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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

Pak Rupee gains three paisa against US dollar in interbank market

KARACHI: The Pakistani rupee rose by three paisa against the US dollar in the inter-bank market on Wednesday. According to forex dealers, the rupee appreciated by three paisa to 154.20 against the greenback as compared to yesterday’s closing of 154.25. Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday said the foreign direct investment in ... Read More »

Stock market stages rally over reports of positive FATF outcome

KARACHI: After a considerable declining trend in the previous weeks, reports of positive outcome from the FATF meetings in Paris for Pakistan restored some of investors’ confidence in the stock market in the early trading hours on Wednesday. The benchmark KSE 100-Share Index reached 40,505.27 points after gaining 329.92 points or 0.82pc as of 11.19am. The Index opened at 40,221.82 ... Read More »

Gold price gains Rs350, traded at Rs91,150 per tola

ISLAMABAD: The per tola price of 24 karat gold appreciated by Rs350 on Tuesday and was traded at Rs91,150 as compared to Rs90,800 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increased of Rs300 and was traded at Rs78,146 against last closing of Rs77,846. The price of silver remained stable and was ... Read More »

PSX witnesses bearish trend as index loses 101 points

KARACHI: Pakistan Stocks Exchange (PSX) remained bearish on Tuesday as KSE-100 index lost 101 points at the end of the day. The 100-index closed at 40,175 points after it lost a business of 0.25 percent in the day. On February 12, the PSX witnessed a bullish run as the index gained 816 points at the end of the day after ... Read More »

Pak rupee rises two paisa against US dollar in interbank market

KARACHI: The Pakistani rupee rose by two paisa against the US dollar in the interbank market on Tuesday. According to forex dealers, the greenback appreciated by two paisa and is trading at Rs154.25 against the local currency. The US dollar picked up eleven paisa against the Pakistani rupee in the inter-bank market on Monday. Earlier, on Feb 14, the International ... Read More »

PSX gains 33 points to close at 40,276 points

ISLAMABAD: The Pakistan stock exchange (PSX) Monday noted bullish trend as KSE 100 index closed at 40,276.93 points as compared to 40,243.26 points on the last working day with the positive change of 33.67 points (0.08 %). A total of 99,965,470 shares were traded compared to the trade 117,597,500 shares during the previous day, whereas the value of shares traded ... Read More »

US dollar gains Rs0.11 in interbank against Pak Rupee

ISLAMABAD: The exchange rate of US dollar against Pakistani rupee bounced by Rs0.11 in interbank on Monday and was traded at Rs154.27 as compared to Rs154.16 of last trading day, State Bank of Pakistan (SBP) reported. The SBP further reported that in interbank the price of Euro appreciated by Rs0.17 and was traded at Rs167.37 against the last closing of ... Read More »

Stock market stays in search of direction

KARACHI: The stock market remains in search of positive triggers on Monday as not much progression could be seen at the benchmark KSE-100 Share Index that dropped 142.98 points or 0.36pc as of 11.19am. The Index reached 40,100.28 as potential investors continue to react to the impact of the coronavirus outbreak hurting imports and other factors. The Index opened at ... Read More »

Gold rates continue to climb in local, international markets

KARACHI: Gold ascends in the local markets on Saturday with the per tola price of the precious metal registering at Rs90,900 with a Rs100 appreciation. 10 grams worth of gold also climbed Rs 86 with the overall worth for 10 grams stabilising at Rs 77,932. International markets also saw a sizeable upsurge in the price of the golden metal, recording ... Read More »

A weekly review: Stock market continues battling FATF and virus concerns

KARACHI: The stock market kept struggling for its sustainability in the outgoing week as confusion and uncertainty surrounded potential investors until late Friday when the IMF, in its concluding remarks affirmed that Pakistan had been successful in completing the “structural benchmarks” as well as in meeting “all end-December performance criteria” which had been set for the implementation of $6 billion ... Read More »

PSX sheds 212 points on selling pressure

KARACHI: The stock market fell by 212 points on Friday as selling pressure observed during the trading. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,243 points as against 40,455 points showing a decline of 212 points. Analysts at Arif Habib Limited said that similar to what was witnessed yesterday. The market opened on a positive note ... Read More »

Pak Rupee gains 21 paisas against dollar

KARACHI: The Pak Rupee made a substantial gain of 21 paisas on Friday against dollar owing to improved economic indicators and increase in foreign exchange reserves. The rupee ended at Rs154.17 to the dollar as compared with previous day’s closing of Rs154.38 in interbank foreign exchange market. Currency dealers said that improved numbers of foreign inflows helped the rupee to ... Read More »

Gold price gains Rs300, traded at Rs90,650 per tola

ISLAMABAD: The per tola price of 24 karat gold appreciated by Rs300 on Thursday and was traded at Rs90,650 as compared to Rs90,350 on last trading day, Karachi Sarafa Association reported. Likewise, the price of 10 gram gold witnessed increased of Rs257 and was traded at Rs77,718 against last closing of Rs77,461. The price of silver remained stable and was ... Read More »

PSX KSE-100 finishes in red, retreats 75 points

KARACHI: Pakistan Stock Exchange (PSX) witnessed a jittery session on Thursday, as the indices kept changing directions throughout the day before closing slightly negative. Foreign investors closed the preceding session (Wednesday) as net sellers, with a net outflow of $4.92 million. Major selling was witnessed in the banking ($1.47 million) and oil & gas exploration ($1.95 million) sectors. On the ... Read More »

Pak Rupee ends flat in range bound trading

KARACHI: The Pak Rupee ended flat against dollar on Thursday owing to a range bound trading activity, forex dealers said. The rupee ended 154.38 to the dollar from previous day’s closing of Rs154.37 in interbank foreign exchange market. The dealers said that the market witnessed lackluster demand for dollars from importers and corporate buyers. Further, the inflows of export receipts ... Read More »

Virus, uncertainty continues to stymie stock rally

KARACHI: Not much progression could be seen at the stock market on Thursday as potential investors continue to react to the impact of the coronavirus outbreak hurting imports, however, the benchmark KSE-100 Share Index recovered some 126.54 points or 0.31pc as of 11.04am. The Index reached 40,657.67. In the early trading hours, the Index lost 98 points. The apex of ... Read More »

PSX witnesses bullish trend as 100 index gains 816 points

KARACHI: Pakistan Stock Exchange (PSX) on Wednesday witnessed a bullish run as the index gained 816 points at the end of the day after remaining on a losing streak until the first day day of this week. The PSE-100 index crossed the 40,000 mark and ended the day with 40631 points. A major sum of Rs 120 billion entered the ... Read More »

Pak Rupee gains five paisas against US dollar

KARACHI: The Pak Rupee gained five paisas against dollar on Wednesday owing to inflows of export receipts and workers’ remittances, dealers said. The rupee ended Rs154.37 to the dollar from previous day’s close of Rs154.42 in interbank foreign exchange market. The currency dealers said that the market witnessed inflows of exports and workers’ remittances during the day. On the other ... Read More »

Pakistan Stock Exchange gains 455 points

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday gained 455 points in the first half of the trading. The KSE-100 index is currently trading at 40,169 points. The index had closed at the level of 39,714.46 points on Tuesday. The stock market (PSX) in the previous week followed a similar trend and lost massive 1,487 points or 3.6pc, representing the ... Read More »

PSX up by 417.76 points to close at 39,714.46 points

KARACHI: Pakistan Stock Exchange (PSX) on Tuesday witnessed bullish trend as KSE-100 index closed at 39,714.46 points as compared to 39,296.07 points on the last working day with the positive change of 417.76 points (1.05%). As confusion and uncertainty surrounds potential investors due to several persisting factors, the stock market in the previous week followed similar trend and lost massive ... Read More »