PAKISTAN STOCK MARKET EXTENDS DECLINE
The Pakistan stock market extended its decline on Wednesday, with the benchmark KSE-100 index losing 447.22 points, or 0.6%, to close at 74,219.44. This follows a 1.2% drop on the...
FINANCE MINISTER AURANGZEB ANTICIPATES POLICY RATE CUT BY SBP AMID STABLE FOREX AND SLOWING INFLATION
Finance Minister Muhammad Aurangzeb has expressed optimism about a potential key policy rate cut by the State Bank of Pakistan (SBP) later this year, aligning with the current inflation trends....
GOLD LOSSES RS400 PER TOLA
On Wednesday, the gold market in Pakistan witnessed a decrease in prices, with 24-karat gold being sold at Rs240,600 per tola, marking a Rs400 drop per tola. The current price...
ADB APPROVES $250 MILLION LOAN TO BOOST PUBLIC–PRIVATE PARTNERSHIPS IN PAKISTAN
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to aid the Government of Pakistan in fostering sustainable investments in infrastructure and services through public–private partnerships (PPPs)....
PAKISTAN SHINES ON GLOBAL STAGE AS NOOH DASTGIR BUTT SECURES GOLD
Gujranwala-based athlete Nooh Dastgir Butt has once again brought glory to Pakistan by clinching the gold medal in the Hercules Columns competition at the Pahlavon Mahmud Strongman Games 2024, held...
SIX COMPANIES SELECTED TO BID FOR PIA
Pakistan has pre-qualified six companies to participate in the bidding process to acquire national carrier Pakistan International Airlines (PIA), the country's Privatisation Minister announced on Monday. This selection follows an...
HEAVY SELLING CONTINUES AT PSX
The Pakistan Stock Exchange (PSX) experienced significant selling pressure on Tuesday, with the benchmark KSE-100 index slumping by 908.6 points, or 1.2%, to close at 74,666.66. The index displayed notable...
PAKISTANI RUPEE APPRECIATES 6.79 PAISA
The Pakistani rupee (PKR) appreciated by 6.79 paisa against the US dollar in Tuesday's interbank session, closing at PKR 278.30 per USD, compared to the previous session's closing of PKR...
GOLD PRICE RISES BY RS 700 PER TOLA
The per tola price of 24 karat gold increased by Rs 700, reaching Rs 241,000 on Tuesday, up from Rs 240,300 on the last trading day, according to the All...
OIL SALES PAKISTAN REACH NINE-MONTH HIGH
The sales of oil marketing companies (OMCs) surged by 7% year-on-year (YoY) to reach a nine-month high of 1.39 million tonnes (MTs) in May 2024, compared to 1.30 MTs in...
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