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Stocks close in green amid thin trade

Stocks close in green amid thin trade

Stock market traded between hope and despair.KSE-100 index gains 30.95 points to close at 42,761.19.Shares of 334 companies were traded…
Rupee’s woeful ride continues, depreciates to settle at 223.66 against dollar

Rupee’s woeful ride continues, depreciates to settle at 223.66 against dollar

Rupee value has cumulatively decreased by 1.01% in past seven working days.Local unit settles at Rs223.66 against the dollar in…
Gold barely moves as cagey investors track dollar

Gold barely moves as cagey investors track dollar

Gold price settles at Rs156,000 per tola.Physical demand is high due to wedding season.Silver prices in domestic market remain unchanged.…
Stocks fall as delay in IMF talks, Saudi crown prince visit weigh

Stocks fall as delay in IMF talks, Saudi crown prince visit weigh

Investors concerned as world commodities rise.Shelving of Saudi crown prince visit dents sentiment.Losses led by exploration and production sector stocks.…
Gold gains Rs600 per tola in Pakistan

Gold gains Rs600 per tola in Pakistan

Gold price settles at Rs151,800 per tola.Rates in Pakistan are around Rs2,000 below the cost.Silver prices remain unchanged. KARACHI: Gold…
Rupee gains more ground against dollar

Rupee gains more ground against dollar

Rupee closes at Rs221.66 against dollar.Appreciates 0.12% in interbank market.Currency dealers expect rupee to remain range-bound. KARACHI: The Pakistani rupee continued…
Gold slides on rupee recovery; investors assess economic cues

Gold slides on rupee recovery; investors assess economic cues

Gold price settles at Rs150,000 per tola.Cumulatively, it gained Rs4,500 per tola in October.Silver prices remain unchanged in local market.…
Dar’s meetings prove fruitful as rupee recovers against dollar

Dar’s meetings prove fruitful as rupee recovers against dollar

Rupee gains Rs1.59 against dollar. Local currency closes at 220.88 against greenback. Analyst believes finance minister’s meeting with SBP officials improved market sentiments. …
Pakistan convinces Saudi Arabia to set up $12bn refinery, petrochemical complex

Pakistan convinces Saudi Arabia to set up $12bn refinery, petrochemical complex

Saudi Arabia to establish state-of-the-art refinery in Hub.Project revived due to efforts of Shehbaz Sharif government.Saudi Crown Prince expected to visit…
Rupee expected to trade at 216 against dollar in next 10 days

Rupee expected to trade at 216 against dollar in next 10 days

Analysts predict multilateral creditor’s assistance will strengthen rupee. Rupee expected to trade at 216 to the dollar in next 10 days. Analysts…
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