The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 273.76 points, a negative change of 0.67 per cent, closing at 40,510.37 points against 40,784.13 points the previous day. A total of 126,319,112 shares were traded during the day as compared to 158,084,396 shares the previous …
Read More »Dollar rates 28th Feb 2023: Rupee sheds Rs 1.58 against dollar
The Pakistan rupee depreciated by Rs 1.58 against the dollar in the interbank trading on Tuesday and closed at Rs 261.50 against the previous day’s closing of Rs 259.92. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded …
Read More »PSX Summary 24th Feb 2023: Market loses 130 points
The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bearish trend on Friday, losing 130.75 points, a negative change of 0.32 percent, closing at 40,707.76 points against 40,838.51 points the previous day. A total of 153,441,220 shares were traded during the day as compared to 150,264,321 shares the previous …
Read More »Dollar rates 24th Feb 2023: Rupee gains 94 paisas against dollar
The Pakistan rupee appreciated by 94 paisas against the dollar in the interbank trading on Friday and closed at Rs 259.99 against the previous day’s closing of Rs 260.93. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded …
Read More »Dubai housing boom buoys buyers
With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing boom bolstered by rich emigres that has buoyed investors and burdened tenants. Dubai, renowned for its towering skyscrapers and ultra-luxury villas, saw record real estate transactions in 2022, largely due to …
Read More »IMF likely to announce EFF agreement with Pakistan by this week
Federal Minister for Commerce, Syed Naveed Qamar said on Wednesday that the International Monetary Fund (IMF) was likely to announce its staff level agreement on Extended Fund Facility (EFF) with Pakistan by this week. “Pakistan has taken all the measures needed to unfreeze a $6.5 billion credit line and expects …
Read More »Gold prices in Pakistan dip by 1,400 to Rs 195,600 per tola
The per tola price of 24 karat gold decreased by Rs 1,400 on Wednesday and was traded at Rs 195,600 against sale at Rs.197,000, the last trading day. The price of 10 grams of 24 karat gold also decreased by Rs 1,201 to Rs 167,695 against Rs 168,896, whereas that …
Read More »Rupee gains 62 paisas against dollar
Pakistan rupee appreciated by 62 paisas against the dollar in the interbank trading on Wednesday and closed at Rs 261.89, against the previous day’s closing of Rs 262.51. According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market were recorded at …
Read More »Gold prices increase by Rs 500 to Rs 197,000 per tola
The per tola price of 24 karat gold increased by Rs 500 on Tuesday and was traded at Rs 197,000 against sale at Rs.196,500, the last trading day. The price of 10 grams of 24 karat gold also increased by Rs 429 to Rs 168,896 against Rs 168,467, whereas that …
Read More »PSX turns around, gains 276 points
The 100-index of the Pakistan Stock Exchange (PSX) turned around on Tuesday, gaining 276.20 points, a positive change of 0.68 percent, closing at 40,949.84 points against 40,673.64 points the previous day. A total of 96,490,520 shares were traded during the day as compared to 92,717,662 shares the previous day, whereas …
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