US dollar appreciates in interbank market
Business
1 min read
16

US dollar appreciates in interbank market

October 8, 2024
0

On Wednesday US dollar appreciated against PKR in the interbank market. According to the State Bank of Pakistan, the dollar closed at Rs277.67 at the end of trading. This increases 3 paisas compared to the previous day’s closing rate of Rs277.64. In contrast, the open market saw a decrease in

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Pakistan Stock Exchange surges as 100 Index hits historic high
Business
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Pakistan Stock Exchange surges as 100 Index hits historic high

October 8, 2024
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The Pakistan Stock Exchange (PSX) witnessed a significant rally at the start of trading today, with the benchmark 100 Index reaching an all-time high. For the first time in history, the index crossed the psychological barrier of 85,000 points, recording a rise of 484 points to close at 85,433, marking

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Pakistan Stock Exchange hits all-time high
Business
2 min read
26

Pakistan Stock Exchange hits all-time high

October 8, 2024
0

The Pakistan Stock Exchange (PSX) maintained its positive trend on Tuesday, as the benchmark KSE-100 index jumped by 665.81 points, or 0.78 per cent, reaching a historic high of 85,576.10 points during intra-day trading. After starting the day on a slightly lower note, the index dipped to an intra-day low

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PSX surges 764 points ahead of IMF board meeting
Business
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71

PSX surges 764 points ahead of IMF board meeting

September 25, 2024
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The Pakistan Stock Exchange’s 100 Index surged by 764.28 points, or 0.94 per cent, to close at 82,247.92 points, up from 81,483.64 points. Moreover, a total of 422,163,158 shares changed hands, increasing from 369,620,812 shares traded the previous day, with a total share value of Rs18.38 billion. Read More: Gold

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KSE-100 index reaches all-time high
Business
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106

KSE-100 index reaches all-time high

September 19, 2024
1

The Pakistan Stock Exchange (PSX) saw a significant rise today, reaching over 82,000 points for the first time in its history. The KSE-100 index opened at 80,461 points and quickly gained ground, rising by 1.57% or 1,266 points to 81,727 by 10:15 AM. By 10:30 AM, it was up by

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Youm-e-Takbeer: banks, PSX to remain closed on Tuesday
Business
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163

Youm-e-Takbeer: banks, PSX to remain closed on Tuesday

May 28, 2024
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WEB DESK: The State Bank of Pakistan (SBP) has announced its closure tomorrow, May 28, 2024, in observance of Youm-e-Takbeer, a public holiday declared by the Government of Pakistan. This closure extends to commercial banks across the country, as stated in a notice issued by the central bank. Earlier today,

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PSX hits record high, surpasses 71,500 points
Business
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388

PSX hits record high, surpasses 71,500 points

April 22, 2024
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Concerns over escalating situation in Middle East have led to a cautious approach from international investors, exerting some negative pressure on the PSX.

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PSX hits new milestone
Business
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468

PSX hits new milestone

April 8, 2024
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In Karachi, the Pakistan Stock Exchange (PSX) achieved a significant milestone on Monday, surging past the 69,000 mark, propelled by various factors, notably stability in the economic landscape. The KSE-100 index, the benchmark indicator, recorded a substantial gain of 930.96 points or 1.36%, soaring to 69,347.74 points from its previous

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PSX closes above 68,000 points, sets record high
Business
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472

PSX closes above 68,000 points, sets record high

April 4, 2024
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In a final flourish, the Pakistan Stock Exchange (PSX) index surged once more before the close, ending the day on a high note.

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