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Business
PSX Turns Bullish, Gains 692 More Points
APP
Islamabad: The 100-Index of Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 692.49 points, a positive change of 0.97 percent, closing at 72,051.89 points against 71,359.41 points the previous…
Gold Rates Up by Rs1,100 Per Tola
APP
Islamabad: The per tola price of 24 karat gold increased by Rs.1,100 and was sold at Rs 242,000 on Wednesday compared to its sale at Rs 240,900 on last trading day.
The price of 10 grams of 24 karat gold also increased by Rs 943…
Rupee Sheds 02 Paisa Against Dollar
APP
Islamabad: Pakistani Rupee on Wednesday depreciated by 02 paisa against the US dollar in the interbank trading and closed at Rs 278.39 against the previous day’s closing of Rs 278.37.
However, according to the Forex Association of…
Tesla Profits Tumble But Shares Rise on New Vehicle Plan
AFP/APP
New York: Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.
Tesla reported…
Foreign Exchange Rates
APP
Karachi: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday.
USD 278.2500
GBP 343.7779…
Tokyo Stocks Open Higher, Tracking US Gains
AFP/APP
Tokyo: Tokyo stocks opened higher on Wednesday after Wall Street rose for a second straight session on good corporate earnings.
The benchmark Nikkei 225 index was up 1.04 percent, or 388.86 points, at 37,941.02 in early trade,…
Rupee Sheds 04 Paisa Against Dollar
APP
Islamabad: Pakistani Rupee on Tuesday depreciated by 04 paisa against the US dollar in the interbank trading and closed at Rs 278.37 against the previous day’s closing of Rs 278.33.
However, according to the Forex Association of…
PSX Loses 74 Points
APP
Islamabad: The 100-Index of Pakistan Stock Exchange (PSX) on Tuesday shed 74.06 points, a slight negative change of 0.10 percent, closing at 71,359.41 points against 71,433.46 points the previous trading day.
A total of…
Tesla Earnings a ‘Moment of Truth’ for Musk After Stumbles
AFP/APP
New York: Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.
The electric car…
Tokyo Shares Open Higher
AFP/APP
Tokyo: Tokyo stocks opened higher on Tuesday as risk-on sentiment returned with worries over Middle East tensions receding.
The benchmark Nikkei 225 index rose 0.86 percent, or 323.16 points, to 37,761.77 in early trade, while…