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PSX rebounds on 3-day selling of Energy Stocks
ISLAMABAD: The benchmark KSE-100 index rebounded on Thursday after witnessing a sell-off for the last three days, with analysts attributing the rise to energy sector stocks.
The index was at 39,853.99, up 511.10 points or 1.30 per cent,…
Musk to exit after finding ‘foolish replacement’ as …
CALIFORNIA: Elon Musk has said he will resign as Twitter's Chief Executive Officer (CEO) when he finds someone "foolish enough to take the job".
The billionaire promised earlier to abide by the result of a Twitter poll which…
Global Oil prices increase, China COVID surge limits gains
BEIJING: Global Oil prices edged up on Tuesday, supported by a softer dollar and a United States plan to restock petroleum reserves, but gains were capped by uncertainty over the impact of rising Covid-19 cases in top oil importer China.…
Gold price hits all-time high of Rs. 178,800 per tola
KARACHI: Domestic gold prices continued their record-breaking spree on Tuesday as one-tola and 10-gram rates hit an all-time high of 178,800 and Rs153,292 after gaining Rs3,900 and Rs3,344 respectively.
According to the All Sindh Sarafa…
PSX drops to alarming level, records lowest mark since July
ISLAMABAD: The Pakistan Stock Exchange (PSX) on Tuesday dropped below the 40,000 mark to trade at the lowest level since July 2022 after the benchmark KSE-100 Index plunged by over 1,100 points during intra-day trade owing to political…
Pakistan likely to avert economic default: Prof. Dr. Shahid
Peshawar : Peshawar University Teachers Association has started its annual seminar series on the most volatile current affairs topic of chances of default of Pakistan economy: causes, consequences and the way forward.
The guest speaker was…
Need stressed for capitalizing on US market for exports
Islamabad: US market offers many openings for exports to Pakistan and the entrepreneurs should accelerate efforts to capitalize on these opportunities to increase exports and earn more foreign exchange for the country. This was said by Asim…
Gold price hits all-time high after Rs. 2,200 per tola jump
KARACHI: Domestic Gold prices continued their record-breaking spree as one-tola and 10-gram rates on Monday hit a fresh peak of Rs174,900 and Rs149,948 after adding Rs2,200 and Rs1,886 respectively.
All Sindh Saraf Jewellers Association…
Oil and Gas reserves discovered in Sindh’s Sanghar
KARACHI: Oil and Gas Development Company Ltd (OGDCL) informed investors on Monday that it had discovered Oil and Gas in an exploratory well named Chak-5 Dim South-3 in Sindh’s Sanghar district.
In a regulatory filing, the company said…
Over 57% users want Musk to resign as Twitter Chief
CALIFORNIA: A poll by Elon Musk on whether he should quit as Twitter CEO showed the majority of users of the social media platform who took part voted in favor of the move after the poll ended on Monday.
About 57.5 per cent votes were…