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Business
PSX Crosses Another Milestone, Reaches 88,945.99 Points
APP
Islamabad: The Pakistan Stock Exchange (PSX) continued its bullish trend for the fourth consecutive day, with the 100-Index reaching a historic high of 88,945.99 points on Thursday. The index gained 1,751.45 points, reflecting a 2.01…
Stock Markets And Oil Prices Retreat
AFP/APP
New York: European and US stock markets experienced a downturn today as investors shifted their focus to corporate earnings, rising bond yields, and economic prospects for the US and China. The dollar strengthened against major…
Tesla Shares Surge Following Profit Increase Amid Lower Expenses
AFP/APP
New York: Tesla shares experienced a significant boost on Wednesday after the company reported a 17% increase in third-quarter profits, reaching $2.2 billion.
This profit growth was attributed to a rise in auto sales and…
Foreign Exchange Rates
APP
Karachi: The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday.
CONVERSION RATES FOR OCTOBER 23, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR…
IMF Predicts Slightly Slower Global Growth in 2024, 2025
AFP/APP
Washington: Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, according to the International Monetary Fund (IMF), which released its latest World Economic Outlook (WEO) report on…
Gold Prices Reach Rs 283,400 Per Tola
APP
Islamabad: The price of 24-karat gold increased by Rs.1,100, reaching Rs.283,400 per tola on Tuesday, according to the All Sindh Sarafa Jewellers Association.
The price of 10 grams of 24-karat gold also rose by Rs.943 to Rs.242,970,…
Currency Rates Of NBP
APP
Karachi: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Tuesday.
CURRENCY SELLING BUYING
USD …
Most Asian Markets Drop As Traders Weigh US Rates Outlook
AFP/APP
Hong Kong: Most Asian markets closed lower on Tuesday, reacting to a negative lead from Wall Street fueled by profit-taking and uncertainties surrounding the outlook for U.S. interest rates.
Traders were particularly cautious…
PSX Gains 807 Points Amid Bullish Trend
APP
Islamabad: The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, with the 100-Index gaining 807.42 points, closing at 86,057.52.
Trading volume surged to 474,949,535 shares, valued at Rs. 19.659 billion. Of the 445…
Gold Prices Increase by Rs 500 per Tola
APP
Islamabad: The price of 24-karat gold rose by Rs 500 per tola, reaching Rs 282,300. The price of 10 grams of 24-karat gold also increased by Rs 429, now standing at Rs 242,027. The international price of gold increased by $5, reaching…