PSX News Business

PSX Suffers Massive Setback: 100 Index Plummets by 1,904 Points

The Pakistan Stock Exchange (PSX) had a dramatic decline today, with the Benchmark 100 Index falling by an alarming 1,904 points and closing at 114,148 points. This big loss culminates an extremely turbulent trading session in which the 100 Index fluctuated within a 3,903-point range throughout the day. During trading, deals for 1.9 billion shares […]

Exchange Rates Forex

Pakistan Open Market Forex Rates Today

As of today, it is quite evident that the open market forex rates in Pakistan are quite stable. Currently, the US Dollar is available at a buying price of 278.60 PKR and a selling price of 280.10 PKR, whereas the UK Pound Sterling is at 349.00 PKR for buying and 352.50 PKR for selling. Currently, […]

Pakistan Economy News Business

Gold prices rise by Rs. 1,000 to Rs. 276,000 per tola.

Karachi: The price of gold in Pakistan rose significantly today, with a jump of Rs. 1,000 per tola, bringing the new rate to Rs. 276,000. Similarly, the price of 10 grams of gold increased by Rs. 857 and currently stands at Rs. 236,625. In the international market, gold prices also rose by $10 per ounce, […]

ECC Approves Major Grants for Various Ministries and Institutions

ISLAMABAD — The Economic Coordination Committee (ECC) has cleared a handsome amount of grants to several ministries/institutions in a meeting presided over by Federal Finance Minister Senator Muhammad Aurangzeb. In these grants, the largest grant of this session, over Rs. 5.27 billion, was granted to the National Commission on the Status of Women. Moreover, a […]

PSX News Business

A Positive Start to the Week at the Pakistan Stock Exchange

KARACHI — The Pakistan Stock Exchange (PSX) began the trading week on a good note, with the benchmark 100 Index rising by 924 points to 118,511. During early trade, the index reached a high of 118,735 points, indicating significant investor confidence. This is a considerable comeback from the previous week’s closing, when the index closed […]