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KSE-100 falls as profit-taking kicks in
Karachi: Bearish sentiment prevailed at Pakistan Stock Exchange (PSX) as benchmark KSE-100 ended with loss of nearly 160 points amid higher volume that was dominated by WorldCall Telecom. After witnessing an upward momentum in initial stages, benchm...
KE aims to boost renewable energy share to 30pc by 2030
Karachi: K-Electric (KE) aims to increase its renewable energy share to 30 percent by 2030 as part of its bid to move towards sustainable and green energy amid prevailing climate change challenges. In statement, KE spokesperson underscored that util...
Gold prices in Pakistan continue to slide
KARACHI: Gold prices in Pakistan continue to go downward as per tola price decreased by Rs800. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold decreased by Rs800 to reach Rs239,200 in the domes...
SECP proposes enhanced disclosures for Shariah Stock screening of listed companies
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to Fourth Schedule of Companies Act, 2017. These amendments enhance list of disclosures made in financial statements of listed companies for Shariah stock screen...
Dollar strengthens as Yen remains weak
The US Dollar (USD) held firm on Wednesday, recouping some of the losses stemming from renewed bets on Federal Reserve rate cuts this year, while the yen weakened for a third day, keeping investors wary of the risk of intervention from Tokyo. In Euro...
Rupee gains ground against Dollar in interbank trading
Pakistani Rupee on Tuesday gained 11 paisa against the US dollar in the interbank trading and closed at Rs 278.11 against the previous day’s closing of Rs 278.23. According to the Forex Association of Pakistan (FAP), the buying and selling rate...
Gold prices see increase in Pakistan
KARACHI: Gold prices on Monday witnessed a rise in Pakistan as per tola price was up by Rs2,500 on Monday. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-krat gold was up by Rs2,500 to reach Rs245,000 in...
LPG price reduced by Rs20/kg
QUETTA: The prices of liquefied petroleum gas (LPG) have been slashed by Rs 20 per kilogram in Quetta. According to sources, the LPG rates are reduced by Rs 20 taking the price from Rs 280 to Rs 260 per kilogram. Its worth mentioning here that...
Gold rates in Pakistan maintain downward trend
ISLAMABAD: The per tola rate of 24 karat gold decreased by Rs 900 and was sold at Rs 241,000 on Thursday compared to its sale at Rs 241,900 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs 771 to Rs 206,619 from Rs 207...
Flour prices decrease by Rs600
ISLAMABAD: As the inflation rate dropped in Pakistan, the prices of 15-kilogram flour bag has been reduced by Rs 600 in Islamabad providing relief to consumers. According to market sources, the price of a 10-kilogram flour bag has dropped by Rs 270 f...
