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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

KSE 100-index down by 35pts, 0.10pc as Nov 30 ‘showdown’ getting nearer

KARACHI: Stocks failed to cash in on the euphoria incited by Pakistan’s successful return to the international sukuk market after a gap of nine years and the benchmark KSE 100-index fell 35 points or 0.10 percent to come down to 31237.83 points in early trading on Friday. The KSE-100 index started trading at overnight losing of 31,270 and failed to ... Read More »

23,000 cotton bales change hands between Rs4,675-5,100; spot rate maintains at Rs4,800

KARACHI: The lifting of contracted cotton bales by the Trading Corporation of Pakistan (TCP) at officially fixed high price failed to induce cotton prices while moderate business activities were witnessed in the market. The TCP intervention also failed to kindle hope for a good future outlook. However, a little increase of Rs20-25 per 40kg was witnessed in the prices of ... Read More »

Closing: KSE plunges 184 pts, down 0.59% as weeklong uncertainty haunts investment trends

KARACHI: The Karachi Stock Exchange lost 184.37 points or -0.59 percent to reach 31270.10 points and volume of 117,327,160 shares on Thursday. Earlier, the KSE gained 53.29 points or +.17 per cent to reach 31507.76 points amid the news reports that the government has sold over $1 billion Sukuk bonds at international market. The stock witnessed maximum trading at 31545.14 ... Read More »

Rupee remains firm against greenback, stands at 101.6 in interbank

KARACHI: Pakistani rupee Thursday remained firm against US dollar in interbank and gained strength in open market. As per currency market, the US currency remained unchanged in interbank at 101.6, however it lost 25 paisa in open market to reach 102.6. On Wednesday, the US dollar gained 10 paisa in interbank to stand at 101.60, while it shed 15 paisa in ... Read More »

KSE loses early gains, 100-index drops 15pts to reach 31439.14pts

KARACHI: The Karachi Stock Exchange (KSE) Thursday could not continue upward momentum of early trading and dropped 15 points to reach 31439.14 points till midday. Earlier, the KSE gained 53.29 points or +.17 per cent to reach 31507.76 points amid the news reports that the government has sold over $1 billion Sukuk bonds at international market. The stock witnessed maximum trading ... Read More »

KSE up by .17pc, index gains 53 pts to reach 31507.76 pts

KARACHI: The Karachi Stock Exchange (KSE) Thursday continued upward momentum and gained 53.29 points or +.17 per cent to reach 31507.76 points in early trading as the government has sold over $1 billion Sukuk bonds at international market, which also helped the index remain in positive note. Yesterday, the benchmark KSE-100 index gained 230.73 points or +0.74 percent to reach ... Read More »

KSE-100 recovers 231pts, up 0.74% to close in green zone

KARACHI: The Karachi Stock Exchange recovers 230.73 points or +0.74 percent to reach 31454.47 points and volume of 145,707,940 shares on Wednesday. Positive news of Sukuk bonds offering kept the 100-index buoyant and provided the investors with much-needed confidence. The KSE share-100 index opened at overnight closing of 31,223 and appeared confidence, going up steadily. The market set the pace ... Read More »

Closing: KSE recovers 231pts, up 0.74% to close in green zone

KARACHI: The Karachi Stock Exchange recovers 230.73 points or +0.74 percent to reach 31454.47 points and volume of 145,707,940 shares on Wednesday. The KSE share-100 index opened at overnight closing of 31,223 and appeared confidence, going up steadily. The market set the pace for the day trading, boosting confidence of the investors. Though the traders exercised cautioned, the trading remained ... Read More »

Bulls hit back at bears as KSE 100-Index adds 255pts, 0.13% towards 32,000pts

KARACHI: The Karachi Stock Exchange hit back at bears and shrugged off scare of the impending political storm in the federal capital, gathering momentum for the upward march to reach 31479.66 points with consolidated gains of 255.92 points till midday trading on Wednesday. The KSE share-100 index opened at overnight closing of 31,223 and appeared confidence, going up steadily. The ... Read More »

Rupee loses 10 paisa vs US dollar to reach 101.6 in interbank

KARACHI: Pakistani rupee lost its value against US dollar in interbank, however, it gained strength in open market. As per currency market, the greenback gained 10 paisa in interbank to stand at 101.60, while it shed 15 paisa in open market to reach 102.85. On Tuesday, the US currency gained 50 paisa in open market to reach 103, while it ... Read More »

KSE gains 56pts, 0.13% to reach 31276.09pts in early trading

KARACHI: The Karachi Stock Exchange gathered momentum and defied the scare of overnight losses amid brewing political storm, gaining 56 points or 0.13 percent to take the benchmark KSE 100-Index to 31,276.09 points in early trading on Wednesday. Stocks closed lower amid institutional profit-taking ahead of “historic” protest rally called in by Pakistan Teheek-i-Insaf on Nov 30 in the federal ... Read More »

KSE-100 loses 93pts, down 0.30% to close at 31223.7pts ahead of PTI big show

KARACHI: The Karachi Stock Exchange lost another 93.22 points or -0.30 percent to reach 31223.74 points and volume of 103,084,430 shares on Tuesday as PTI going to organize ‘big’ public meeting in Islamabad on Nov 30 this week. The market opened on negative note and remained bullish, forcing investor to exercise caution. Stocks remained bearish ahead of PTI’s call for ... Read More »

Karachi Stocks nosedive 0.88%, loses 275pts to dip to 31040pts ahead of PTI’s Nov 30 ‘showdown’

KARACHI: PTI’s call for a “historic” public meeting on Nov 30 in federal capital battered Karachi Stock Exchange as KSE 100-index plummet 275 points or 0.88 percent to 31040.17 points till midday trading on Tuesday. It seems the stocks have taken affects of the impending political uncertainty ahead of the scheduled showdown in the federal capital that had scene to ... Read More »

Rupee depreciates against dollar to reach 103 in open market

KARACHI: Pakistani rupee Tuesday lost its value against US dollar in open market but remained stable in interbank. As per the local currency market, the US dollar gained 50 paisa in open market to reach 103, while it remained unchanged in interbank on 101.50. On Monday, the greenback remained steady in interbank to stand at 101.50, while it gained 35 ... Read More »

Karachi stock dips 0.58%, loses 183pts to reach 31133.77pts ahead of PTI’s Nov 30 ‘showdown’

KARACHI: Stocks remained bearish ahead of PTI’s call for a “historic” public meeting on Nov 30 in federal capital and widened overnight losses as KSE benchmark 100-index lost another 183 points to slide to 31133.77 points from overnight closing of 31,316.96 points in early trading on Tuesday. The market opened on negative note and remained bullish, forcing investor to exercise caution. ... Read More »

KSE-100 sheds 178pts, down 0.56% to close at 31316.96pts

KARACHI: The Karachi Stock Exchange lost 177.88 points or +0.89 percent to reach 31316.96 points and volume of 115,756,480 shares on first day of trading, Monday. Earlier, the Karachi Stock Exchange climbed up to 31567 points and set the pace for trading, keeping the investors’ confidence afloat. However, despite positive note, it lost half of its gains to decline to ... Read More »

Pak rupee remains firm against US dollar at 101.50

KARACHI: Pakistani rupee stayed firm against US dollar in interbank, but weakened in open market on Monday. As per the local currency market, the US dollar remained steady in interbank to stand at 101.50, while it gained 35 paisa in open market to reach 102.50 on the first trading day. On Friday, the greenback lost 15 paisa to stand at ... Read More »

Midday: KSE remains steady with 35pts to stay at 31530pts

KARACH: Stocks remained steady and positive in its journey to rescale its historic high of 32,000 points, although it lost half of its early gains, the benchmark KSE 100-index sustained 35 points to stay at 31530.43 points till midday trading on Monday. Earlier, the Karachi Stock Exchange climbed up to 31567 points and set the pace for trading, keeping the ... Read More »

Opening: Stocks regain momentum as KSE 100-index rises 72pts

KARACHI: Stocks began week on a positive and restarted its journey towards its historic high of 32,000 points as benchmark KSE 100-index gained 72.59 points to reach 31567.43 points in early trading on Monday. The market opened at the weekend closing of 31494.52 points and seemed confident, gaining momentum to march upwards. After the SECP confirmation about the settlement of ... Read More »

Weekly review: KSE-100 stays in green, gains 174.45pts to rally towards 32000pts

KARACHI: The Karachi Stock Exchange (KSE) 100-index witnessed quit dramatic week as at one time you were guessing that market is going to break all previous record but on second day you see it losing hundreds of its precious points. The market opened on positive sentiments on the first day of trading and gained 174.45 points in the week-long trading, ... Read More »