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Buisness

Home Β» Buisness Β» Page 10
PSX shares drop by nearly 1,500 points as market moves to ‘normalised phase’
Posted inBuisness

PSX shares drop by nearly 1,500 points as market moves to ‘normalised phase’

On Tuesday, the Pakistan Stock Exchange (PSX) saw a significant drop, with shares falling by nearly 1,500 points, reversing the strong gains made the previous day when the market had…
Posted by Admin December 24, 2024
Gold prices drop in international and local markets
Posted inBuisness

Gold prices drop in international and local markets

Gold prices dropped in both global and local markets, as reported by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Global Market: Gold per ounce fell by $8, now priced…
Posted by Admin December 24, 2024
Stocks Rise on Positive Economic Data and Political Stability
Posted inBuisness

Stocks Rise on Positive Economic Data and Political Stability

The Pakistan Stock Exchange (PSX) started the week strong, rising more than 4,000 points as political tensions eased. The KSE-100 Index climbed 4.03%, up by 4,411.27 points, closing at 113,924.41…
Posted by Admin December 23, 2024
SBP Reports Digital Retail Payments Soar to Rs36 Trillion
Posted inBuisness

SBP Reports Digital Retail Payments Soar to Rs36 Trillion

Digital Retail Payments Surge in Q1 FY25: SBP Report KARACHI: The volume of retail payments via digital platforms surged by 9%, reaching 1,699 million transactions valued at Rs36 trillion in…
Posted by Admin December 21, 2024
PSX rebounds with a 3,200-point surge following a sharp decline
Posted inBuisness

PSX rebounds with a 3,200-point surge following a sharp decline

The Pakistan Stock Exchange (PSX) experienced a notable rebound on Friday, with the KSE-100 index rising by 3.05%, closing at 109,513.14 points. During the session, the index peaked at 109,846.64…
Posted by Admin December 20, 2024
Amazon Faces Nationwide Walkout Amid Holiday Shopping Surge
Posted inBuisness

Amazon Faces Nationwide Walkout Amid Holiday Shopping Surge

Workers from three Amazon facilities in Southern California have joined thousands of employees nationwide in a strike organized by the Teamsters union. The action, which coincides with the busy holiday…
Posted by Admin December 19, 2024
“World Bank and Pakistan Discuss Climate Resilience”
Posted inBuisness

“World Bank and Pakistan Discuss Climate Resilience”

ISLAMABAD:Najy Benhassine, the World Bank’s Country Director for Pakistan, met with Romina Khurshid Alam, Coordinator to the Prime Minister on Climate Change, to discuss key areas of cooperation aimed at…
Posted by Admin December 18, 2024
“Current Account Surplus Hits Decade-High”
Posted inBuisness

“Current Account Surplus Hits Decade-High”

KARACHI: After a significant reduction in the policy rate, Pakistan achieved its highest current account surplus in over ten years, reaching $729 million in November 2024. This surge was mainly…
Posted by Admin December 18, 2024
Gold Prices Slightly Decrease in International and Local Markets
Posted inBuisness Pakistan

Gold Prices Slightly Decrease in International and Local Markets

On Monday, gold prices experienced a decline in both global and local markets. In the international bullion market, the price of gold per ounce decreased by $8, settling at $2,658.…
Posted by Admin December 16, 2024

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