PSX turns super bullish as 100-Index climbs to 48000 highest level
Karachi: Pakistan Stock Exchange on Wednesday turned super bullish on third day of business week reached highest level of 48,000. The market after gaining of...
IMF executive board likely to approve 700 mln dollar loan installment for Pakistan in 1st week of Dec
Islamabad: It is expected that an approval of the stand-by agreement between the International Monetary Fund (IMF) and Pakistan for a sum of 700 million...
Sugar price likely to be increase by export permission
Islamabad: With the permission to export, the fears of increasing the price of sugar in the country. Sugar advisory board meeting could not decide on...
The largest LPG cargo ship arrives at Port Qasim
Karachi: First time in the history of Pakistan that LPG cargo ship has brought 11 thousand ton of LPG gas arrived at Port Qasim According...
Karachi Industrialists warn shutting down industries if gas prices not reduce
Karachi: Karachi industrialists have announced to shut industries from first week of December if gas prices are not reduced. According to President of Karachi Chamber...
Declining trend in US dollar price continues as its loses 25 paisas in OM
Karachi: Declining trend in the US dollar price is continued on Tuesday as it reduced by 25 paisas in the open market. The greenback closed...
Bullish trend at PSX as market gains 293 points
ISLAMABAD:The 100-index of Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 293.63 points, a positive change of 0.51 percent, closing at 57,371.59...
Expensive leather jacket out of reach the citizens in this winter
Karachi: As the intensity of cold increasing in Karachi like wise the prices of warm clothes have also gone up, the leather jacket warm in...
Per tola Gold price increases by Rs 500
Karachi: The gold prices increased by Rs 500 and is being sold at Rs 2,15,600. The precious metal 10 gm rate also took an uptick...
US dollar depreciation continues as it sheds 47 paisas in inter-bank market
Karachi: Reverse gear in dollar prices continued on second day of the business week on Tuesday as it depreciated by 47 paisas and reached Rs...
PSX regains 57000 limit today in morning session
Karachi: The Pakistan Stock Exchange (PSX) on second day of the business week turned bullish again as it regained its limit of 57000. The market...
Dollar decreases by 75 Paisa in inter bank
Karachi: The reverse gear of the dollar continued in the currency market. dollar decline 75 paisa in inter-bank trading The price of dollar decreased by...
Gold prices unchanged today, two dollar declines in International market
Karachi: The per tola price of 24 karat gold witnessed no change in prices on Monday and was sold at Rs.215,100. The price of 10...
Govt positive policies bear fruit as economy moving towards prosperity
Islamabad: The positive policies adopted by the caretaker government have borne fruit as the country economy is heading towards prosperity. The foreign remittances have climbed...
Dollar sheds 40 paisas in inter-bank market morning session today
Karachi: Reverse gear of the US dollar continued on first day of the week on Monday as it declined by 40 paisas in inter-bank trading....
PSX kicks off with Bearish trend as market loses 57,000 limit in morning session today
Karachi: Pakistan Stock Exchange kicked off with bearing trend at the start of the session as 100-Index lost limit of 57000. The market is trading...
Pak rupee appreciates by 88 paisa against US dollar.
Karachi: The American dollar became cheaper against Pakistani rupee in the interbank and open market. According to the State Bank of Pakistan , the dollar...
Govt decides to increase gas rates once again from Jan 2024
Islamabad: Caretaker government has decided to increase gas prices once again from start of next year January 2024. The International Monetary Fund (IMF) has been...
US dollar depreciates by 88 paisas at morning session of Inter-bank trading
Karachi: The American dollar turned to reverse gear as it depreciated by 88 paisas against Pakistani rupee in the morning session of the inter-bank market....
Bullish trend at PSX as market gains 273 points in morning session
Karachi: A staff level agreement with the International Monetary Fund (IMF) resulted in positive trend at the PSX and currency market. The PSX remained bullish...
PM directs all stakeholders to pursue SIFC initiatives to reap dividends
ISLAMABAD:Caretaker Prime Minister Anwaar-ul-Haq Kakar directed all the stakeholders to vigorously pursue the Special Investment Facilitation Council’s (SIFC) initiatives through a collaborative approach to reap...
Gold prices decrease as Rs 500 reduce in Per tola gold price
Karachi: After continues three day increasing streak the gold prices reduced by Rs 500 per tola gold and it reached to Rs 2,14,300. The 10...
Headway in IMF talks PSX turns super bullish as 100 index crosses 57000 limit
Karachi: After holding of a successful negotiations on the next tranche of loans, Pakistan Stock Exchange (PSX) turned super bullish on fourth day of business...
Successful talks with IMF depreciates dollar by Rs 1.64 in Inter-bank market
Karachi: As talks with the International Monetary Fund (IMF) remained successful concluding yesterday resulted into reversing of the US dollar as it appreciated against rupee...
Govt reduces petroleum products prices for next fortnightly
Islamabad: The government has decreased prices of petroleum products for next fortnightly November 16 to end of the month. According to finance ministry,Rs 2. 04...
Govt decides to impose windfall tax on profits of banks on IMF condition
Islamabad: The government has decided to impose a windfall tax of unto 40 percent on the profits of the banks in the country on the...
Per tola Gold price increases by Rs 2000
Karachi: The gold prices continued to increase on consecutive third day of business week as a price of per tola gold increased by Rs 2000...
Staff level agreement with Pakistan, IMF to be done in current week: MD IMF
Washington: Managing Director (MD) International Monetary Fund (IMF) Kristalina Georgieva has expressed hope that a staff level agreement with Pakistan for next tranche to be...
Positive trend at PSX in morn session as its gains 88 points
Karachi: The Pakistan Stock Exchange (PSX) onset of trading remained positive on third day of business week on Wednesday. The PSX gained 36 points in...
US dollar devalues by 17 paisas in Inter-bank market today
Karachi: The US dollar devalued by 17 paisas on Wednesday in the inter-bank market today. The greenback is trading at Rs 287. 17. On the...
UK announces doubling investment in Pakistan to tackle climate change
Islamabad: United Kingdom has announced to double its investment in Pakistan to tackle climate change, enhance climate resilience, and promote adaptation. The announcement was made...
Talks B/W IMF and govt financial team concluded today
Islamabad:The policy level negotiations between the International Monetary Fund (IMF) and the government financial team concluded today. Finance Minister Shamshad Akhtar lead the Pakistan’s team...
Gold prices consecutively increased on 2nd day by Rs 1000 per tola
Karachi: The gold price continued to increase consecutively second day on Tuesday as per tola gold price increased by Rs 1000 per tola and per...
US dollar price increasing streak continues as 45 paisas increase in inter-bank market
Karachi: The US dollar price increasing streak continued on Tuesday as 45 paisas of an uptick reported in the inter-bank market. Now the greenback is...
PSX witnesses mixed trend today as 100 Index loses 32 points
Karachi: The Pakistan Stock Exchange (PSX) on Tuesday witnessed mixed trend as the 100 index reached 56,490 with a loss of 32 points. Yesterday the...
Gold prices increase by Rs 800 per tola
Karachi: An uptick of Rs 800 in per tola gold reported on Monday while gold is being sold at Rs 2,11800. Whereas Rs 686 also...
Dollar appreciates against rupee by Rs 1 in open market
Karachi: The US dollar appreciation against Pakistani rupee continued on Monday, first day of the business week, as Rs 1 increased in the price of...
PSX achieves another milestone as it crosses 56000 limit
Karachi: Pakistan Stock Exchange (PSX) on Monday first day of business week became super bullish and it surpassed 56000 limit of PSX. The market has...
Rise and fall of Gold prices continue as Rs 1300 increase in per tola price
Karachi: A fluctuation of rise and fall of prices of Gold is continued in the gold market on Friday, the last day of business week....
IMF demands enaction of strict policy for prevention of money laundering, suspected transactions
Islamabad: The International Monetary Fund (IMF) has demanded an enaction of a strict policy to avoid money laundering and suspected transactions under the guise of...
Half-rupee increases in US dollar price in open market during Forex-Morn session
Karachi: The US dollar uptick trend continued at currency markets on Friday today as a half-rupee increased in it in the open market. The greenback...
Pakistan receives 2.5 bln dollar remittances in Oct: SBP
Karachi: The Overseas Pakistanis in the last month of October this year sent remittances of a whopping 2.5 billion dollars, said the State Bank of...
Bullish trend more speeds up as 100-index crosses 55,000 mark
Karachi: Bullish trend more speed up at Pakistan Stock Exchange (PSX) on Friday, last business day, as the 100-Index crossed limit of 55,000 after gaining...
Notification issued for businesses given exemption from Nov 10 holiday
Lahore: A notification has been issued regarding various businesses given exemption from holiday on November 10. As per the notification issued by the primary and...
Caretaker PM calls for making ECO more vibrant, efficient
Tashkent: Caretaker Prime Minister Anwaar-ul-Haq Kakar has stressed for making Economic Cooperation Organization (ECO) more vibrant and efficient through accelerated reforms to realize its full...
Gold prices decrease by Rs 2400 per tola
Karachi: The precious metal once again turned inexpensive after a reduction of Rs 2400 per tola and lowered down to Rs 2, 11, 800. On...
Caretaker PM arrives at Tashkent Convention Center to attend ECO Summit
Tashkent: Caretaker Prime Minister Anwaar-ul-Haq Kakar has arrived at Tashkent Convention Center to attend the 16th Summit of Economic Cooperation Organization (ECO). In his address...
IMF demands to impose taxes on retailers, agriculture and real estate sectors
Islamabad: The International Monetary Fund (IMF) has demanded to impose taxes on general store commodities, agriculture and real states sectors. In an ongoing technical level...
Gold prices reduce in local, international market
Karachi: Gold prices are volatile these days as someday it takes uptick while next day it faces decrease. Gold per tola prices on Monday decreased...
IMF demands submission of latest report over govt-run enterprises losses in talks with Pakistan
Islamabad: The International Monetary Fund (IMF) review mission visiting Pakistan has called the current year first quarterly latest report over the losses of government enterprises....