Markets
The Pakistani rupee maintained a steady footing in the interbank market on Thursday, extending its marginal gains against the US dollar to finish slightly higher. The local unit closed the trading session at 277.10,…
By The Scoop desk / 2 min read
Markets
After opening on a strong note, stocks at the Pakistan Stock Exchange (PSX) came under intense and sustained selling pressure, gradually erasing all early gains through the morning session. By Thursday afternoon, the benchmark…
By The Scoop desk / 3 min read
Markets
Gold prices across Pakistan experienced a sharp downward correction on Thursday, falling strictly in line with a significant retreat in the international bullion market. In the local exchange, the price of gold plummeted by…
By The Scoop desk / 2 min read
Markets
Gold prices in Pakistan surged on Wednesday, tracking sharp gains in the international market as safe-haven demand lifted precious metals globally. In the local market, the price of 24-karat gold climbed by Rs4,300 per…
By The Scoop desk / 2 min read
Markets
Following a volatile session, the benchmark index shook off early selling pressure to close in the green as the government rolls out a new IMF-backed bond market strategy. Buying interest returned to the Pakistan…
By The Scoop desk / 2 min read
Markets
Malaysia’s decision to purchase an additional 70,000 tonnes of Pakistani rice ahead of the country’s new harvest could provide a timely boost to Pakistan’s exporters, but the larger opportunity for Islamabad lies in turning…
By The Scoop desk / 5 min read