Tuesday , December 1 2020
Breaking News
Home / Markets

Markets

Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

Pak Rupee depreciates by 40 paisas against dollar

KARACHI: The Pak Rupee fell by 40 paisas against the dollar on Tuesday owing to payment demand for import and corporate payments. The rupee ended 159.82 to the dollar from the previous day’s closing of Rs159.42 in the interbank foreign exchange market. Currency dealers said that the demand for import and corporate payments was higher during the day. They said ... Read More »

PSX gains 262 points despite early day losses

KARACHI: The stock exchange gained 262 points on Monday after making recovery from early day losses. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,069 points as against 40,807 points showing an increase 262 points. Analysts at Arif Habib Limited said that the market opened on a negative note with -24 points and slipped a total of ... Read More »

Gold price drops by Rs800 in Pakistan

KARACHI: The price of gold dropped by Rs800 per tola in the domestic market on Monday. A tola of yellow metal reached Rs109,000, according to rates shared by Chairman of the All Pakistan Jewelers Manufacturers Association Muhammad Arshad. Similarly, the rate of 10 grams of gold dropped by Rs685 to Rs93,449. According to Reuters, the international market saw gold sliding ... Read More »

Pak Rupee ends down by 20 paisas against USD

KARACHI: The Pak Rupee fell by 20 paisas against the dollar on Friday owing to higher demand of the foreign currency for import and corporate payments. The rupee ended at Rs159.46 to the dollar from the previous day’s closing of Rs159.26 in the interbank foreign exchange market. Currency dealers said that the higher demand of the greenback was seen due ... Read More »

Pakistan Stock Exchange gains 654 points

KARACHI: The stock market gained 654 points on Thursday as trading activities were seen in energy sector. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,031 points as against 40,377 points showing an increase of +654 points. Analysts at Arif Habib Limited said that the market followed the momentum shown yesterday, and added another 750 points during ... Read More »

PSX ends up by 514 points amid activity in energy sector

KARACHI: The stock market witnessed a gain of 514 points on Wednesday as trading activity was seen in energy sector following increase in prices of international crude oil. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,378 points as against 39,863 points showing an increase of 514 points. Analysts at Arif Habib Limited said that E&P stocks ... Read More »

PSX loses 554.66 points to close at 39,632 points

ISLAMABAD: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Monday closed at 39,632 points against 40,187 points on the last working day, with negative change of 554.66 points (1.38%). A total 195,467,730 shares were traded during the day compared to the trade of 189,857,102 shares the previous day whereas the price of shares stood at Rs7.476 billion against ... Read More »

Pak Rupee ends down by 11 paisas against USD

KARACHI: The Pak Rupee ended down by 11 paisas against the dollar on Friday owing to demand of the foreign currency for import and corporate payments. The rupee ended Rs160.73 to the dollar from the previous day’s closing of Rs160.62 in the interbank foreign exchange market. Currency dealers said that the demand for the foreign currency remained higher during the ... Read More »

Gold price falls Rs100 to Rs112,700 per tola

ISLAMABAD: The price of 24 karat gold decreased by Rs100 on Tuesday and was trade at Rs112,700 against its sale at Rs112,800 the previous day. Likewise, the price of 10 grams gold also decreased by Rs86 and was trade at Rs96,622 against Rs97,708 while gram 22 karat gold was sold at Rs88,570, Karachi Sarafa Association reported. The price of per ... Read More »

Pak Rupee weakens by Rs1.53 against USD on higher import demand

 KARACHI: The Pak Rupee weakened by Rs1.53 against dollar on Wednesday owing to higher demand for import and corporate payments. The rupee ended Rs159.83 to the dollar from previous day’s closing of Rs158.30 in interbank foreign exchange market. Currency dealers said that the market witnessed higher demand for dollars during the day. They said that after government announcement of not ... Read More »

Bulls lift KSE-100 by 147 points

KARACHI: Bulls took charge of the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index closing positive despite further contraction in market volumes. Global equity markets also displayed a positive trend, mainly due to the announcement of another coronavirus vaccine by US company Moderna Inc. The vaccine is said to be 94.5pc effective in preventing Covid-19. “Although the market ... Read More »

PSX loses 64 points to close at 40,504 points

ISLAMABAD: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Monday closed at 40,504 points against 40,569 points on the last working day, with a little negative change of 64.6 points (0.16%). A total 181,446,328 shares were traded during the day compared to the trade of 243,084,683 shares the previous day whereas the price of shares stood at Rs6.177 ... Read More »

Pak Rupee strengthens against USD in interbank

KARACHI: The Pak Rupee gained against dollar for 23rd consecutive trading days on Friday after the economic indicators are showing improvement, dealers said. The rupee ended Rs158.16 to the dollar from the previous day’s closing of Rs158.33 in the interbank foreign exchange market. The local currency has continued its gaining momentum and strengthened for 23rd consecutive days. The interbank exchange ... Read More »

Pak Rupee gains 18 paisa against USD in interbank

KARACHI: The exchange rate of US Dollar weakened by 18 paisa in the interbank on Thursday against Pakistani rupee. The greenback is being traded at 158.31 rupees on fourth business day of the week. Rupee had also gained against dollar on third business day of the week as it closed at Rs158.49 in the interbank market on Tuesday.     Read More »

Pak Rupee gains 20 paisa against USD in interbank

KARACHI: The exchange rate of US Dollar weakened by 20 paisa in the interbank on Wednesday against Pakistani rupee. The greenback closed at 158.49 rupees on third business day of the week. Rupee had also gained against dollar on second business day of the week as it closed at Rs158.69 in the interbank market on Tuesday. Meanwhile, according to Forex ... Read More »

PSX gains 533 points in first hour of trading

KARACHI: The Pakistan Stock Exchange (PSX) surged 533.6 points (1.35%), touching 41,337.67 within the first hour of opening on second business day. As per details, the KSE-100 index touched a high of 41,597.33 points by gaining 811 points within the first hour of trading. On the other hand, the Pakistan Stock Exchange (PSX) on Monday witnessed a mix trend as ... Read More »

PSX turns around, gains 52 points to close at 40,784 points

ISLAMABAD: The pakistan stock exchange (psx) Monday turned around and witnessed bullish trend as the KSE 100 index closed at 40,784points against 40,731 points on the last working day, with positive change of 52.43 points (0.13%). A total 276,797,965 shares were traded during the day compared to the trade of 350,438,388 shares the previous day whereas the price of shares ... Read More »

Pak Rupee gains 19 paisa against USD in interbank

KARACHI: The exchange rate of US Dollar weakened by 19 paisa in the interbank on Monday against Pakistani rupee. The greenback slides to 6.5 month low and is being traded at 168.90 rupees on first business day of the week. Rupee had also gained against dollar on last business day of the previous week by gaining 37 paisa. It closed ... Read More »

Pak Rupee gains 37 paisas against USD due to higher inflow of export receipts

KARACHI: The Pak Rupee gained 37 paisas against the dollar on Friday owing to lower imports and higher inflows of export receipts and worker’s remittances, dealers said. The rupee ended Rs159.09 to the dollar from the previous day’s close of Rs159.46 in the interbank foreign exchange market. The dealer said that the importers were cautious over upsurge in coronavirus cases ... Read More »

PSX: Bulls dominate market as KSE 100 closes just over 41,000

KARACHI: The Pakistan Stock Exchange ended the day on a positive note as the KSE 100 Index closed over 41,000 on Thursday. The benchmark KSE 100 index gained 789 points, or 1.96%, by the close of the trading session to reach 41,071. Close to 193.3 million shares changed hands, with a total worth of nearly Rs8.1 billion. Stocks of 365 ... Read More »

Exit mobile version