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PSX Stays Bullish, Gains 684 More Points
APP
Islamabad: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 684.25 points, a positive change of 0.84 percent, closing at 81,839.86 points against 81,155.61 points on the last…
Currency Rates Issued by the National Bank of Pakistan
APP
Karachi: The National Bank of Pakistan (NBP) announced the following buying and selling rates for major currencies on Thursday:
US Dollar (USD): Selling at 281.34, Buying at 275.22
British Pound (GBP) : Selling at 365.78,…
Dow Surges as Gold Tops All-Time High
AFP/APP
New York: The Dow rocketed to a fresh record Tuesday while gold prices also hit an all-time peak, as rising expectations for Federal Reserve interest rate cuts in 2024 lift Wall Street to new heights.
After a down session in…
Rate Expectations Clash with Trump’s Inflation Stance
AFP/APP
Hong Kong: Equities and the dollar were range bound Wednesday while gold hit a fresh record as expectations for a US interest rate cut played up against the prospect of another Donald Trump presidency that analysts say could see…
Zafar Bakhtawari Holds Meeting with British Parliamentarian
News Desk
Islamabad:Secretary General Federation Pakistan Chamber of Commerce and Industry (FPCCI) , Prominent Pakistani business leader Zafar Bakhtawari on Sunday held a meeting with the Parliamentarian in London.
Newly elected…
Automobile Sale Rises 137.91% in June 2024
APP
Islamabad: The sale of cars in the country witnessed a significant increase of 137.91% in June 2024 compared to the same month of the preceding year (2022-23), according to data released by the Pakistan Automobile Manufacturing…
S&P 500, Nasdaq Streak of Records Ends as US Inflation Ebbs
AFP/APP
New York: A multi-day streak of US stock market records ended Thursday as investors shifted bets away from hot artificial intelligence equities toward overlooked names in anticipation of interest rate cuts.
The Nasdaq, which…
NBP Exchange Rates
APP
Karachi: The Treasury Management Division of the National Bank of Pakistan (NBP) released the following exchange rates on Friday.
Asian Markets Track Wall St Records after Powell Hints at Rate Cut
AFP/APP
Hong Kong: Asian stocks rose on Thursday, following a Wall Street rally that saw record highs, fueled by increased bets on a September interest rate hike after comments by Federal Reserve Chair Jerome Powell.
This positive…
Rupee Gains 10 Paisa Against Dollar
APP
Islamabad: The exchange rate of the Pakistan rupee appreciated by 10 paisa against the US dollar in interbank trading on Tuesday, closing at Rs 278.40 compared to the previous day's closing of Rs 278.50.
According to the Forex…