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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

PSX gains 524 points amid presence of positive triggers

KARACHI: The KSE-100 Index of the Pakistan Stock Exchange (PSX) on Thursday continued to advance at a rapid pace for the fourth consecutive session by gaining 524 points and rising past the 31,000-point mark in the early trade hours. Till last report, the index stood at 31,497 points. Investors resumed buying with renewed vigour as uncertainty of the past few ... Read More »

Pak Rupee appreciates by 22 paisa against US dollar

KARACHI: The Pakistani rupee on Thursday recovered by 22 paisa against the US dollar and hit Rs158.22 in the interbank market with slight fluctuation at the early trade hours. Ahead of Eid-ul Azha, Pakistan had received higher remittance inflows from overseas Pakistanis in the first month of July of the current fiscal year 2019-20 – which in turn assisted the ... Read More »

PSX extend gains with 553-point rally

KARACHI: The Pakistan Stock Exchange (PSX) carried forward its positive momentum for the third successive session, ending the day in the green zone again. The indices that opened positively on Wednesday soon turned their directions for some time but managed to recover and close the session with decent gains. On the economic front, Pakistan’s current account deficit dipped 73pc to ... Read More »

Rupee depreciates by 11 paisa against US dollar; PSX gains 304 points

KARACHI: The Pakistani rupee on Wednesday depreciated by 11 paisa against the US dollar and hit Rs158.70 in the interbank market with slight fluctuation at the early trade hours. Ahead of Eidul Azha, Pakistan received higher remittance inflows from overseas Pakistanis in the first month of July of the current fiscal year 2019-20 – which in turn assisted the local ... Read More »

SECP chairman Amir Khan holds meeting stockbrokers during visit of PSX

KARACHI/ISLAMABAD: Amid continuous declines at the stock market, a team of officials from the Securities and Exchange Commission of Pakistan (SECP) led by chairman Aamir Khan paid a visit to the brokers of Karachi. During his maiden visit to the Pakistan Stock Exchange (PSX) on the third working day after assuming charge as SECP chairman, Khan held two separate meetings ... Read More »

Gold price gains Rs 500, traded at Rs88,500 per tola

ISLAMABAD: The price of 24 karat gold jumped by Rs500 and was traded at Rs88,500 per tola as compared to the last closing at Rs88,000 Karachi Sarafa Association reported on Tuesday. The price of 10 gram gold also witnessed increase of Rs 435 and was traded at Rs 75,874 against Rs 75,439 of last day. The price of silver remained ... Read More »

Dollar declines against PKR, dips to Rs158.59 in interbank market

KARACHI: The US dollar on Tuesday depreciated by three paisa against the Pakistani rupee and hit Rs158.59 in the interbank market. On the other hand, the rupee lost its value by 10 paisa against the US dollar and hit Rs159 in the open market. Ahead of Eidul Azha, Pakistan received higher remittance inflows from overseas Pakistanis in the first month ... Read More »

PSX gains more than 850 points as Gen Bajwa’s charge extended

KARACHI: As Chief of Army Staff (COAS) General Qamar Javed Bajwa’s command is extended for three years by Prime Minister Imran Khan yesterday, its positive effects are observed on the Pakistan Stock Exchange (PSX) as the KSE-100 Index gains more than 900 points in the early trade hours on Tuesday. According to a notification issued by the Prime Minister Office ... Read More »

KSE-100 index gains 797 points to close at 29,562 points

KARACHI: The KSE-100 Index of the Pakistan Stock Exchange (PSX) on Monday witnessed an upward trend by gaining 797 points to close the index at 29562 points. According to analysts, the recent simmering tensions between nuclear-armed Pakistan and India over Kashmir dispute have pushed investors to adopt cautious behaviour in the trading. Besides, the stringent policies, implemented following passage of ... Read More »

Pak Rupee depreciates 24 paisa against dollar; PSX gains 589 points

KARACHI: The Pakistani rupee on Monday depreciated by 24 paisa against the US dollar and hit Rs158.90 in the interbank market with slight fluctuation at the early trade hours. Contrarily, the rupee appreciated by 20 paisa in the open market and was being sold at Rs159.20 till the last report came in. Ahead of Eidul Azha, Pakistan received higher remittance ... Read More »

Gold price increases by Rs600 per tola

LAHORE: Gold price is continuously rising in the country and the current price of the yellow metal stands at Rs89,000 per tola after an increase of Rs600 per tola. Per tola gold in Lahore, Peshawar, Quetta, Gujranwala, Multan, Faisalabad, Karachi, Hyderabad and other sarafa markets was sold at Rs89,000. The jewelers association said a record increase of Rs34,650 per tola ... Read More »

PSX loses 664.44 points to close at 28,764 points

ISLAMABAD: The Pakistan Stock Exchange (PSX) Friday witnessed bearish trend as KSE 100 index lost 664.44 points (2.31 percent) to close at 28,764.63 points. A total of 53,423,210 shares were traded, whereas the value of shares traded during the day stood at Rs3.323 billion. Out of 283 companies, share prices of 73 companies recorded increase while 194 companies registered decrease ... Read More »

Dollar gains 51 paisa in interbank market against Pak rupee

KARACHI: The exchange rate of US dollar increased by 51 paisas in interbank market to close at Rs158.95 on Friday. In the open market, the local currency gained 20 paisa to close at Rs159.40 against the greenback. The rupee had recovered over Rs2.13 within last nine working days. Earlier, the rupee was observed to cumulatively depreciate against the US dollar, ... Read More »

Gold scales new peak of Rs88,300

KARACHI: Domestic gold price hit a new record peak of Rs88,300 per tola and Rs75,703 per 10 grams, up by Rs950 and Rs815 as compared to rates prevailing on Aug 10. The All Sindh Saraf Jewellers Association (ASSJA) attributed the fresh hike in rates to increase in world gold price by $16 per ounce to $1,514. Gold trading remained suspended ... Read More »

Gold hits new all-time high at Rs87,350 per tola

KARACHI: Gold continued to outshine as it maintained the uptrend, hitting an all-time high for the fifth successive working day at Rs87,350 per tola (11.66 grams). Cumulatively, the yellow metal has soared around 4%, or Rs3,350 per tola, in the past five sessions, including Rs350 per tola on Saturday, despite the international bullion market closing slightly down over the weekend ... Read More »

Weekly review: PSX drops 7pc; Rupee appreciates 67 paisa against dollar

KARACHI: Pakistan Stock Exchange (PSX) witnessed a downward trend in the fifth consecutive week as the KSE-100 Index dropped by a massive 7 percent and shredded 2,237 points, and closed at 29,429 points, a private news channel reported on Saturday. According to analysts, the recent simmering tensions between nuclear-armed Pakistan and India over Kashmir dispute have pushed investors to adopt ... Read More »

Gold price soars by Rs200 per tola to Rs87,000

KARACHI: The price of 24 karat gold jumped by Rs200 and was traded at Rs87,000 per tola, Karachi Sarafa Association reported on Friday. The price of 10 gram gold also witnessed increase of Rs171 and was traded at Rs74,588. On Wednesday, the price of 24 karat gold jumped by Rs1750 and was traded at Rs86,250 per tola as compared to ... Read More »

Pakistan Stock Exchange sheds 308 points ahead of holidays

KARACHI: Continuing with the declining trend, the Pakistan Stock Exchange (PSX) ended the last session ahead of holidays also in the red. The indices, which opened the day positively, failed to sustain its gains and slipped to another 52-week low in the second half of the session owing to institutional selling. On the economic front, the State Bank of Pakistan ... Read More »

Pak Rupee gains 40 paisas in early trade

KARACHI: The Pak Rupee continued appreciation against dollar as the local unit gained 40 paisas in early trade on Thursday. The US dollar is being traded at Rs157.85 in interbank foreign exchange market. Last day the rupee was ended at Rs158.25 to the dollar. Currency experts said that the inflows of home remittances related to Eid-ul-Azha helped the rupee to ... Read More »

PSX dives to five-year low as stocks bleed

KARACHI: Stocks were massacred as the index plummeted over 700 points in intra-day trading, falling to a five-year low level of below 30,000. The downtrend was seen on back of ongoing geopolitical tensions and the outcome of the National Security Committee (NSC) meeting, which added to the already frayed investor sentiments. Following India’s decision to abrogate Article 370 of its ... Read More »