PSX showed mix trend with decrease of 53 points
KARACHI: Pakistan Stock Exchange witnessed mixed trend on the fourth day of business week. In Pakistan Stock Exchange on the fourth day of business week...
Moody’s change its outlook on Pakistan’s banking sector from “negative” to “stable”
ISLAMABAD: In a positive sign for the Pakistani economy, global rating agency Moody’s has revised its outlook for the country’s banking sector from negative to...
Minimum Nisab set at Rs 135,179 for Zakat deduction
ISLAMABAD: In continuation of its efforts to facilitate Zakat collection and distribution in accordance with Islamic principles, the government has announced the Nisab-i-Zakat for the...
PIDE calls for uniformity in taxing cigarettes
Islamabad: Health experts and anti-tobacco activists urge the government to harmonize cigarette taxes with WHO guidelines to protect the country’s youth from falling victim to...
CM directs Discos against electricity load-shedding during holy month
Karachi: Chief Minister Sindh Murad Ali Shah has directed the electricity distribution companies to not carry out load-shedding during Sahar and Iftar timings. The development...
SSGC issues gas supply schedule for Ramazan
KARACHI: The Sui Southern Gas Company (SSGC) has announced a “load-shedding marred” gas supply for the holy month of Ramzan. In a statement, the SSGC...
Per tola Gold increases by Rs 2,750
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 2,750 and was sold at Rs 228,150 on Thursday. The price of 10...
PM directs to expedite process of privatization
Islamabad: Prime Minister Muhammad Shehbaz Sharif has directed to expedite the process of privatization. Presiding over a high-level meeting in Islamabad today to review privatization...
Govt hikes passport fees from March 7
Islamabad: The government has increased the fees obtaining the passport. The fees of normal, urgent, 10-year urgent have been increased.The new fees will be applied...
Dollar devalues in open market by Five paisas
ISLAMABAD: The Rupee on Wednesday weakened by 04 paisa against the US dollar in the interbank trading and closed at Rs 279.35 against the previous...
Mixed trend grips PSX today
Karachi: Mixed trading witnessed at the Pakistan Stock Exchange (PSX) on the third of the business week. The market closed at 65,656 after reduction of...
Gold rates up by Rs 1,500 per tola to Rs 225,400
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 1,500 and was sold at Rs 225,400 on Wednesday. The price of 10...
PSX witness negative trend, drops 225 points.
KARACHI: Pakistan Stock Exchange experienced negative trend on the second day of business week. On the second day of business week, Pakistan Stock Exchange seen...
Gold prices in Pakistan experience another huge increase
KARACHI: The gold price increased once again by Rs. 2700 to Rs. 223,900. In the gold market , Gold rate increased by Rs. 2700 per...
PSX gains 681 points to cross 66,000-mark
KARACHI: The Pakistan Stock Exchange market continues trending upward as 100-index increased by 681 points. On the first day of business saw a bullish trend...
Gold prices in Pakistan see record increase
KARACHI: The gold prices in Pakistan experienced a huge increase of Rs 900 to Rs. 221,200 per tola Gold rates increased again in Pakistan, the...
US dollar value increase by 7 paisa in interbank
KARACHI: In interbank the U.S dollar up by 7 paisa against Pakistani rupee. In the currency market the dollar rate increased by 7 paisa to...
Karachi to face gas load shedding over sudden stoppage of 50 MMCFD gas from Naimat Basal Field: SSGC
Karachi: Sui Southern Gas Company (SSGC) has faced ubrupt scarcity of gas of up to 50 MMCFD. As per the spokesperson of the SSGC due...
Govt should prioritize increasing taxes on cigarettes to reduce the health cost burden and economic crisis
Islamabad: The government should prioritize increasing taxes on cigarettes to reduce the health cost burden and economic crisis said Malik Imran Ahmad, Country Head of...
Major increase in gold rate Rs. 3500 per tola.
KARACH: Gold rates in Pakistan record increased by Rs. 3,500 per tola to Rs. 220,300. The pre tola price of gold increased by Rs. 3500...
IMF Demands to increase tax burden on salaried and non-salaried class
ISLAMABAD: The International Monetary Fund (IMF) has demanded a reduction in tax slabs along with increasing taxes on the salaried and non-salaried classes. The IMF...
PSX turns bullish, gain 875 points
KARACHI: Pakistan Stock Exchange (PSX) witnessed a bullish trend on the fourth day of business week. The Pakistan Stock Exchange (PSX) was bullish on the...
Gold becomes expensive again in Pakistan.
KARACHI: The gold rate experienced an increased of Rs. 900 in Pakistan, after a significant decrease. The gold price increased by Rs. 900 per tola...
Per tola Gold price increases by Rs 100
ISLAMABAD: The price of per tola 24 karat gold increased by Rs 100 and was sold at Rs 215,900 on Tuesday, today. The All Sindh...
PSX witnesses positive change as market gains 274 points in mid day trading
Karachi: A positive trend witnessed at the Pakistan Stock Exchange (PSX) on second day of the week on Tuesday, today as 274 points increased in...
US dollar climbs against Pakistani Rupee by 4 paisa.
KARACHI: American Dollar value increased by 4 paisa against Pakistani Rupee. In the interbank dollar value increased by 4 paisa to Rs. 279.40 , while...
Gold rates maintains upward trend in Pakistan.
KARACHI: The price of per tola gold increased by Rs 700 and was sold at Rs 215,800. On Monday, the gold market in Pakistan witnessed...
Gold rate further increase by Rs. 1000 per tola
KARACHI: Gold price increased again by Rs.1000 per tola in the gold market. Gold became more expensive with the increased of Rs. 1000 per tola...
US dollar up again by 3 paisa against Pak Rupee
KARACHI: The United State dollar rate rose again by 3 paisa in Interbank while 8 paisa in open market. The value of American dollar increased...
The PSX-100 index gain 901 points & reached 62,815.
KARACHI: Pakistan Stock Exchange witnessed positive trend as PSX-100 index gained 901 points and reached 62,815 on the fifth day of business week The Pakistan...
Gold rate shrinks by Rs. 1200 per tola
KARACHI: In the gold market Gold price reduced by Rs. 1200 per tola. The rate of Gold decreased by Rs.1200 per tola to Rs. 214,100...
IMF agrees to working with new elected government of Pakistan: IMF Director Communication
Islamabad: The Director Communications International Monetary Fund (IMF) Julie Kozack has apprised that the financial body has agreed on working with the new would be-government...
PSX seen to be positive trend, gain 355 points.
KARACHI: Pakistan Stock Exchange witnessed a positive trend on the fourth day of business week. On the 4th day of business week, there was a...
Pakistani Rupee makes marginal gains against US Dollar by 17 paisa
KARACHI: The value of dollar fell by 17 paisa against Pakistani rupee in the currency market. The value of the dollar fell in the currency...
Gold price escalate by Rs. 100 per tola
KARACHI: Gold became more expensive as it upward by Rs. 100 per tola in the gold market Gold became more expensive, an increase in the...
PSX witnesses mix trend , gain 4 points.
KARACHI: The Pakistan Stock Exchange had a mixed trend on the second day of business week. On the second day of business week, The Pakistan...
Dollar rate up by 9 paisa against Pak rupee.
KARACHI: American dollar rate rose by 9 paisa in interbank According to the Forex Association of Pakistan (FAP) the dollar rate up by 9 paisa...
PSX witness positive trend on the first day of business week
KARACHI: Pakistan Stock Exchange seen to be positive trend on the first day of business week. With the increased of 586 points market closed at...
Dollar rate up by 23 paisa against Pak Rupee.
KARACHI: The US dollar price increased again by 23 paisa in open market. In the Currency market dollar price rose again by 23 paisa in...
Gold rate increase by Rs. 1100 per tola
KARACHI: In the gold market the price of gold up by Rs. 1100 per tola With the increased of Rs. 1100 the price of gold...
Inflation eases slightly but remained high compared to same period last year
Islamabad: The Sensitive Price Index (SPI) inflation eased slightly in the week ending February 15, but remained high compared to the same period last year,...
Bearish trend at PSX as it loses limit of 61,00 on last business day
Karachi: The Pakistan Stock Exchange (PSX) on last of business week lost its limit of 61,000 after 100-Index fell 823 points. The bearish trend gripped...
Petrol price increases by Rs 2.73 and HSD price by Rs 8.37
The Government has revised prices of petroleum products for the next fortnight. According to a pre ss release of the Finance Division, the price of...
Gold rate Raise again by Rs. 300 per tola
KARACHI: Gold became expensive by Rs. 300 per tola in the gold market. With an increased of Rs. 300 gold price reached Rs. 211,100 per...
PSX witness negative trend on the fourth day of business week
KARACHI: On the 4th day of business week Pakistan Stock Exchange seen to be negative trend by lost 1133 points Pakistan Stock Exchange witnessed negative...
NEPRA unhappy with power distribution companies over huge financial demands under adjustment
Islamabad: The National Electric Price Regulatory Authority (NEPRA) is unhappy on the electricity distribution companies as it expressed anger on them while it reserved the...
First Women Bank to be sold to UAE
Islamabad: The federal government has decided to sale the 82 percent shares of First Women Bank (FWB). The FWB will be sold to the brotherly...
Gas prices hike likely today as ECC holds its meeting today
Islamabad: The people should start preparing for much expensive gas as hike in the gas prices likely today. The Economic Coordination Committee (ECC) of the...
Bullish trend returns to PSX as 100-Index gains 1000 points in morning trading
KARACHI: A bullish trend returned to Pakistan Stock Exchange (PSX) on Wednesday as the market gained more than 1,000 points in the early morning trading....
Action of State Bank, suspend the licenses of exchange companies due to violations of regulation
KARACHI: The State Bank of Pakistan has suspended the licenses of exchange companies for serious violations of regulations . State Bank has suspended the licenses...