Business, Market News, Gold, Dollar and Sliver Price

Home
Business

Business

Web Desk
Aug 03, 2024

Gold price falls by Rs500 per tola

Gold prices in Pakistan saw a decline on Saturday, following an increase in the previous session and a drop in international rates.

Business

Web Desk
Aug 02, 2024

Oil marketing companies in Pakistan record 11.4 per cent sales decline

The sales of oil marketing companies in Pakistan fell by 11.4 per cent year-on-year in July 2024, reaching 1.2 million metric tons (MTs).

Business

Web Desk
Aug 02, 2024

Pakistan to grant free visas to Chinese citizens starting August 14

Pakistan will introduce a free visa policy for Chinese citizens from August 14, reinforcing its commitment to strengthening ties with Beijing.

Business

Web Desk
Aug 02, 2024

PBS data reveals first decline in SPI inflation in five weeks

For the first time in five weeks, Pakistan experienced a drop in weekly inflation, largely due to a reduction in electricity charges compared to the previous week.

Business

Web Desk
Aug 02, 2024

PSX closes week above 78,000-level

KSE-100 Index ended Friday’s trading session at 78,225.98, marking an increase of 485.68 points, or 0.62 per cent.

Business

Web Desk
Aug 02, 2024

Gold price increases by Rs2,400 per tola in Pakistan

Gold prices in Pakistan continued to rise on Friday, reflecting the upward trend observed in global markets. In the local market, the price of gold per tola reached Rs257,300, marking an increase of Rs2,400.

Business

Web Desk
Aug 02, 2024

Interbank closing: PKR appreciates by 16.4 paisa against USD

In Friday’s interbank market, the Pakistani rupee (PKR) appreciated by 16.4 paisa against the US dollar (USD).

Business

Web Desk
Aug 02, 2024

Turnaround in KSE-100, stock market up by 620 points

This is the first time since Monday that the index has shown noticeable recovery. Yesterday’s closing was the lowest closing in this week.

Business

Web Desk
Aug 02, 2024

Stock market slips further to lowest position in the week

Inflation remains high, along with deterioration in the foreign currency reserves due to heavy debt payments.

Business

Web Desk
Aug 01, 2024

SBP-held foreign exchange reserves rise by $75 million

The State Bank of Pakistan (SBP) reported a $75 million increase, or 0.83 per cent, in its foreign exchange reserves for the week ending 26 July 2024, bringing the total to $9.1 billion.