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PSX’s 100 Index loses 1,382 points in intraday trading

KARACHI: The Pakistan Stock Exchange’s KSE-100 index on Thursday plummeted by more than 1,382 points during intra-day trading in the wake of the detailed verdict of a special court in the high treason case against former president General (r) Pervez Musharraf. The benchmark index opened at 41,603 points but started to fall around midday as the market anticipated the release ... Read More »

PSX loses 164.95 points to close at 41768.66

LAHORE: Pakistan Stock Exchange (PSX) on Wednesday noted bearish trend as KSE 100 Index closed at 41768.66 points as compared to 41,768 points on previous day with negative change of 164.95 points. On Tuesday, the Index closed at 41,768 points as compared to Monday’s 41,699 points with a positive change of 123 points or 0.3 percent. Yesterday, a total of ... Read More »

Stocks fluctuate slightly around 41,767 points

KARACHI: The Pakistan Stock Exchange’s (PSX) benchmark KSE 100-share Index on Wednesday afternoon stood at 41,767.36 points after slight variations in the level during early trade hours. On Tuesday, the Index closed at 41,768 points as compared to Monday’s 41,699 points with a positive change of 123 points or 0.3 percent. Yesterday, a total of 253,882,830 shares were traded compared ... Read More »

Gold price up by Rs150 per tola

KARACHI: The price of 24 karat gold gained Rs150 on Tuesday and was traded at Rs85,000 per tola, as compared to Rs84,850 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witness increase of Rs128 and was traded at Rs72,874 against last closing of Rs72,746. The price of silver remained stable and was traded ... Read More »

KSE-100 lands in green after volatile session

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, as the benchmark KSE-100 Index experienced a high jump and a steep fall. The index stormed past the 42,000-mark (for the first time in 2019) soon after the commencement of the session. However, at noon, the index had nosedived on media reports regarding former president and COAS ... Read More »

PSX edge down after earlier gains

KARACHI: The Pakistan Stock Exchange (PSX) on Tuesday oscillated between gains and losses as the benchmark KSE 100-share Index reduced by 145 points or 0.35 percent after an earlier increase during early trading hours. Around noon, the Index stood at 41,499.61 points. On monthly basis, amid positive market triggers, the KSE-100 index has been maintaining the level beyond the 41,000-point ... Read More »

Pakistan Stock Exchange reaches 13-month high

KARACHI: Pakistan Stock Exchange (PSX) touched 13-month high as KSE-100 Index rallied to 41,644 points with a positive change of 728 points. This is the highest PSX level since November 2018. A total of 222,325,260 shares were traded compared to the trade 140,344,890 shares during the previous day, whereas the value of shares traded during the day stood at Rs ... Read More »

Bulls return to Pakistan Stock Exchange as KSE-100 climbs 508 points

KARACHI: Bulls returned to the Pakistan Stock Exchange (PSX) during early trading hours on Monday, and lifted the benchmark KSE 100-share Index to 41,425.19 with a massive increase of 508.60 points or 1.24 per cent. Amid positive market triggers, the KSE-100 index has crossed the 41,000-point mark at 11-month high levels. On Friday, the KSE 100-share Index closed at 40,916.59 ... Read More »

Gold price reaches Rs84,800 per tola

KARACHI: Gold prices in the local market on Saturday edged up by Rs200 to Rs84,800 per tola. The rate of 10 grams of yellow metal also increased by Rs172 to Rs72,702. The gold also witnessed an increase of four United States dollars (US$), raising the price to US$1476 per ounce. Yesterday, the prices in the local market on Friday edged ... Read More »

Weekly review: KSE-100 strengthens to 11-month high

KARACHI: Bulls lifted the KSE-100 index above the 41,000-point mark for some time as it traded at 11-month high levels, supported by buying interest in stocks of oil companies during the outgoing week on Friday. Index closed on a positive note for the seventh consecutive week as the benchmark KSE 100-share Index gained 184 points or 0.5 per cent on ... Read More »

PSX touches 10-month high, crosses 41,000 points

KARACHI: The Pakistan Stock Exchange (PSX) on Friday touched 10-month high as the KSE-100 Index traded at 41,030 points with an increase of 516 points. According to the economic analysts, further boost in investments is expected following positive reports by international bodies regarding Pakistan’s economy. It is pertinent here to mention that the stock market had touched 41,000 mark back ... Read More »

Gold price reaches Rs84,500 per tola

KARACHI: Gold prices in the local market on Thursday edged up by Rs100 to Rs84,500 per tola. The rate of 10 grams of yellow metal also increased by Rs28 to Rs73,173. Meanwhile, Gold prices in international market hovered near a one-week high hit in the previous session, as the dollar nursed its steepest losses in weeks after the U.S. Federal ... Read More »

KSE-100 falls flat after range-bound session

KARACHI: Continuing with the trend from the previous session, the Pakistan Stock Exchange (PSX) ended a range-bound session flat on Thursday. Foreign investors ended as net sellers for the second consecutive session on Wednesday. A net inflow of $0.826 million was recorded with major selling witnessed in the banking sector. On the economic front, the country’s exports grew by 9.35pc ... Read More »

Bullish trend in PSX as 100-index touches 40,801 points

KARACHI: Pakistan Stock Exchange (PSX) continued a bullish trend on Wednesday as the KSE-100 index gained 138 points. The index is currently trading at 40,801 points. The market is seems to be stablizing as the investors are getting trust to invest in the PSX due to positive policies of the Pakistan Tehrek-e-Insaf government. Earlier, Advisor to Prime Minister on Finance, ... Read More »

PSX witnesses bullish trend as benchmark index gains 221.79 points

KARACHI: Pakistan Stock Exchange on Tuesday witnessed bullish trend as the KSE-100 Index closed today at 40,664.60 points with a positive change of 221.79 points or 0.55 percent. Of the 93 traded companies in the KSE100 Index 61 closed up 30 closed down, while 2 remained unchanged. Total volume traded for the index was 157.14 million shares. Sectors propping up ... Read More »

Pak Rupee further appreciates by 20 paisa against dollar

KARACHI: The Pakistani rupee on Tuesday further appreciated against the U.S. dollar by 20 paisa and three paisa in the open and interbank markets, respectively. The local currency traded at Rs154.70 in the open market, and Rs154.93 in the interbank market, according to updates available with the media. Pakistan’s foreign exchange reserves have risen to nine-month high of $17.29 billion ... Read More »

Gold rates fall in local market

KARACHI: Gold rates in the local market slightly fell by Rs50 to Rs84,500 per tola. The rate of 10 grams of yellow metal decreased by Rs40 to Rs74,445. Gold was steady on Monday as investors await cues from the U.S. Federal Reserve on interest rates later this week, while trying to size up the chances of a new round of ... Read More »

PSX witnesses bearish trend as benchmark index plunges 289 points

KARACHI: Pakistan Stock Exchange on Monday witnessed bearish trend as the KSE-100 Index closed today at 40,442.80 points with a negative change of 289 points. On Friday, the KSE-100 Index closed at 40,732.25 points as compared to 40,306.55 points on the last working day with a positive change of 91.15 points. The benchmark KSE -100 index gained 91 points in ... Read More »

Pak Rupee rises to six-month high against US dollar

KARACHI: The incumbent government’s efforts to stabilise exchange rate seem to be bearing fruit as the rupee rose to its six-month high against the greenback on Monday. At the start of trade in the interbank market today, the dollar depreciated by 15 paisa to trade as low as Rs154.90 against the local currency. The rupee has gained Rs8.60 against the ... Read More »

Gold price drops by Rs750 per tola

LAHORE: The price of gold has taken a record leap on Saturday, and decreased by Rs750 per tola. According to details, gold prices in markets of Lahore, Karachi, Islamabad, Multan, Peshawar, Quetta, Faisalabad, Multan, Sukkur, Hyderabad and others decreased further to Rs750, after which the price of gold per tola stands at Rs84,500. On Dec 5, the price of 24 ... Read More »