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PSX Closes Above 71,400 For First Time in History

The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Monday, surpassing its previous high of 70,909 seen on Friday last week.

After opening trade at 70,910 points, the benchmark KSE-100 index went up by 1.34 percent or 951 points at 2…

Pak Rupee Begins Big Week With Losses Against US Dollar

The Pakistani rupee reversed Friday’s gains against the US Dollar after opening trade at 278 in the interbank market.

It was largely stable against the greenback and other major currencies today.

The interbank rate stayed at 278.75 most of the day …

Gold Price in Pakistan Falls as Middle East Tensions Ease

The price of gold in Pakistan fell by Rs. 3,500 per tola on Monday as geopolitical tensions in the Middle East eased.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) decreased by Rs. 3,500 per tola to Rs. 24…

Pakistan Achieves Highest-Ever Monthly IT Exports In March 2024

IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by around 17.37 percent during the first eight months (July-March) of the current fiscal year 2023-24 and remained $2.283 billion com…

FBR Seizes Counterfeit Cigarettes Worth Rs. 96 Million

The Federal Board of Revenue (FBR) has seized 1,235 packerites of cigarettes having an approximate value of Rs. 96 million during a major enforcement operation across the country.

The IR Field Formations of FBR, during counter-evasion operations, co…

SECP Officially Registers Bank of Punjab’s Exchange Company

The Securities and Exchange Commission of Pakistan (SECP) has officially registered The Bank of Punjab’s (PSX: BOP) exchange company.

‘We are now pleased to inform you that subsequent to the issuance of above referred NOC from the State Bank of Paki…

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