shedded nearly 1,000 points on Tuesday. Investors reacted with panic to...
Fitch Rating Revises Pakistan’s Outlook From Stable To Negative
HONG KONG: Fitch Ratings has revised Pakistan’s outlook from stable to negative on Tuesday. The ratings affirming its long-term foreign currency (LTFC) issuer default rating...
Govt and Petroleum Dealers Talks Remains Successful As Dealers Demand Fulfilled
Islamabad:The Ministry of Petroleum has agreed to the demand of the Pakistan Petroleum Dealers Association (PPDA) to increase their profit margin on petroleum products. The...
Gold Price Declines By Rs250
KARACHI: The gold price in Pakistan continued to decline on the third day during this week, decreasing by Rs250 per tola on Saturday. According to...
World Bank Approves $200m For Pakistan
The World Bank’s Board of Executive Directors on Saturday approved $200 million in financing to support Pakistan’s agriculture sector. The amount will be utilised in...
PIA Slashes Fares
LAHORE: Federal Minister for Railways and Aviation Khawaja Saad Rafique has announced to slash fares of trains and Pakistan International Airlines (PIA) flights. The minister...
PSX Sheds 274 Points
KARACHI: The Pakistan Stock Exchange (PSX) closed the week on a negative note as the bears and bulls locked horns to take charge of the...
PM Shehbaz Announces Massive Reduction in Fuel Prices
ISLAMABAD: Prime Minister Shehbaz Shairf Thursday slashed the price of petrol by Rs18.50 per litre in order to provide maximum relief to the consumers. Addressing...
Gold Price Declines By Rs1050
KARACHI: The price of gold on Thursday dropped as the Pakistani rupee thrashed greenback after deal with International Monetary Fund (IMF). The price of 24-carat...
Dollar Price Got Reverse Gear In Currency Market
Karachi: The USA dollar got reverse gear in the currency market on Thursday and as its value depreciated on both the inter-bank and the open...
PIA Inducts Another Airbus-320 Into Its Fleet
Islamabad: Pakistan International Airlines (PIA) has inducted another Airbus-320 into its fleet. PIA Spokesperson Abdullah Hafeez Khan told media that the induction will help improve...
Fuel Prices Likely To Go Down
ISLAMABAD: Prime Minister Shehbaz Sharif has summoned a summary from the Ministries of Finance and Petroleum recommending a reduction in the price of petroleum products...
Pakistan’s Exports to China Surged 8% in June
BEIJING: Pakistan’s exports to China in June 2022 have increased by 8% to US$251.30 million as compared to the corresponding month of the previous year...
Oil Slides as renewed China COVID Curbs Temper Fuel Demand Outlook
SINGAPORE: Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world’s biggest crude importer, and fears of a global economic slowdown weighed...