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PSX witnesses bullish trend, 100-Index moves above 43,000 points

KARACHI: The Pakistan Stock Exchange (PSX) continues to show upward trend on the last trading day of the week. The benchmark KSE-100 Index witnessed a massive recovery and at the opening bell, the index went up by 638 points to cross the level of 43,000 points. The market is currently trading at 43,161 points level. This is the highest level ... Read More »

KSE-100 surges 1,165 points as geopolitical tensions ease

KARACHI: It was a day of relief for investors at the Pakistan Stock Exchange (PSX) as the indices recovered losses accumulated in the previous session, helping the KSE-100 index surge by over 1,100 points. According to analysts, the market staged a strong rally on Thursday on back of de-escalation in geopolitical tensions, which helped improve investor confidence. On the economic ... Read More »

Gold price drops by Rs2,500 per tola

KARACH: The per tola price of 24 karat gold depreciated by Rs2,500 on Thursday and was traded at Rs90,500, as compared to Rs92,100 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed decrease of Rs2,141 and was traded at Rs77,590 against last closing of Rs78,961. The price of silver remained constant and was ... Read More »

Pak Rupee gains 22 paisa against US dollar

KARACHI: The Pakistani rupee gained 22 paisa to trade at 154.85 versus the US dollar in the Interbank market at the start of the day’s trading. According to foreign currency dealers, the dollar depreciated 22 paisa and is trading at 154.85 against the local currency (Pakistani Rupee) in the interbank market. On the other hand, the Pakistan Stock Exchange (PSX) ... Read More »

Pak Rupee depreciates by 8 paisa in interbank market

KARACHI: The exchange rate of US dollar against Pakistani rupee gained 8 paisa in interbank on Tuesday and was traded at Rs155.7 against Rs154.95 of last trading day, State Bank of Pakistan (SBP) reported. In Open Market, the local currency was traded at 154.80/155.50 per USD. The SBP further reported that in interbank the price of Euro appreciated by 9 ... Read More »

Pakistan Stock Exchange drops 546 points

KARACHI: After recovering some losses in the previous session, the Pakistan Stock Exchange (PSX) fell back in the grip of bears as investors took a cautious stance amid geopolitical tensions. Foreign investors remained net buyers for the second consecutive session on Tuesday, as a net inflow of $3.68 million was recorded with major buying in the cement sector (net inflow ... Read More »

Pakistani stocks recover slightly after US-Iran showdown scare

KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index registered an uptrend on Tuesday after a bearish run the previous day. A total of 200 million shares worth Rs9.18 billion exchanged hands during the day’s trading. The benchmark index gained 608 points, closing the day at 41,904 points. Stocks tumbled the previous day, tracking global markets as fears of a ... Read More »

Gold prices down by Rs1250 per tola

KARACHI: The gold prices on Tuesday decreased by Rs1250 per tola and is being currently traded at Rs92,100 in the local market. The price of 10-gram gold decreased by Rs1071 and traded at Rs78,960 in the domestic market. In a leap of historic proportions on Monday, gold rates climbed to an all-time high with an increase of Rs2850 per tola. ... Read More »

PSX witnesses bullish trend, 100-index gains 430 points

KARACHI: Positive start witnessed in the Pakistan Stock Exchange (PSX) as the bench mark 100-index gained 430 points at the start of business today, (Tuesday). The investors seem gaining their confidence back in the PSX after it lost more than 820 points during trading on Monday amid Middle East tensions. The bench mark 100-index is currently trading at the level ... Read More »

Gold price reaches all time high level of Rs93400 per tola

KARACHI: The per tola price of 24 karat gold reached to an all-time high at Rs93,400 after appreciating Rs2600 on Friday, as compared to Rs90,800 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increase of Rs2340 and was traded at Rs80,075. All Sindh Sarafa Jewellers Association’s (ASSJA) President Haji Haroon Rasheed Chand ... Read More »

Pak Rupee depreciates by 6 paisa against US dollar in interbank market

ISLAMABAD: The exchange rate of US Dollar against Pakistani rupee increased by 6 paisa in interbank on Monday and closed at Rs154.95 against Rs154.89 of last trading day. In open market, the buying and selling rates of Pakistani rupee against dollar stood at Rs154.75 and Rs155.4 respectively. The SBP further reported that in interbank the price of Euro depreciated by ... Read More »

Pak Rupee starts week’s trading on positive note

KARACHI: The rupee extended slight gains against the US dollar in the interbank market at the start of Monday’s trading. According to forex dealers, the local currency gained 3 paisa versus the greenback to trade at 154.92 in the interbank market. In the first week of the New Year, the rupee had extended marginal gains against the US dollar in ... Read More »

Gold price reaches all time high at Rs90200 per tola

KARACHI: Gold price on Saturday reached an all-time high at Rs90200 per tola. According to details gold price shoot up to historic mark after an increase of Rs550 per tola on Saturday. After increase Gold is traded at Rs90,200 per tola in markets of Karachi, Lahore, Islamabad, Peshawar, Quetta, Hyderabad, Sukkur, Faisalabad, Rawalpindi and other cities. Earlier gold price increased ... Read More »

Pak Rupee edges up 30 paisa against US dollar in outgoing week

KARACHI: The rupee extended marginal gains against the US dollar in both the interbank and open markets during the outgoing week. According to a weekly report, the local currency edged up 14 paisa to close at 154.89 against the greenback in the interbank market. The US dollar had finished at 155.03 against the rupee last week, according to forex dealers. ... Read More »

A weekly review: Stocks surge by 1474.77 points until Middle East tensions escalate

KARACHI: The Pakistan Stock Exchange (PSX) in the outgoing week witnessed massive overall spike in its gains as local and foreign investors rampaged all over the market with share prices of scores of companies, across the board, quickly hitting upper circuits. The KSE-100 index raked in the astounding gain of 1474.77 points on a weekly basis. Yesterday (Friday), the stocks ... Read More »

PSX witnesses bearish trend, loses 157.46 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed bearish trend as the KSE-100 Index closed today at 42,323.30 points as compared to 42,480.76 points on the last working day with a negative change of 157.46 points. On Thursday, Year 2020 has been strongly welcomed by the investors at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 share Index stormed past 42,000 ... Read More »

Pak Rupee loses 3 paisa against dollar in interbank market

ISLAMABAD (Dunya News) – The exchange rate of US Dollar against Pakistani rupee increased by 3 paisa in interbank on Thursday and was traded at Rs154.87 against Rs154.84 of last trading day, State Bank of Pakistan (SBP) reported. In open market, the buying and selling rates of Pakistani rupee against dollar stood at Rs154.4 and Rs155 respectively. The SBP further ... Read More »

Gold price reaches Rs88,200 per tola

KARACHI: The gold prices on Thursday increased by Rs100 per tola and traded at Rs88,200 in the local market. The price of 10-gram gold increased by Rs86 and traded at Rs75,617 in the domestic market. The gold prices on Wednesday decreased by Rs200 to Rs88,100 in the local market. Meanwhile, Gold prices in the international market rose slightly on Thursday ... Read More »

KSE-100 surges past 42000 mark after 16 months

KARACHI: Year 2020 has been strongly welcomed by the investors at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 share Index stormed past 42,000 level, and hit the record high of 42,480.76 points in around 16 months on Thursday. The KSE-100 Index closed today at 42,480.76 points with an increase of 1080.76 points or 2.54 percent amid positive sentiments ... Read More »

Stock market climbs to highest in more than a year, gains 1,040 points in intraday trading

KARACHI: The New Year 2020 has been strongly welcomed by the investors at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 share Index stormed past 42,000 level, and hit the record high of 42,440.37 points in more than a year on Thursday. At 01.59pm, the KSE-100 Index reached 42,440.37 points with an increase of 1,040.37 or 2.51 percent amid ... Read More »