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Web Desk
Jan 31, 2025

PSX surges past 115,000 as KSE-100 gains 1,864 points

The Pakistan Stock Exchange (PSX) entered the last trading day of the month in green, with the benchmark KSE-100 rising by 1,864 points.

Business

Web Desk
Jan 31, 2025

Intraday trade: PKR increases 9 paisa against USD

The Pakistani rupee (PKR) made slight gains against the US dollar (USD), appreciating by 0.03 per cent in the interbank market.

Business

Reuters
Jan 31, 2025

Nissan delays merger plans with Honda, new timeline announced

Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday.

Business

Web Desk
Jan 31, 2025

SBP reserves drop by $76 million amid debt repayments

The State Bank of Pakistan’s (SBP) foreign exchange reserves dropped by $76.3 million, or 0.67 per cent, to $11.37 billion in the week ending January 24.

Business

Reuters
Jan 31, 2025

Gold prices climb to record high as US tariff threats spur demand

Gold prices hit a record high on Friday and were set for a fifth consecutive weekly gain, as investors flocked to the safe-haven metal due to heightened US tariff concerns.

Business

Reuters
Jan 31, 2025

Oil prices edge higher as US considers tariffs on top oil exporters

Oil prices rose on Friday as markets weigh the threat of tariffs by US President Donald Trump on Mexico and Canada, the two largest crude exporters to the US, that could take effect this weekend.

Business

Reuters
Jan 30, 2025

S&P 500 flat as declines in Microsoft, Nvidia offset other tech gains

Microsoft MSFT.O dropped 6.2% after forecasting disappointing growth in its cloud computing business, while Meta Platforms META.O added 1.8% after beating fourth-quarter revenue estimates.

Business

Reuters
Jan 30, 2025

Microsoft, Meta back big AI spending despite DeepSeek’s low costs

Microsoft CEO Satya Nadella said the spending would ease capacity constraints that have hampered the technology giant’s ability to capitalize on AI.

Business

Web Desk
Jan 30, 2025

Gold prices all-time high in Pakistan

According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), gold price per tola surged to Rs290,300 after witnessing an increase of Rs1,600 per tola.

Business

Web Desk
Jan 30, 2025

PSX closing: KSE-100 ends day up by over 1,700 points

The Pakistan Stock Exchange (PSX) opened on a positive note on the second last trading day of the week and month, with the benchmark KSE-100 Index gaining 569.76 points to reach 112,057.12 on Thursday, up from its previous close of 111,487.36. The trading volume at this time stood at 10,246,260 shares.