Business & Finance

Business & Finance News Updates

PSX Summary 12th October 2023: Market gains 297 points

PSX Pakistan Stock Exchange functions normally in challenging circumstances

The Pakistan Stock Exchange (PSX) continued to display its bullish momentum on Thursday, as the 100-index surged, gaining 297.17 points, marking a significant positive change of 0.61%. The day concluded with the index closing at 48,771.71 points, a notable upswing from its previous closing at 48,474.54 points. The remarkable surge …

Read More »

Dollar rates 12th October 2023: Rupee gains 93 paisas against Dollar

Rupee continues upward trend against dollar

The Pakistani Rupee continues to demonstrate remarkable resilience in the foreign exchange market, marking its 26th consecutive recovery session as it gained 93 paisa against the US dollar in interbank trading. The day concluded with the rupee closing at Rs278.58, a noteworthy improvement from the previous day’s closing rate of …

Read More »

Pakistani Rupee Strengthens, Gains Rs1.15 Against US Dollar

Rupee continues upward trend against dollar

In a remarkable streak of recovery, the Pakistani Rupee continued its upward trajectory for the 24th consecutive session, gaining Rs1.15 against the US dollar in interbank trading. The day concluded with the rupee closing at Rs280.50, a notable improvement from the previous day’s closing rate of Rs281.65. While the interbank …

Read More »

Pakistani Rupee Marks 23rd Consecutive Recovery Session Against the US Dollar on 9th October 2023

Rupee continues upward trend against dollar

In a remarkable display of resilience, the Pakistani Rupee (PKR) continued its impressive streak by recording its 23rd consecutive recovery session against the US Dollar in interbank trading. This surge saw the PKR gaining Rs1.03, closing at Rs281.65, a significant improvement from its previous day’s closing rate of Rs282.68. This …

Read More »

Unveiling the Future: Hyundai SANTA FE Hybrid Takes Karachi by Storm

Hyundai SANTA FE

Hyundai Nishat Motor Private Limited (HNMPL) continues to make waves in Pakistan’s automotive industry. Following the resounding success of the Hyundai SANTA FE Hybrid SUV launch event in Lahore, HNMPL is all set to mesmerize the cosmopolitan city of Karachi on Sunday, 8th October 2023. This exclusive event aims to …

Read More »

MG Celebrates a Decade of Elegance: Introducing the MG5 10th Anniversary Edition

MG Celebrates a Decade of Elegance: Introducing the MG5 10th Anniversary Edition

MG, the iconic British automaker now under the umbrella of China’s SAIC Motor, is commemorating the 10th anniversary of the MG5 sedan in a style that pays tribute to its legacy. The MG5, also known as the MG GT, marked a significant turning point for the brand after SAIC Motor’s …

Read More »

Pakistani Rupee Shows Resilience with 22nd Consecutive Recovery As On 5th October 2023

Rupee continues upward trend against dollar

In a remarkable display of strength, the Pakistani Rupee continues its upward trajectory, marking the 22nd consecutive recovery session. The currency gained Rs1.06 against the US dollar in interbank trading, closing at Rs 283.62, a significant improvement from the previous day’s rate of Rs 284.68. This steady resurgence in the …

Read More »

PSX gains 323 points as on 4th October 2023

PSX Pakistan Stock Exchange functions normally in challenging circumstances

The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Wednesday, with the 100-Index gaining a remarkable 323.03 points, marking a positive change of 0.69%. The index closed at 47,079.83 points, compared to the previous day’s closing figure of 46,756.80 points. This surge in the stock market reflects a positive …

Read More »

Rupee gains Rs 1.04 against US Dollar as on 4th October 2023

Rupee continues upward trend against dollar

In the interbank trading session on Wednesday, the Pakistani Rupee continued its impressive streak, marking its 21st consecutive recovery session by appreciating against the US dollar. It gained Rs1.04 and concluded at Rs 284.68, surpassing the previous day’s closing rate of Rs 285.72. On the other hand, as reported by …

Read More »

PSX Market Recap: October 2, 2023 – A Day of Gains

PSX Pakistan Stock Exchange functions normally in challenging circumstances

In a promising development for investors and the financial market, the Pakistan Stock Exchange (PSX) experienced a bullish trend on Monday, showcasing resilience and positive growth. The PSX 100-index surged by 394.49 points, marking a substantial positive change of 0.85 percent and closing at an impressive 46,627.08 points compared to …

Read More »
x