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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 100-index recovers 641 points after initial crash

KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index has recovered 641 points after the initial loss of 2,106 points. Earlier in the day, the trading in the Pakistan Stock Exchange (PSX) was halted for 45 minutes after the benchmark KSE-100 index plunged 2,106 points. If the KSE 30 index falls 4.5pc or more, trading is halted for 45 minutes. ... Read More »

US dollar edges up against PKR at start of day trading

KARACHI: United States Dollar (USD) edges up against the Pakistan Rupee (PKR) at the interbank by 1.56 rupees on Monday at the start of day’s trading. The US Dollar is being traded in the interbank market at around 155.80 rupees. The United States (US) dollar picked up 14 paisa against the Pakistani rupee in the inter-bank market at the start ... Read More »

Pakistan stocks make slow recovery after 2,200 points wiped off KSE-100 index

KARACHI: The Pakistan Stock Exchange’s benchmark KSE-100 index plunged 2,106 points after the starting bell on the first day of the trading week, forcing authorities to halt trading for 45 minutes. The index, which had closed at 38,220 points on Friday, nosedived at the start of the trading, shedding 2,106 points (5.51%) before trading was suspended. The crash was triggered ... Read More »

Asian markets collapse as coronavirus threatens global economy

HONG KONG: Equity markets collapsed on Monday as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering. As the deadly disease claims more lives around the world, dealers are fleeing out of riskier assets and into safe havens, sending gold and the yen ... Read More »

Gold rates down Rs900 per tola in domestic market

KARACHI: Gold rates in the domestic market registered a decrease of Rs900 per tola on Saturday. According to details, per tola price of yellow metal fell to Rs94,800 while 10 grams of gold decreased by Rs771 to Rs81,275. Yesterday, per tola price of gold had reached Rs95,700 after a Rs1500 increase. Similarly, the bullion price of 10 grams rose by ... Read More »

A weekly review: Stocks obtain thin trade over coronavirus concerns

KARACHI: The stock market in the outgoing week kept struggling for its sustainability as confusion and uncertainty surrounded potential investors due to the rout in global equities. Economists fret over sharper than expected downturn in world economies as the novel coronavirus outbreak continues to invade countries. Other persisting factors, including the suspension of imports from China and adverse affects on ... Read More »

Stock market plunges by 1162 points due to massive selling

KARACHI: The stock market plunged by 1162 points on Friday owing to massive selling activities during the last trading day of the week. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 38,220 as against 39,382 points showing the decline of 1162 points. Analysts at Topline Securities said that spillover of the selloff in the global markets was ... Read More »

Gold price surges Rs1300 per tola to Rs95,500

KARACHI: The price of 24 karat gold jumped up by Rs1300 per tola on Thursday and was traded at Rs95,500 against Rs94,200, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increase of Rs1115 and was traded at Rs81,876 as compared to Rs80,761 during last trading day. The price of per tola silver remained stable at Rs1000 ... Read More »

PSX up by 475.71 points to close at 39,382.11 points

KARACHI: Pakistan Stock Exchange (PSX) on Thursday witnessed bullish trend as KSE 100 index closed at 39,382.11 points as compared to 38,906.4 points on the last working day with positive change of 475.71 points (1.22%). A total of 340,722,180 shares were traded as compared to the trade 186,985,760 shares during the previous day, whereas the value of shares traded during ... Read More »

Pakistan Stock Exchange KSE-100 accumulates 475 points

KARACHI: After two lacklustre sessions, bulls managed to regain control of the Pakistan Stock Exchange (PSX) on Thursday, as the indices headed north as soon as the opening bell rang while volumes improved significantly from the last session. Foreign investors continued to offload equities on Wednesday, recording a net outflow of $3.81 million. On the economic front, foreign investors during ... Read More »

Gold price jumps Rs100 per tola to Rs94,200

ISLAMABAD: The price of 24 karat gold jumped up by Rs100 per tola on Thursday and was traded at Rs94,200 against Rs94,100, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increase of Rs86 and was traded at Rs80,761 as compared to Rs80,675 during last trading day. The price of per tola silver remained stable at Rs ... Read More »

Gold prices touch record high of Rs94,000 per tola

LAHORE: Gold prices hit record high on Wednesday as the precious metal touched over Rs94,000 per tola in the local markets. Gold price increased by Rs1,950 per tola to reach new heights of Rs94,100. Whereas, the price of 10 grams of gold increased by Rs1,671, and is being traded at eighty thousand six hundred and seventy-five rupees. The development comes ... Read More »

Pak Rupee gains seven paisas against dollar

KARACHI: The Pak Rupee gained seven paisas against dollar on Wednesday owing to lower import and corporate demand, dealers said. The rupee ended Rs154.22 to the dollar from previous day’s closing of Rs154.29 in interbank foreign exchange market. The currency dealers said that lackluster demand was seen from importer and corporate buyers for the dollar. The said that due to ... Read More »

Bearish spell continues as KSE-100 sheds 293 points

KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices remained in the negative zone for most part of the day amid lack of triggers. Major positivity was witnessed in the cement sector following the announcement of statistics regarding cement dispatch in February 2020. According to media reports, domestic cement sales witnessed an increase of ... Read More »

Pak Rupee gains eight paisas against US dollar

KARACHI: The Pak Rupee gained eight paisas against dollar on Tuesday owing to significant decline in import bill. The rupee ended Rs154.29 to the dollar from previous day’s closing of Rs154.37 in interbank foreign exchange market. Currency dealers said that the shrinking trade deficit and decline in imports helped the rupee to gain value. The import bill of the country ... Read More »

Gold drops Rs150 per tola, traded at Rs92,150

KARACHI: The price of 24 karat gold decreased by Rs150 per tola on Tuesday and was traded at Rs92,150 against Rs92,300, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed decrease of Rs128 and was traded at Rs79,004 as compared to Rs79,132 during last trading day. The price of per tola silver remained stable at Rs1000 whereas ... Read More »

Pakistan Stock Exchange gains 548 points

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday gained 548 points at the start of the trading day as KSE-100 index is currently trading at 39,844 points. The 100-Index saw a boost of 548 points and till latest reports at 11.25 am, it was trading at the level of 39,844 points. In the last trading week, the Pakistan Stock Exchange ... Read More »

Stock swells by 1312.68 points increasing shares’ value by Rs190b

KARACHI: Stocks rebounded on Monday with 100 index jumping by 1312.68 points on the first trading day of the week. In percentage it is an increase of 3.34 percent in just one day. The value of shares rose by Rs190 billion which is a gigantic leap in shares’ value in one day after May 2019. At the closing of the ... Read More »

Pak Rupee falls by 14 paisas against US dollar on import demand

KARACHI: The Pak Rupee ended down by 14 paisas against dollar on Monday owing to higher demand of foreign currency for import and corporate payment. The rupee ended at Rs154.37 to the dollar from last Friday’s closing of Rs 154.23 in Interbank foreign exchange market. Currency experts said that the market was opened after weekly holidays. The demand for the ... Read More »

PSX gains more than 1,000 points in intra-day trading

ISLAMABAD: The stock market on Monday has been reversing losses and regained 1,000.78 points or 2.63 percent as global investors placed their hopes on a coordinated global monetary policy response to weather the damaging economic impact of the coronavirus epidemic. The benchmark KSE-100 Share Index level reached 38,984.40 points as of 01.14pm. The change came following decline in certain inflation ... Read More »