Bullish Trend Witnessed In PSX As It Gains 234 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) turned around on Friday and witnessed bullish trend, gaining 234.7 points, with a positive change...
Rupee Depreciates Against US Dollar
KARACHI: The rupee closed marginally lower in the inter-bank market on Friday with a widening trade deficit continuing to take a toll on the currency....
Gold Prices Increase in Pakistan
Karachi: The rate for 24kt gold per tola surged by Rs600 rupees to settle at Rs126,350 on Thursday. The precious metal also gained by Rs515...
Bearish Trend Prevails at PSX
KARACHI: The KSE 100-index of the pakistan stock exchange (psx) witnessed bearish trend on Thursday, losing 243.70 points, with a negative change of 0.53 percent,...
ECC Meeting Held In Chair Of Finance Minister Shaukat Tareen
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Thursday approved expansion of Kamyab Pakistan Programme (KPP) throughout Pakistan. The summary for expansion of...
CNG Stations Closure Announced In Sindh Just Its Restoration After Two and Half Months
Karachi: Sui Southern Gas Company (SSGC) on Thursday once again announced closure of the CNG stations across Sindh. Just three days ago, the CNG stations...
Senate Passed Oil and Gas Regulatory Authority (Amendment) bill, 2022
Islamabad: The Senate today unanimously passed Oil and Gas Regulatory Authority (Amendment) bill, 2022, the Oil and Gas Regulatory Authority (Second) Amendment Bill, 2022 and...
PSX 100-Index Sheds 47 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull trading session on Wednesday, as it reacted strongly to a massive hike in petroleum prices which...
Gold Prices Up By Rs50 to Rs 125,750 Per Tola
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs50 and was sold at Rs125,750 on Wednesday against its sale at...
Govt Approves Textile Policy To Boost Capacity Of Textile Industry
Islamabad: The government has approved textile policy to boost the capacity of textile industry with the aim to ensure sustainable growth in textile exports. Addressing...
Petrol Price Jacked up By Rs12.03 Per Litre
ISLAMABAD: The government has jacked up the price of petrol by Rs 12.03 per litre with immediate effect. The prices of high-speed diesel (HSD) was...
Gold Prices Decline By Rs 700
KARACHI: The price of 24 karat per tola gold witnessed a decrease of Rs700 and was sold at Rs 125,700 on Tuesday against its sale...
KSE 100-Index Gains 87 Points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a tug of war between bulls and bears on Tuesday, with the indices swaying in both...
Oil Prices Further Increased Amid Ukraine Tensions
SINGAPORE: Oil prices on Monday hit their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger...
CNG Stations Reopen in Sindh, Balochistan
KARACHI: The compressed natural gas (CNG) stations across Sindh and Balochistan have reopened nearly after a gap of nearly three months. A statement from the...
Complaints of Business Community tlTo Be Addressed on Priority Basis: Tarin
KARACHI: Finance Minister, Shaukat Tareen says equal opportunities for business are the right of every Pakistani citizen and the economy of the country is in...
NEPRA Increases Power Tariff By Rs3.10 Per Unit
ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) on Saturday decided to increase the power tariff by Rs3.10 under monthly fuel adjustment. According to an order...
Weekly Inflation Goes Down
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on February 10, for the combined consumption group, witnessed decrease of 0.08...
Pakistan Would Soon Be Removed From Grey List: Tarin
ISLAMABAD: Federal Finance Minister Senator Shaukat Tarin on Friday said that it was an injustice that Pakistan was not removed from the grey list of...
Circular Debt Surges to Rs2.47 Trillion
ISLAMABAD: Breaking all previous records, the power sector circular debt during Pakistan Tehreek-e-Insaf (PTI) has reached the highest level of Rs 2,476 billion in the...
Tarin Assures Govt’s Support For Farmers of Drought Hit Area
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has assured the government’s full support for drought hit farmers of Thal region and directed the...
Services’ Exports Increase By 20.24% in 1st Half of Fiscal Year
ISLAMABAD: The exports of services from the country witnessed an increase of 20.24 percent during the first half of the current financial year (2021-22) as...
Pakistan Railway’s 10 Trains Handed Over To Private Companies Under Privatisation
Islamabad: Under the privatisation in Pakistan Railway more 10 trains have been handed over to private companies. The 10 trains which are handed over to...
Tarin Directs To Keep Prices Of Essential Items In Check
Islamabad: Federal Minister for Finance and Revenue Shaukat Tarin on Tuesday underscored the efforts being made for keeping the prices of essential items in check...
Rupee Decreases 0.02 Percent After One Week Uptick
KARACHI: The Pakistani rupee snapped its seven-day winning streak to settle 0.02% lower at Rs174.50 against the US dollar in the interbank market on Tuesday....
PSX Sheds 68 Points
KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, with the indices swaying both ways in search of a clear direction...
ECC Meeting Called Tomorrow To Discuss 11 Point Agenda
Islamabad: The Economic Coordination Committee (ECC) has been called on tomorrow, February 8 to discuss a 11-point agenda . The meeting of the ECC is...
Details Of Shameful Agreement of Govt With IMF Is Worrisome: Sherry Rehman
Islamabad: Vice-President of Pakistan People’s Party (PPP) Sherry Rehman has said that the the shameful details of International Monetary Fund (IMF) agreement with the government...
Pakistan Receives $1Billion From IMF
ISLAMABAD: Pakistan has received $1.053 billion from the International Monetary Fund (IMF) after the successful completion of 6th review of Extended Fund Facility (EFF) programme...
Export Growth in FY22 To Be Higher Than Total Growth in Past Decade: Asad
ISLAMABAD: The country’s exports during the current fiscal year 2021-22 are estimated to grow by 8.5 billion as compared to the previous year which would...
PSX Ends Week On Positive Note With Minor Gains
KARACHI: The Pakistan Stock Exchange (PSX) on Friday had a topsy-turvy trading session but ended the week on a positive note with minor gains, a...
Pakistani Rupee Jumps 0.60 Percent Against US Dollar In Interbank Market
KARACHI: The Pakistani rupee jumped 0.60 per cent against the United States (US) dollar in the interbank market on Friday . The domestic currency today...
Gold Price Decreases Rs 640 Per Tola In Domestic Market
KARACHI: Gold price on Thursday registered a massive drop of Rs 640 per tola in the domestic market. After the decrease, the rate of per...
SBP Introduces Instant Payments Under Raast
KARACHI: State Bank of Pakistan has come up with a policy enabling Person-to-Person fund transfers in the country through Raast, Pakistan’s Instant Payment System developed...
Bearish Trend Witnessed At PSX Today
Karachi: Pakistan Stock Exchange on fourth day of this week on Thursday (today) was remained bearish. As per details, due to bearing trend 100-index crossed...
Ferrari Hints Higher Profits This Year After Record 2021 Shipments
MILAN: Sports car maker Ferrari said on Wednesday its core earnings would rise this year after posting strong financial results in 2021 with record shipments...
FBR Suspends New Property Evaluation Rules Till Feb 28
ISLAMABAD: The Federal Board of Revenue (FBR) has held in abeyance the recently notified valuation rules to allow registration of the in-process transactions till February...
Gold Price Increases in Pakistan
KARACHI: The price of 24 karat per tola gold witnessed an increase of Rs 50 and was sold at Rs 125,000 on Wednesday against its...
KSE 100-Index Gains 444 Points
ISLAMABAD: The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend for third consecutive day on Wednesday, gaining 444.65 points, a positive...
NEPRA Reduces Electricity Prices For Karachiites Rs 2.59 For December Last Year
Islamabad: National Electric Price Regulatory Authority (NEPRA) on Wednesday approved Rs 2. 59 paisas reduction under the fuel adjustment charges for the month of December...
Bullish Trend Continues at PSX
KARACHI: Bullish run at the Pakistan Stock Exchange (PSX) continued unabated on Thursday, as equities rallied all day long to help the index post significant...
PKR Continues To Recover Against US Dollar
KARACHI: The Pakistani rupee continued to recover against the United States (US) dollar in the interbank currency market on Monday. According to the data shared...
PM Rejects Increase in PoL Prices
ISLAMABAD: Prime Minister Imran Khan has rejected the summary of increasing prices of petroleum products in the public interest. Earlier, OGRA moved a summary to...
PSX Begins Week on Positive Note
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, with the benchmark index gaining 296.77 points, a positive change of 0.66 points...
ECNEC Approves Much Awaited Greater Karachi Bulk Water Supply Scheme K-IV
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) here on Monday approved much awaited Greater Karachi Bulk Water Supply Scheme K-IV, 260 MGD...
Increase In Electricity Prices Likely To Go Up By Rs 3. 12
Islamabad: It is likely that electricity prices will go up by Rs 3. 12 as National Electric Power Regulatory Authority (NEPRA) will hear a request...
Rs 9.50 Hike In Petroleum Prices Likely From Today
ISLAMABAD: The price of petroleum products is expected to shoot up by Rs9.50 across the country from February 1. According to sources, the price of...
PoL Prices Likely To Go UP By Rs9 Per Litre
ISLAMABAD: Federal government is expected to increase the prices of petroleum products by up to Rs 9 across the country from February 1. According to...
Weekly Inflation Goes Up
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on January 27, for the combined consumption group, witnessed decrease of 0.11...
PSX Loses Five Points
KARACHI: Trading activity remained lacklustre at the Pakistan Stock Exchange (PSX) on Friday, where the index traded in a narrow band virtually closing flat as...