FILE PHOTO Business & Economy

PSX records mixed trading day with 111-point gain

Karachi: Pakistan Stock Exchange index psx 100 shaded slightly during the trading day yet still managed to finish 111 points up to 117,119. Eventually the trading day saw the index moving in a 1,510-point range with an intraday high at 11,837 points. Overall, 1.3 billion shares were traded across the counter on the bourses of […]

FILE PHOTO Forex

Forex Open Market Update for Pakistan

The latest foreign exchange rates in Pakistan’s open market, updated on January 2, 2025, show differing trends in some of the most popular currencies. The current exchange rate of the US Dollar is buying at 278.20 PKR and selling at 279.70 PKR, while that of the UK Pound Sterling is buying at 348.75 PKR and […]

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Ishaq Dar Pledges Pakistan’s Active Role in Global Peace and Security at UN

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar has reiterated Pakistan’s commitment to continuing its role in promoting global peace and security. In an address to ambassadors in Islamabad, he described Pakistan’s election as a non-permanent member of the United Nations Security Council as an honor and expressed gratitude to the UN member states […]

Business & Economy

Inflation in Pakistan Drops Significantly in December, Reports Bureau of Statistics

ISLAMBAD: The Bureau of Statistics has released its December inflation report, highlighting a notable decrease in inflation rates compared to the previous year. Inflation for the first six months of the current fiscal year was recorded at 7.22 percent, a significant drop from the 28.79 percent registered during the same period of the last fiscal […]

Gold Today News

Pakistan’s Gold Prices Rise by Rs 1,000 Per Tola

Karachi: The price of 24-karat gold increased by Rs 1,000 per tola today, hitting Rs 273,600, according to the All Pakistan Gems and Jewellers Association, marking a major rise in gold prices in Pakistan. In a similar vein, the price of 10 grams of gold has increased by Rs 857, making Rs 234,568 the new […]

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Finance Minister Muhammad Aurangzeb Highlights Economic Progress and Key Strategies in ‘Udaan Pakistan’ Launch

Islamabad – Finance Minister Muhammad Aurangzeb has stressed that Pakistan, as led by PM Shahbaz Sharif, is in the process of development. Speaking at the launch of the Udaan Pakistan program, he outlined two major points: the role of the private sector using the nation as the main agenda and the significance of the people […]

PSX News Business & Economy

PSX 100 Index Achieves Historic 84% Growth in 2024

Karachi – The Pakistan Stock Exchange (PSX) had an outstanding year in calendar year 2024 as the country’s flagship index, the KSE-100, gained 84% at record levels. The index rose by 52,675 points to its record high of 115,126 points by the end of the year. During the year, the KSE-100 Index demonstrated great performance, […]