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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

Dollar rises four paisa against Pak rupee in inter-bank market

KARACHI: The US dollar saw a four paisa appreciation in its value against the Pakistani rupee in the interbank market at the start of the day’s trading. According to forex dealers, the greenback appreciated by four paisa and is trading at 154.65 against the local currency. A day earlier, the dollar had risen nine paisa to 154.61 from 154.52 against ... Read More »

PSX sheds 54.33 points to close at 42,506.94 points

ISLAMABAD: Pakistan Stock Exchange (PSX) Thursday witnessed bearish trend as KSE-100 index closed at 42,506.94 points as compared to 42,561.27 points on the last working day with the negative change of 54.33 points (0.13 %). A total of 230,827,150 shares were traded compared to the trade 177,984,850 shares during the previous day, whereas the value of shares traded during the ... Read More »

Gold rates down Rs200 per tola

KARACHI: Gold rates in the local market decreased by Rs200 to Rs90,150 per tola on Thursday. Similarly, the rate of 10 grams of yellow metal also registered a drop of Rs170 and traded at Rs77,289. Meanwhile,  Gold prices edged lower in the global market, consolidating near the $1,550 level, ahead of a policy decision by the European Central Bank, although ... Read More »

Stocks gain as FATF expresses satisfaction over Pakistan’s performance

KARACHI: Positive sentiments have been prevailing among investors on Thursday as reflected by the Pakistan Stock Exchange (PSX) after reports emerged that the Financial Action Task Force’s (FATF) Working Group has expressed satisfaction over the country’s performance in measures implemented to curb money laundering and terror financing. The benchmark KSE 100-share Index gained 235.68 points or 0.55 percent, and recovered ... Read More »

Pakistani envoy Asad Khan rings New York Stock Exchange’s closing bell

NEW YORK: Pakistan’s Ambassador to the United States, Asad Majeed Khan rang the NESTOL closing bell at the NASDAQ Stock Exchange in New York at a prestigious ceremony that signals the end of trading for the day on Wall Street. NASDAQ is the premier United States Stock Exchange, while NESTOL is an international software solutions company with extensive operations in ... Read More »

Stocks edge down amid FATF speculations; gold price fall as dollar firms

KARACHI: Negative sentiments have been prevailing among investors as reflected by the Pakistan Stock Exchange (PSX) over uncertain speculations as the country’s delegation meets Financial Action Task Force (FATF) in Beijing for talks about measures taken to curb money laundering and terror financing. The benchmark KSE 100-share Index further dropped 289.47 points or 0.68pc and hit 42,337 points on Wednesday ... Read More »

Gold prices go up, trades at Rs89,950 per tola

ISLAMABAD: The per tola price of 24 karat gold appreciated by Rs150 on Tuesday and was traded at Rs89,950 as compared to Rs89,800 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increase of Rs128 and was traded at Rs77,118 against last closing of Rs76,990. The price of silver remained stable and was ... Read More »

PSX down as negative sentiments prevail among investors concerning FATF meeting

KARACHI: The Pakistan Stock Exchange has been retreating amid uncertain speculations by investors as the country’s delegation meets Financial Action Task Force (FATF) Working Group in Beijing for face-to-face talks and rising political noise between the political parties. The benchmark KSE 100-share Index further dropped 390 points or 0.91pc and hit 42,357.13 points on Tuesday as of 12.04pm. Yesterday, the ... Read More »

Gold prices continue to soar in markets across Pakistan

KARACHI: Gold prices in the local market on Monday edged up by Rs250 to Rs89,700 per tola. Likewise, the rate of 10 grams of precious yellow metal also increased by Rs215 and is being traded at Rs76,903. Meanwhile, Gold prices in the international market were also increased by $4 to $1561 per ounce. Silver prices in the country per tola ... Read More »

Bears dominate as KSE-100 drops 420 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed a negative start to the trading week, as the indices remained in the red zone for almost the entire session on Monday, dragging the benchmark KSE-100 Index below the 43,000-mark. On the economic front, a Pakistani delegation is currently on a three-day visit to Beijing where it would hold talks with Financial Action Task ... Read More »

Pak Rupee depreciates by 2 paisa against dollar in early trade

KARACHI: The Pakistani rupee depreciated by two paisa against the US dollar in the interbank market at the start of Monday’s trade. According to forex dealers, the dollar is trading at 154.58 against the local currency as compared to last week’s closing of 154.56. Last week, the rupee rose 27 paisa to finish at 154.56 from 154.83 against the dollar ... Read More »

Stocks edge down amid negative sentiments among investors

KARACHI: The Pakistan Stock Exchange (PSX) on Monday has been witnessing bearish trend as the KSE 100-share Index lost 114.77 points or 0.27 percent amid absence of positive triggers, and prevailing negative sentiments among investors due to rising political noise between the political parties. The Index hit 43,053 points as of 10.54am. The Index today opened at 43,245.13 points. In ... Read More »

Pak Rupee at seven-month high against US dollar

KARACHI: The Pakistani rupee appreciated by 40 paisa against the US dollar in the open market in the outgoing week. According to a weekly report, the rupee settled at 154.80 against the greenback in the open market against last week’s closing of 155.20. Likewise, the rupee rose 27 paisa to finish at 154.56 from 154.83 against the dollar in the ... Read More »

A weekly review: Stocks observe fluctuation amid political uncertainty

KARACHI: The Pakistan Stock Exchange (PSX) in the outgoing week closed observed fluctuations and closed in a little bit of negative territory amid political uncertainty that marred the overall trading environment while kept investors’ sentiment subdued. However, the signing of a phase one trade deal between the U.S. and China to ease the ongoing trade war restored a bit of ... Read More »

KSE-100 gains 102 points amid volatile trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Friday, as the indices swayed both ways before settling in the green. The benchmark KSE-100 Index settled the week only 39.28 points (-0.09pc) lower than last Friday. On the economic front, Pakistan’s total liquid foreign exchange reserves appreciated $39 million to $18,124 million (as on January ... Read More »

Gold rates down Rs100 per tola

KARACHI: Gold prices in the domestic market decreased by Rs100 to Rs89,300 per tola on Friday, according to media. Likewise, the rate of 10 grams of precious yellow metal also recorded a drop of Rs86 and was traded at Rs76,560. Meanwhile, gold prices in the global market edged higher today but were on track to post its biggest weekly drop ... Read More »

PSX KSE-100 gains 72 points in volatile session

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed another jittery session on Thursday, as the indices shifted positions before helping the KSE-100 Index end slightly positive. Foreign investors ended as net buyers on Wednesday with a net inflow of $2.21 million. The benchmark KSE-100 Index slipped to its intraday low at 42,805.73 after losing 187.30 points. It then managed ... Read More »

KSE-100 gains pace slowly

KARACHI: The Pakistan Stock Exchange (PSX) on Thursday after a brief open in the negative recovered slowly, and the benchmark KSE-100 Share Index reached 43,126.85 points after gaining 133.82 or 0.31% at 11.39am. Selling pressure gained pace just before midday and profit-booking is likely to persist throughout the day. Earlier, the Index declined by 49.80 points or 0.12%, and hit ... Read More »

Gold price gains Rs200 per tola

ISLAMABAD: The per tola price of 24 karat gold appreciated by Rs200 on Wednesday and was traded at Rs89,400, as compared to Rs89,200 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increase of Rs171 and was traded at Rs76,646 against last closing of Rs76,817. The price of silver remained stable at Rs1070 ... Read More »

Stocks lose 214 points amid lack of triggers

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices depreciated continuously while volumes contracted further, pushing the KSE-100 below the 43,000-mark. Foreign investors, on the other hand, continued with their buying trend in the previous session. A net inflow of $1.2 million was recorded on Tuesday with major buying witnessed in banking ($0.75 million) ... Read More »